XRP (XRP) Price Prediction for August 11

Main Idea
XRP price is consolidating near $3.20 after a recent rally, with key support at $3.09–$3.10 and resistance at $3.40, while technical indicators suggest mixed momentum and potential volatility.
Key Points
1. XRP price has pulled back to $3.20 after reaching $3.72 earlier in August, with buyers defending support at $3.09–$3.10 and sellers capping gains below $3.40.
2. The 4H chart shows a symmetrical triangle pattern with resistance at $3.368–$3.400 and support near $3.093, while EMAs indicate layered support levels.
3. The Parabolic SAR on the 4H timeframe suggests short-term seller control, with multiple support layers at $3.10, $3.00, and $2.92.
4. A bullish scenario could see a breakout above $3.368–$3.400 targeting $3.54–$3.66, while a bearish breakdown below $3.093 could lead to a pullback toward $2.80.
5. Technical indicators like RSI and Supertrend show mixed signals, with low ADX trend strength, indicating potential volatility ahead.
Description
After a sharp rally to $3.72 earlier this month, XRP price has pulled back into a tightening range near $3.20. Buyers are defending the $3.09–$3.10 support area, while sellers are capping gains under $3.40. The next 24 hours hinge on whether price can reclaim short-term moving averages and break above descending trendline resistance. What’s happening with XRP’s price? XRP price dynamics (Source: TradingView) On the daily chart, XRP price today remains above its July breakout zone near $2.80, kee...
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