XRP has maintained a price above $2.82 following a recent decline, which was triggered by an inability to sustain momentum above the $2.88-$2.89 resistance zone. This resulted in a 4% drop amid increased institutional selling, with buyers reemerging in the $2.81-$2.83 range. The current price action keeps XRP consolidated under $3.00 for the past 47 days, as traders monitor the critical support level at $2.77 and prepare for upcoming SEC ETF decisions in October. Despite volatility, significant whale accumulation continues, with around 340 million tokens purchased recently, and exchange balances remain high, suggesting potential supply pressure. The immediate resistance level stands at $2.88-$2.89, with a breakout above $3.30 opening paths to further gains. Key indicators like RSI and MACD suggest a neutral-bullish bias, awaiting a potential momentum shift if volume returns. Traders are focused on the support at $2.77, the behavior around resistance levels, and macroeconomic conditions impacting liquidity in the digital markets.

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