Skip to main content

XRP Price Analysis – August 7, 2025

XRP has been showing strong signs of bullish momentum today, currently trading around $3.08

XRP Chart (Source Coingecko)

One of the key signals supporting this positive outlook is XRP moving above the 50-period EMA on the 4-hour chart — often seen by traders as a confirmation of short-term strength.

Beyond that, two major indicators — the Relative Strength Index (RSI) and MACD (Moving Average Convergence Divergence) — are also flashing bullish. Both show increasing momentum, suggesting that buying pressure is gradually building.

What’s next?

If XRP manages to break above the current resistance level at $3.10, we could see the price head toward the $3.20 zone in the near term. This level could become the next area of interest for traders watching the ongoing momentum.

Final Thoughts
The overall sentiment for XRP looks promising right now. Traders should keep a close eye on the $3.10 level. A clean break above it could open the door for further gains.

👉 As always, manage your risk and trade wisely.


Looking for reliable Crypto & Forex signals?

Join my Telegram channel now for daily updates & setups.

Link: https://t.me/bwtinternational

Comments

Popular post

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.