$XRP Market Update: Riding the Wave at $3.11
XRP is holding steady around $3.11, after hitting $3.15 yesterday and settling into a tighter trading range today. The surge in activity has been hard to miss futures volume spiked 208% to $12.4 billion on August 8, while open interest climbed 15% to $5.9 billion, signaling that more traders are jumping in. XRP even managed to outpace SOL’s $9.6 billion trading volume, showing just how much attention it’s drawing right now.
Key levels to watch
Support: $3.09–$3.10 — buyers have been stepping in here
Resistance: $3.14–$3.15 — price is struggling to break above
Risk: A lot of long positions in the market mean sharp drops could trigger liquidations and add volatility.
