XRP price increased by almost 10% in the last week, following a broader market rally. However, selling pressure is mounting as short-term holders exit their positions, evidenced by shrinking HODL Waves and increasing exchange reserves.
The current structure shows key resistance at $3.34; surpassing this level could lead to further gains toward $3.57 and the all-time high of $3.66. Support is at $3.15, and a drop below this level could indicate a trend reversal.
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