XRP surged to $3.05, reflecting a 4.45% gain during a period of high trading activity and significant whale liquidations. A record-breaking $33 million was traded in just one minute, indicating immense market interest. Despite facing resistance at $3.09, machine-learning models forecast prices may rise to $3.12 by the end of August, bolstered by expectations surrounding an upcoming SEC regulatory update. The spike in XRP's price came after traders shifted investments from lower-cap altcoins to more liquid assets. While the trading volume hit a peak of 151.97 million during the hour of volatility, the market remains cautious due to aggressive sell-off behavior from whales, which raises concerns about the sustainability of the rally. Price actions showed a clear rejection at $3.09, with support observed at $2.97, leaving market participants closely monitoring the potential impact of SEC decisions and institutional trading patterns.

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