Close Menu
    What's Hot

    Cracker Barrel’s mixed FQ4 results, soft sales guidance weighs on shares (CBRL:NASDAQ)

    September 17, 2025

    We’re Not Addicted to Our Phones, We’re Addicted to Escape

    September 17, 2025

    Bitcoin Price Prediction: Fed Cuts After Almost a Year – Is a 2020-Style Explosion Coming?

    September 17, 2025
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Crypto»XRP Price Prediction: Dips Below Key Support – Is a Deeper Correction Incoming for the Altcoin?
    Crypto

    XRP Price Prediction: Dips Below Key Support – Is a Deeper Correction Incoming for the Altcoin?

    Press RoomBy Press RoomAugust 3, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    XRP has dropped sharply after its run to $3.25 and is now raising concerns of a deeper correction. As of now, it’s at $2.89, down 2% in the last 24 hours. This is a significant shift from the bull run that propelled XRP to multi-year highs.

    The pullback follows heavy whale activity, most notably a $175 million transfer by Ripple co-founder Chris Larsen, according to recent blockchain data. This has sparked institutional repositioning or profit taking at the top.

    Chris Larsen, Ripple co-founder, sold nearly $200M $XRP in 10 days.

    Still buying?
    You might be his exit liquidity.

    He’s unloading heavy be cautious! pic.twitter.com/mCiBl8jRrZ

    — ManLy (@ManLyNFT) July 25, 2025

    Psychologically, the $3 level is a key battleground. XRP’s decline below this level has spooked bulls and opened the door for bears to take control. With market volatility increasing, traders are now looking to technicals for clues.

    XRP/USD Key Technicals Now in Focus

    On the technical front, XRP price prediction seems bearish as the 4-hour chart shows XRP trapped below a descending trendline and the 50-period SMA, which is at $3.08. These levels are now acting as resistance after the breakdown from $2.93.

    XRP/USD Price Chart – Source: Tradingview
    • Multiple bearish candles, including an engulfing pattern
    • RSI dipped into oversold (35.68) and bounced back to 40.16 (still below 50)
    • Price is testing the $2.93-$2.94 zone, which was former support turned resistance

    Unless XRP breaks above this zone with conviction, the bias is bearish. Watch for candlestick signals like a shooting star or bearish engulfing near resistance.

    XRP/USD – Another Leg Down?

    Short-term XRP can’t reclaim $3, so sellers are still in control. If price gets rejected again from $2.94-$3.08, the following support levels to watch are $2.73 and $2.61. These zones could be bounce opportunities, but only if momentum improves.

    #XRP Price Prediction:
    After sliding below $3, XRP is now testing the $2.93 resistance. Failure to reclaim this level could send price back to $2.73 or even $2.61.
    📉 Bearish engulfing + 50-SMA resistance at $3.08
    ⚠ Break above $3.10 flips bias bullish toward $3.32#XRP #Crypto pic.twitter.com/yhYelQcHRw

    — Arslan Ali (@forex_arslan) August 3, 2025

    Trade Setup (Short Term Bias):

    • Entry idea: Wait for rejection from $2.94
    • Stop loss: Just above $3.08
    • Targets: $2.73 and $2.61
    • Invalidation: A clean close above $3.10 flips the outlook bullish

    A break and hold above $3.08 would signal strength, potentially triggering a move toward $3.18 and $3.32.

    Bitcoin Hyper Presale Over $6.2M as Price Rise Nears

    Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 target. The token is priced at $0.0115, with the next price tier expected to be announced soon.

    Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

    The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

    The post XRP Price Prediction: Dips Below Key Support – Is a Deeper Correction Incoming for the Altcoin? appeared first on Cryptonews.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Bitcoin Price Prediction: Fed Cuts After Almost a Year – Is a 2020-Style Explosion Coming?

    September 17, 2025

    PepeNode Rips Past $1.2M in ICO – Only 24 Hours Left to Join the Funding Stage

    September 17, 2025

    Bonk Price Prediction: Solana Treasury Giant Backs BONK – Can BONK Become the Next $1 Meme Coin?

    September 17, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Cracker Barrel’s mixed FQ4 results, soft sales guidance weighs on shares (CBRL:NASDAQ)

    September 17, 2025

    We’re Not Addicted to Our Phones, We’re Addicted to Escape

    September 17, 2025

    Bitcoin Price Prediction: Fed Cuts After Almost a Year – Is a 2020-Style Explosion Coming?

    September 17, 2025

    West Coast states issue independent vaccine guidance

    September 17, 2025
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.