XRP's recent market activity is quite exciting ⚡! On August 18 at 17:00, the price surged from $2.97 to $3.10 🚀, with trading volume skyrocketing to 131 million, double the 24-hour average 🔥, establishing short-term support around $3.00.
However, there was selling pressure at Monday's close, with significant sell-offs in the last hour 📉, causing XRP to drop about 1%, indicating that institutional investors are executing stop-loss and liquidation operations 💼. The technical signals are somewhat mixed, with prices fluctuating between $2.94 and $3.10 over the last 24 hours and an intraday volatility nearing 4% 📊. Short-term support and resistance levels are worth monitoring, and traders should be aware of the risks ⚠️. #xrp #crypto #trading