After momentarily reclaiming the $3.00 mark, XRP’s price has experienced a decline, dipping below $2.96. This shift comes as sellers emerged near significant clusters of exponential moving averages (EMAs) and the midline of a descending trend channel. The price dynamics reflect continued pressure after a confirmed Change of Character (CHoCH) on the daily chart, indicating a slight bearish tilt for the near term.
XRP Price Forecast Table: August 7, 2025
| Indicator/Zone | Level / Signal |
| XRP price today | $2.95 |
| Resistance 1 | $3.09 (trendline + weak high) |
| Resistance 2 | $3.40 (Fibonacci + pitchfork) |
| Support 1 | $2.91 (channel midline + VWAP) |
| Support 2 | $2.78 (Fibonacci + structure low) |
| Trend Channel (4H) | Bearish slope since late July |
| EMA Cluster (20/50/100/200, 4H) | Above price, acting as resistance |
| Supertrend (1D) | Bearish below $3.45 |
| Parabolic SAR (4H) | Flipped Bearish |
| VWAP (30-min) | $2.93–$2.95 (price under VWAP) |
| RSI (30-min) | 52.27 (neutral) |
| Spot Netflow (Aug 6) | +$2.49M (mild positive bias) |
| Futures Open Interest | $7.08B (down 4.8%) |
What’s Happening With XRP’s Price?
On the 4-hour chart, XRP’s price action is encapsulated within a descending parallel channel, a pattern that began forming in late July. This bearish configuration signals a struggle for upward momentum, as XRP has tested its lower boundary multiple times without a definitive break. Traders and analysts observe these price movements closely, given that the channel’s midline acts as a pivotal point of support and resistance.
Current market conditions reveal that the price continues to interact closely with significant indicators, such as the VWAP (Volume Weighted Average Price) and ROT (Relative Strength Index). As of the latest updates, the RSI maintains a neutral stance, suggesting that neither bulls nor bears have complete control over the price action at this moment. The slight uptick in spot netflows, although mild, provides a glimmer of positivity amidst bearish trends, hinting at potential accumulation.
The broader context of XRP’s price trajectory is influenced by a multitude of factors, including regulatory developments, market sentiment, and global financial trends. As crypto traders know well, the landscape can shift rapidly, creating compelling trading opportunities alongside unforeseen challenges.
This mix of technical indicators, alongside market news and events, plays a crucial role in shaping traders’ and investors’ strategies. The intersection of traditional charting techniques with on-chain analysis is increasingly popular, offering a more comprehensive view of potential future moves.
As XRP navigates the complexities of current markets, keeping an eye on key resistance and support zones will be crucial for predicting further price action. The battle at the $3.00 resistance level will be crucial, as it has previously served as both a psychological barrier and a technical pivot point. Strong moves above or below this level could provide valuable insights into XRP’s forthcoming trends.
For those invested or considering entry into the XRP market, monitoring these developments closely is essential. As always, exercising caution and conducting thorough research amid volatile conditions is advisable.
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