XRP Price Today: Can XRP Hold $2.90 As Price Compression Tightens?

The price of XRP is holding steady around $2.92 today after a period of volatility that saw it drop to $2.85 and then quickly rise ￰0￱ have consistently limited the price increase to around $3.05, creating a narrowing wedge pattern as volatility ￰1￱ inflows show a small net gain of $20.9 million on August 26, which suggests that dip buyers are carefully entering the market even though it is generally weak. What’s Happening With XRP’s Price? XRP price dynamics () On the 4-hour chart, XRP continues to trade inside a descending channel, with price currently mid-range between $2.85 support and $3.05 ￰2￱ Bollinger Bands remain wide, with price leaning toward the lower half of the bands, signaling pressure but also room for rebound if liquidity builds.

On-Balance Volume has stabilized around 3.23B, showing no significant exodus despite recent ￰3￱ price dynamics () Volume Profile shows heavy activity near $2.66, which remains a strong accumulation base if current levels break ￰4￱ daily Fibonacci retracement highlights $3.08 (0.382) as the key upside level to reclaim, while…