XRP Rallies to $3.10, Freezes at $3.00 amid Volume Surge
XRP climbed sharply during the Aug. 18–19 session, briefly hitting about $3.10 before activity abruptly halted at the $3.00 mark, where trading showed a zero-volume print at 08:19 — a halt that left traders debating whether the stoppage reflected an exchange glitch or a sudden liquidity vacuum.
The token’s intraday range measured roughly $0.15 (about 5%), with a pronounced one-minute volume spike of roughly 3.26 million that points to concentrated institutional or algorithmic orders around key inflection points. Yet the later freeze, recorded as zero volume, is the oddity prompting questions about market structure and venue reliability.
From a technical standpoint, $3.00 has emerged as immediate psychological support, repeatedly defended through the swings, while the $3.08–$3.10 zone acted as short-term resistance where buyers were capped. A decisive break above $3.10 could open a path toward roughly $3.25–$3.30, whereas a failure of the $3.00 floor risks a retreat toward $2.95. Traders are watching whether the freeze was a genuine liquidity drought or a technical fault, and how large orders that fueled the volume spike are positioned will likely shape near-term sentiment.
