XRP Tests $3.31 Resistance as Buying Volume Increases Within Tight Trading Range

Key Points

1. XRP is currently trading at $3.30, up 3.3% in the last 24 hours, and is testing the long-term resistance level of $3.31.

2. Buying volume is increasing, suggesting potential upward momentum if the resistance is broken.

3. The current price action mirrors XRP's late-2017 rally but is developing at a more gradual pace.

4. Key support levels are at $3.16, providing a stable base, while resistance is at $3.31.

5. Analysts note that the asset remains above midpoint support, with pressure potentially mounting toward the $3.31 resistance level.