Overview

• XRP rallied about 6.5% to trade around $3.05–$3.07 after dipping to $2.72 last week
• A single-minute trading volume spike of $33 million marked one of the largest minute-level surges for the token
• Near-term technical resistance sits at $3.10, and a TD Sequential sell signal on the three-day chart suggests a potential pullback
• Ripple’s RLUSD stablecoin has topped a $600 million market cap, highlighting expanding use cases on the XRP Ledger
• Investors are awaiting an August 15 joint status update in the SEC vs. Ripple lawsuit that could define XRP’s regulatory classification