XRP price faces 'full pump retrace,' if $2.65 support fails

Key takeaways:

• After dropping 19% in three weeks, XRP faces strong resistance at $3.10-$3.00, with key support at $2.65.
• Whales have offloaded over 640 million XRP tokens since July 9.
• $2.65 aligns with the quarterly VWAP and 0.50 Fibonacci retracement: a drop below could undo the Q3 rally.

XRP 

XRP

$2.99

is undergoing a sharp correction after rallying to a yearly high of $3.65 on July 18. Since then, it’s down nearly 19%, struggling to reclaim the $3.10–$3.00 resistance zone.On Saturday, prices briefly dipped to a key support range between $2.66 and $2.80 before bouncing back on Sunday, forming a higher low.