XRP Price Analysis Today: Bearish Signals Under $3

2025-08-21

Ripple’s XRP remains one of the most closely watched digital assets in the crypto market. After climbing to highs of $3.66 in July 2025, XRP has since retraced and now struggles below the critical $3.00 psychological barrier. Currently priced at $2.90, XRP is facing increasing selling pressure, raising concerns of a further breakdown.

Today’s analysis will explore XRP’s current price, technical outlook, market support and resistance levels, and the implications of trading under $3.00. Traders are particularly cautious, as technical indicators continue to flash bearish signals despite a longer-term bullish backdrop.

What is XRP?

XRP is the native cryptocurrency of the XRP Ledger (XRPL), an open-source blockchain developed by Ripple Labs. Unlike traditional proof-of-work systems, XRPL uses a consensus mechanism that allows for fast, low-cost transactions, making XRP popular in cross-border payments and liquidity solutions for financial institutions.

Over the years, XRP has attracted both retail traders and institutional players, given its dual appeal as a payment token and a speculative asset. However, its price remains highly volatile, often influenced by macroeconomic trends, legal battles, and broader crypto sentiment.

XRP Price Today: Market Overview

As of today, XRP is trading at $2.90, with a market capitalization of $172.77 billion and a 24-hour trading volume of $6.52 billion. Around 59.41 billion XRP tokens are circulating from a total supply close to 100 billion.

Recent market action shows XRP repeatedly failing to hold above $2.95 and $3.00. The asset trades below its 100-hourly Simple Moving Average (SMA), a signal that bearish momentum dominates the short-term trend.

Looking at historical context:

All-time high: $3.84 (January 2018)
Recent high: $3.66 (July 2025)
Current: $2.90
Historical low: $0.0028 (July 2014)

This indicates XRP remains nearly 23% below its recent peak, but far above early lows, highlighting both long-term growth and short-term volatility.

Why XRP is Struggling Under $3

Several factors are contributing to XRP’s inability to reclaim the $3.00 zone:

1. Technical Resistance at $2.9650 and $3.00

A bearish trend line has formed near $2.9650, creating persistent resistance. Multiple attempts to break this zone have failed, adding selling pressure.

2. Bearish Indicators (MACD & RSI)

MACD: Shows growing momentum in the bearish zone.
RSI: Sitting below 50, confirming sellers have the upper hand.

3. Support Levels at Risk

If XRP cannot defend $2.90, the next support levels are $2.85 and $2.82. A break below these could trigger a sharper decline toward $2.78 or $2.40.

4. Broader Market Sentiment

With Bitcoin consolidating and Ethereum facing resistance, altcoins like XRP are vulnerable to downside volatility. XRP tends to mirror BTC’s moves, magnifying its risk when the broader market weakens.

XRP Support and Resistance Levels

XRP Price Analysis Today- Bearish Signals Under $3 .png

For traders, support and resistance levels are crucial for navigating XRP’s next move.

Immediate Resistance: $2.9650
Key Resistance: $3.00
Extended Resistance: $3.05 – $3.12
Immediate Support: $2.90
Strong Support Zone: $2.85 – $2.82
Potential Downside Target: $2.78 – $2.40

If bulls defend the $2.82–$2.90 zone, XRP may attempt another breakout above $3.00. However, sustained rejection could push the price back into deeper correction territory.

Short-Term Bearish vs Long-Term Bullish Outlook

Interestingly, while short-term indicators point to weakness, longer-term signals remain constructive:

Golden Cross in Play: The 50-day moving average is above the 200-day moving average, a traditionally bullish indicator.
TD Sequential Buy Signal: On the 4-hour chart, this tool suggests a potential rebound if XRP clears key resistance levels.
Market Cycle Positioning: Despite bearish pressure today, XRP remains in a broader uptrend since early 2024, supported by rising institutional adoption of Ripple’s technology.

This contrast creates a mixed technical picture: traders must weigh immediate downside risks against longer-term bullish potential.

Will XRP Breakdown Below $3 Continue?

The battle around the $3.00 mark is more than just psychological, it represents a convergence of resistance and trend lines.

If XRP fails to break above $2.9650 – $3.00, the following scenarios are possible:

A decline toward $2.85, then $2.82.
A bearish continuation to $2.78 or even $2.40 if selling accelerates.

On the other hand, if bulls manage a clean breakout above $3.00:

XRP could target $3.05 and potentially $3.12.
A sustained rally may even re-test the July 2025 high of $3.66 in coming weeks.

Thus, $2.82 support and $3.00 resistance are decisive zones to watch for XRP’s next big move.

Buy XRP (XRP) Here

Conclusion

XRP’s price at $2.90 places it at a crossroads. Short-term signals highlight weakness, with resistance near $3.00 blocking upside momentum. Yet, longer-term bullish patterns such as the golden cross and TD Sequential buy signal suggest XRP may not be out of the fight.

Traders should carefully monitor $2.82 support and $2.9650–$3.00 resistance, as a breakout in either direction will define XRP’s trajectory in the coming days.

For those considering XRP exposure, staying updated with market signals and analysis on trusted platforms like CoinMarketCap and Bitrue is essential before making trading decisions.

FAQ

What is the current price of XRP?

XRP is trading around $2.90 with a market cap of about $172.77 billion and a daily volume of $6.52 billion.

Why is XRP struggling under $3?

Because of resistance at $2.9650–$3.00, combined with bearish MACD/RSI signals and broader market caution.

What are the key support and resistance levels?

Support: $2.90, $2.85, $2.82
Resistance: $2.9650, $3.00, $3.05–$3.12

Could XRP drop further from here?

Yes. A break below $2.82 may trigger a fall toward $2.78 or $2.40 if bearish momentum strengthens.

Is XRP bullish in the long term?

Yes, despite short-term bearishness, XRP’s golden cross and institutional adoption suggest a longer-term bullish trajectory.

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