#xrp Recently, the price has fluctuated between $2.93 and $3.08, with a range of about $0.13, showing an overall decline of about 4.2%. Trading activity is very high, especially between 2 PM and 3 PM, when the selling volume peaks, indicating that many people choose to sell during this time. In the last hour, the price has dropped another 1%, with particularly high trading volume at 2:11 AM, reaching 1.6 million transactions, showing that the market is still active.

Currently, XRP faces a resistance level at $3.04, meaning it will take some effort for the price to rise back to this point; the support level is at $2.93, and if it falls below this level in the short term, it may continue to decline. The price is currently fluctuating between $2.96 and $2.97, with strong market hesitation.

From a technical perspective, the XRP price has attempted multiple times to break through the $3.04 resistance but failed to hold, quickly falling back to $2.93, with trading volume above normal, indicating significant selling pressure. Although the price briefly broke above the short-term moving average of $3.00, it could not hold, reflecting a relatively high current risk.

Volatility remains high, and there are no clear signs of reversal. If the price falls below $2.92, then based on historical trading data, the next support points may be around $2.87 and $2.80, and investors should pay close attention.