XRP saw aggressive swings before an abrupt detainee limited the session, leaving merchants discuss whether institutional flows or technical problems promoted the erratic pattern. The Token moved in a range of 5% before quoting the freezing in the $ 3.00 mark.
News history
• XRP won up to 5% of $ 2.97 to $ 3.10 during the session from August 18 to 19 before sliding around $ 3.00.
• The final 60 minutes showed a great activity (the price moved between $ 3.01 and $ 2.99, before completely freezing at 08:19 with zero registered volume.
• Abrupt detention increased the speculation of technical interruption or liquidity vacuum in the main commercial places.
• The volumes reached their maximum point at 3.26 million in a single minute (08: 00–08: 01), consisting of the institutional order flow or algorithmic triggers.
Summary of the price action
• The $ 0.15 session range represented a 5% differential between $ 2.95 minimums and $ 3.10 maximums.
• The early impulse rose to XRP 4.4% to $ 3.10 before sellers limit the side.
• The consolidation dragged the price towards the $ 3.00 support in the second half.
• The freezing of the late session at $ 3.00 effectively ended the concerns of the merchants, causing concerns of the operators.
Technical analysis
• Support: Psychological level of $ 3.00, defended several times despite volatility.
• Resistance: area of $ 3.08– $ 3.10, where the advantage was repeatedly rejected.
• The volume increases to 3.26 million signals of institutional participation/from something at key inflection points.
• Zero volume printing in 08: 19–08: 20 confirms structural abnormality, either exchange or liquidity drought failures.
• Broader pattern: the consolidation range of $ 0.15 now defines an immediate short -term negotiation band.
What merchants are seeing
• If freezing was a technical failure or a disappearance of genuine liquidity, implications differ for institutional trust.
• Next $ 3.00 support test: The failure risks a break towards $ 2.95.
• The trigger for rupture remains at $ 3.10: A rape would open a route to $ 3.25– $ 3.30.
• The positioning of whales in the high volume peak will issue the feeling in the short term.
