XRP Price Prediction for August 11

Key Points

1. XRP's price rose by 1.05% over the last day, with the hourly chart showing a return to local support levels.

2. The longer time frame indicates XRP bounced off the resistance of $3.333, with potential for further decline to the $3.10 range if the bar closes with a long wick.

3. Buyers need to secure a position above the $3.40 zone to take control in the midterm.

4. XRP was trading at $3.2257 at the time of publication.

5. The article mentions a 3,000% liquidation imbalance in the XRP market and other unrelated crypto news snippets.