Summary of XRP Analysis on July 31, 2025:
- The current price of XRP is around *$3.10*, slightly down from yesterday, but much higher than last year.
- XRP is moving between *$3.04–$3.17* in a sideways range, with bearish indicators (MACD and RSI) suggesting continued selling pressure in the short term.
- The main support is at *$3.00*, and if it breaks, we could see a drop towards *$2.91* and then *$2.89*.
- The most important resistance is at *$3.20*, and if broken and maintained above, we could witness a rapid rise to the *$3.34–$3.50* range.
- There is optimism regarding the potential approval of a trading product linked to XRP (ETP/ETF), which could raise the price if realized.
- Trading volumes are relatively weak, and the movements are tied to the overall market condition and decisions of major investors.
Conclusion: XRP is currently volatile with clear support and resistance levels. The direction is tied to a breakout either above *$3.20* or a drop below *$3.00*. 📉
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