XRP slipped 4.3% over the past 24 hours, retreating from a test of $3.02 resistance to trade near $2.89 in a volatile August 28–29 session.

The drop came amid distribution pressure, though buying support emerged at $2.85–$2.86, with volumes topping daily averages during the recovery. Late in the session, XRP briefly bounced to $2.91 on a 19.6M surge in trades.

Technical signals remain mixed. Resistance sits at $3.02, while momentum gauges such as RSI and MACD point to stabilization. Traders are monitoring whether a cup-and-handle setup can push prices toward $5–$13 if accumulation holds.