XRP has seen a 9% increase over the week, trading around the $3.00 level. After a significant volume spike of $273 million on August 27, XRP closed slightly lower at $2.98, following a tight trading band between $2.95 and $3.05. Analysts note that the key support level stands at $2.975–$2.98, while resistance is observed at $3.02–$3.04. A notable factor contributing to XRP's stability is the launch of Gemini's XRP-rewards Mastercard, which has enhanced its app ranking, paired with approximately $25 million in daily institutional flows into XRP-linked products. Technical indicators are also noteworthy, with the Relative Strength Index (RSI) maintaining a neutral stance and the MACD signaling a potential bullish crossover. Market sentiment is divided, as bulls target a breakout above $3.04, while bears watch for a decline below $2.94, indicating potential volatility ahead.

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