{"id":43737,"date":"2025-08-23T16:01:50","date_gmt":"2025-08-23T16:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43737"},"modified":"2025-08-23T16:01:50","modified_gmt":"2025-08-23T16:01:50","slug":"xrp-surges-9-before-pullback-caps-rally-near-3","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43737","title":{"rendered":"XRP Surges 9% Before Pullback Caps Rally Near $3"},"content":{"rendered":"<div>\n<h2>News Background<\/h2>\n<p>XRP advanced sharply during the August 22\u201323 session, testing multi-month resistance near $3.10 after weeks of sideways trading. <br \/>The move coincided with dovish commentary from Federal Reserve Chair Jerome Powell at Jackson Hole, which reinforced expectations of a September rate cut and lifted risk sentiment across digital assets. <br \/>On-chain settlement volumes on the XRP Ledger surged 500% earlier this week, adding to optimism around institutional adoption despite ongoing whale distribution.<\/p>\n<h2>Price Action Summary<\/h2>\n<p>\u2022 XRP gained 8.56% across the 23-hour session from August 22 at 11:00 to August 23 at 10:00, climbing from $2.83 to $3.03.<br \/>\u2022 The token swung between $2.79 and $3.10, creating an 11% intraday range.<br \/>\u2022 The breakout occurred at 14:00 UTC on August 22, with XRP surging from $2.84 to $3.03 on 667.4 million volume\u2014five times session averages.<br \/>\u2022 Late-session volatility capped the move, with XRP retreating 0.47% in the final hour to settle near $3.01.<br \/>\u2022 Support has consolidated around $2.97\u2013$3.00 while resistance remains firm at $3.08\u2013$3.10.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>\u2022 Breakout levels: $2.84\u2013$2.97 accumulation zone triggered upside impulse on high volume.<br \/>\u2022 Resistance: Strong supply pressure emerged at $3.08\u2013$3.10, rejecting further advance.<br \/>\u2022 Support: New floor forming at $2.97\u2013$3.00 psychological level, repeatedly defended intraday.<br \/>\u2022 Volume: Breakout candle logged 667.4 million trades, 72% above weekly average.<br \/>\u2022 Structure: Pattern resembles continuation setup if $3.00 holds, though fading volume late in the session suggests consolidation before next leg.<\/p>\n<h2>What Traders Are Watching<\/h2>\n<p>\u2022 Whether $3.00 support holds during profit-taking, or if a deeper retrace tests $2.95.<br \/>\u2022 Breakout confirmation above $3.08\u2013$3.10 zone, which could open path toward $3.25.<br \/>\u2022 Fed policy signals ahead of September meeting, and impact on risk asset flows.<br \/>\u2022 On-chain activity, which has surged to 844 million tokens settled in a single day, signaling enterprise adoption potential.<br \/>\u2022 Whale flows, as recent exchange deposits continue to weigh on intraday momentum.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>News Background XRP advanced sharply during the August 22\u201323 session, testing multi-month resistance near $3.10 after weeks of sideways trading. The move coincided with dovish commentary from Federal Reserve Chair Jerome Powell at Jackson Hole, which reinforced expectations of a September rate cut and lifted risk sentiment across digital assets. On-chain settlement volumes on the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43737","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43737"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43737\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}