The post XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark appeared on BitcoinEthereumNews.com. XRP saw aggressive swings before an abrupt halt capped the session, leaving traders to debate whether institutional flows or technical glitches drove the erratic pattern. The token moved in a 5% range before trading froze at the $3.00 mark. News Background • XRP gained as much as 5% from $2.97 to $3.10 during the August 18–19 session before sliding back toward $3.00.• The final 60 minutes showed heavy activity — price moved between $3.01 and $2.99 — before freezing completely at 08:19 with zero volume recorded.• The abrupt halt raised speculation of technical disruption or liquidity vacuum in major trading venues.• Volumes peaked at 3.26 million in a single minute (08:00–08:01), consistent with institutional order flow or algorithmic triggers. Price Action Summary • Session range of $0.15 represented a 5% spread between $2.95 lows and $3.10 highs.• Early momentum pushed XRP up 4.4% to $3.10 before sellers capped upside.• Consolidation dragged price back toward $3.00 support in the second half.• Late-session freeze at $3.00 effectively ended trading, sparking trader concerns. Technical Analysis • Support: $3.00 psychological level, defended multiple times despite volatility.• Resistance: $3.08–$3.10 zone, where upside was rejected repeatedly.• Volume surge to 3.26 million signals institutional/algo participation at key inflection points.• Zero volume print at 08:19–08:20 confirms structural abnormality — either exchange-level glitch or liquidity drought.• Broader pattern: $0.15 consolidation range now defines immediate short-term trading band. What Traders Are Watching • Whether the freeze was a technical fault or genuine liquidity disappearance — implications differ for institutional trust.• Next test of $3.00 support: failure risks a break toward $2.95.• Potential breakout trigger remains at $3.10 — a breach would open path to $3.25–$3.30.• Whales’ positioning in the high-volume spike will dictate near-term sentiment. Source: https://www.coindesk.com/markets/2025/08/19/xrp-spikes-then-stalls-as-traders-face-decisive-usd3-markThe post XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark appeared on BitcoinEthereumNews.com. XRP saw aggressive swings before an abrupt halt capped the session, leaving traders to debate whether institutional flows or technical glitches drove the erratic pattern. The token moved in a 5% range before trading froze at the $3.00 mark. News Background • XRP gained as much as 5% from $2.97 to $3.10 during the August 18–19 session before sliding back toward $3.00.• The final 60 minutes showed heavy activity — price moved between $3.01 and $2.99 — before freezing completely at 08:19 with zero volume recorded.• The abrupt halt raised speculation of technical disruption or liquidity vacuum in major trading venues.• Volumes peaked at 3.26 million in a single minute (08:00–08:01), consistent with institutional order flow or algorithmic triggers. Price Action Summary • Session range of $0.15 represented a 5% spread between $2.95 lows and $3.10 highs.• Early momentum pushed XRP up 4.4% to $3.10 before sellers capped upside.• Consolidation dragged price back toward $3.00 support in the second half.• Late-session freeze at $3.00 effectively ended trading, sparking trader concerns. Technical Analysis • Support: $3.00 psychological level, defended multiple times despite volatility.• Resistance: $3.08–$3.10 zone, where upside was rejected repeatedly.• Volume surge to 3.26 million signals institutional/algo participation at key inflection points.• Zero volume print at 08:19–08:20 confirms structural abnormality — either exchange-level glitch or liquidity drought.• Broader pattern: $0.15 consolidation range now defines immediate short-term trading band. What Traders Are Watching • Whether the freeze was a technical fault or genuine liquidity disappearance — implications differ for institutional trust.• Next test of $3.00 support: failure risks a break toward $2.95.• Potential breakout trigger remains at $3.10 — a breach would open path to $3.25–$3.30.• Whales’ positioning in the high-volume spike will dictate near-term sentiment. Source: https://www.coindesk.com/markets/2025/08/19/xrp-spikes-then-stalls-as-traders-face-decisive-usd3-mark