The cryptocurrency market saw a mixed start to the week, with most coins experiencing declines. XRP, as of August 25th, has dipped around 2% since yesterday, according to CoinStats. Analyzing the hourly chart, the price of XRP appears near the local support level of $2.9209. A breakout could lead to further gains towards the $2.80-$2.85 zone. Longer-term charts indicate XRP is not yet close to significant resistance or support levels. However, traders should pay attention to the interim area around $3. Closing below this level might signal a further decline to the support of $2.7387. From a midterm perspective, XRP’s price appears closer to support than resistance. If bears maintain their pressure and the daily bar closes near the bottom, a test of the $2.50-$2.70 range is likely.