🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Recently, XRP has performed brilliantly, successfully breaking through the $3.00 mark and briefly reaching a high of $3.10, attracting wide market attention. However, XRP is currently encountering some resistance, and a slight pullback may occur in the short term, providing investors with a breather.
Currently, the XRP price remains stable above $2.98 and the 100-hour moving average, showing strong fundamental support. However, it is worth noting that the ascending trend line formed at $3.065 has been briefly broken, reflecting that market participants are still hesitant while looking for a clear direction.
For the future trend of XRP, $2.92 will become a key support level. If this level can be maintained, XRP is expected to continue breaking upwards and challenge higher targets. Conversely, if this support is broken, it may trigger further pullbacks.
Overall, the trend of XRP presents the following characteristics:
1. If it can firmly stay above $2.92, it will maintain a bullish momentum;
2. Breaking below this level may face short-term fluctuations;
3. $3.10 has become an important resistance level, and a breakthrough is expected to initiate a new round of upward trend.
Currently, the XRP market is at a critical moment, and investors should closely follow its price movements. Whether this stage is a brief pullback or an impending new breakthrough still requires further observation. Regardless, XRP's performance is worth the market's continued attention, as it could bring surprising changes at any time.