XRP Breaks $3 Barrier With $33M in One-Minute Volume — What the Charts Are Signaling Now

XRP Breaks Above $3 as Minute-Level Volume Spikes — AI Targets Suggest $3.12 Still in Play

XRP briefly touched $3.05 following a volatile 24-hour stretch, driven by a burst of trading activity and institutional flows. Despite encountering resistance at $3.09 and flashing short-term technical warning signs, machine-learning models remain bullish, projecting a climb to $3.12 by the end of August.

24-Hour Price Action

XRP surged 4.45% from $2.92 to $3.05 between August 3 (21:00) and August 4 (20:00). The move unfolded within a 6% intraday spread and was highlighted by a record-setting minute: $33 million worth of XRP changed hands in just 60 seconds—one of the largest one-minute volume spikes in the token’s history.

The $3.00 psychological threshold was cleared during the 13:00–14:00 session, as trades peaked at 151.97 million within the hour.

Resistance, Support & Technical Signals

Rejection at $3.09: XRP hit an intraday high of $3.08 before pulling back, reinforcing $3.09 as near-term resistance.
Support at $2.97: Back-to-back high-volume candles during the early morning session established $2.97 as a short-term support level.
Sell Signals Appear: The TD Sequential indicator issued a 9-count sell signal on the 3-day chart, often suggesting a cooling-off period or trend reversal.
Momentum Check: RSI readings on the 1-hour and 4-hour charts remain elevated but are not yet in overbought territory—indicating momentum remains intact but fragile.

Whale Activity and Market Flows

The breakout was accompanied by significant institutional sell-side flows totaling $2.10 billion. At the same time, leveraged long positions worth $14 million were opened, hinting at rising conviction among bullish traders.

However, on-chain data shows continued distribution from large wallets and smart money addresses—raising the possibility that recent gains may have been fueled by short-term positioning rather than long-term accumulation.

Regulatory Uncertainty Looms

Traders are closely watching the SEC’s anticipated announcement around August 15 regarding XRP’s regulatory classification. The decision is widely seen as a binary event that could determine whether recent price action holds—or unravels.

Despite this, multiple AI-based trading platforms remain optimistic, maintaining targets between $3.10 and $3.12 by month-end, assuming volatility compresses and support at $3.00 holds.

Key Takeaways for Traders

Watch $3.00: Holding above this level may open the door to a retest of $3.09 and possibly a move higher.
Volume Is Key: A breakout above $3.09 needs to be confirmed by strong volume—69.89 million trades were recorded during the last rejection.
Regulatory Catalyst: The SEC’s mid-August update is likely to set the tone for the next major move.
Machine Learning Models Remain Bullish: AI forecasts maintain upside scenarios, provided the rally avoids a deeper pullback or regulatory shock.