Shaminem

XRP’s $3.10 Breakout: Fakeout or Foreshadowing New Highs?

$XRP briefly pierced above the key resistance around $3.10, then slipped back — sparking fears of a fakeout. But beneath the drama lie signs that bulls still have a strong shot:

If $XRP reclaims $3.10 with strong volume and closes above it, it could unlock a push toward $3.40+.

On-chain activity is cooling now—transactions dropped sharply from 11.7M recently. For the breakout to hold, that needs to reverse.

Key support zones: ~$2.81 (EMA) and ~$2.50 (200-day MA). As long as those hold, downside risk is manageable.

🔔 Bottom line:

#XRP is at a decision point. A strong close above $3.10 could fire up momentum for another leg higher. If bulls deliver volume and on-chain engagement now, the path toward $3.40+ is open. #Ripple #XRPETF