Based on the 15-minute chart of **XRP/USDT**, here’s a quick technical breakdown to help you decide whether to **buy or sell**:
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### 📉 **Recent Price Action:**
* Current Price: **\$3.1383**
* **Strong uptrend** from July 26 to July 28, peaking near **\$3.32**.
* After that peak, a **sharp decline** followed, with support forming around **\$3.06**.
* Price is now attempting to **recover**, but still facing **resistance around \$3.16–\$3.18**.
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### 📊 **Volume & Trend Insights:**
* Volume spiked during the sell-off (high bearish pressure).
* Price seems to be **consolidating** after the dip, suggesting **uncertainty or possible accumulation**.
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### 🔎 Summary:
* **Short-Term Bias: Neutral to Bearish**
* Unless price **breaks above \$3.18–\$3.20** with strong volume, upward movement may be limited.
* A **break below \$3.10** could lead to further downside.
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### ✅ Recommendation:
* **If you already hold XRP**: Consider **waiting** unless \$3.20 is broken with confirmation.
* **If you want to buy**: **Wait for confirmation** above \$3.20 or a retest of support near **\$3.06–\$3.08**.
* **For short-term trading**: Possible **scalp buy** on dips near \$3.10 with a tight stop.
