XRP price is trading near $3.09, holding steady after a strong summer rally that took price from $1.90 to a July peak of $3.66.
After correcting to the $2.60-$2.80 area, XRP price has been climbing back, forming slightly higher lows and testing the $3.20 zone. Traders are watching to see if today brings a breakout above resistance or another pause inside the current range.
What you'll learn 👉
What the XRP Chart Is Showing
On the daily chart, XRP price keeps a medium-term uptrend, but the recent weeks form a sideways channel.
Buyers have repeatedly stepped in at the $2.60-$2.80 demand zone, which remains the key base for this structure.
If buyers manage a firm daily close above $3.30, the next target sits at the July highs of $3.60-$3.70, with a potential extension toward $4.00. A decisive break below $2.80, however, could drag the price back to $2.60 and weaken the overall setup.
Market Indicators
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Spot trading volume stands near 468 million, with projected activity around 535 million, reflecting healthy but not excessive participation.
Net longs hover around 6.2 billion, while net shorts are close at 6.4 billion, keeping positioning balanced.
The open interest to market cap ratio of about 0.035 indicates moderate leverage. This leaves space for traders to scale in if a breakout occurs, but for now the market is steady and waiting for a catalyst.
XRP Price Short-Term Outlook for Today
XRP price holds $3.09 with a neutral-to-bullish bias. A clean move through $3.30 could lift the price toward $3.60-$3.70.
Failure to defend $2.80 would shift interest back to the $2.60 zone, setting the stage for a deeper pullback if selling pressure rises.
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