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Alright, so $XRP just pulled one of those classic crypto mo

Riddhi-Shiddi

Updated at: 6 hours ago

{"content":"Alright, so $XRP just pulled one of those classic crypto moves, and here’s my brutally honest take. We saw that sharp pump today, right? Climbing from $2.78 all the way up to $3.10 in what looked like a breakout. For a fleeting moment, you could almost feel the hype in the air here. But then, BAM! Just as quickly as it went up, it came crashing back down, settling near $3.02. Looking at that 1-hour chart, the rejection at $3.10 speaks volumes. It wasn't a sustained push; it felt more like a flash in the pan, a quick grab for liquidity. My gut feeling is that some bigger players likely pushed the price to that psychological $3.10 level, let the retail crowd jump in with FOMO, and then took profits. Classic whale behavior, if you ask me. My current take? I'm not convinced this is the real deal. Here’s what I’m watching: -Support: The absolute key level to hold is that $2.97–$2.98 range, right around the EMA99. If XRP loses that floor, we’re likely heading back down towards $2.85. That’s the line in the sand for me. -Resistance: Those sellers are clearly still active in the $3.05–$3.10 zone. Until we see a strong, decisive close above $3.20, this isn’t a breakout, it’s just sideways chop with some volatile spikes. -Market Psychology: That $3 mark still feels like a trap. It's acting more as resistance than a stable support level. Until that flips and holds, I’m treating these pumps as short-term opportunities, not the start of a new uptrend. For me, the signal that this is more than just a temporary pump will be when XRP decisively breaks and holds above $3.20. Until then, I'm staying cautious. I'll respect the volatility – because in crypto, anything can happen – but I’m not going to mistake a burst of momentum for a solid, underlying structural shift. Be careful out there, folks. $XRP | $SOL | #xrp #Ripple ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/23/675389e00028adcec400f590d64d75f5.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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