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XRP Holds Above $3.05 on Volume Spike, Eyes $3.12–$3.20 Break

Rising volume and open interest signal fresh participation, with $3.03–$3.05 support and $3.12–$3.20 resistance defining the near-term setup.

Overview

  • XRP trades around $3.10 after an intraday push, holding above the 100‑hour SMA with a bullish hourly trendline near $3.040.
  • Reported 24‑hour trading volume jumped sharply, with Blockonomi citing a 62% rise to $7.36B and CoinGlass data showing a 79.7% increase to $9.04B.
  • Open interest rose about 7% to roughly $9.11B, indicating new positioning across spot and futures markets.
  • Resistance is clustered at $3.12–$3.20, with a potential breakout target near $3.30 if buyers force a sustained move higher.
  • Support is marked at $3.03–$3.05, with analysts flagging $2.915–$2.85 as lower buffers; daily indicators lean bullish while hourly momentum has softened.