XRP Market Update (August 2025)
XRP has faced a sharp correction recently, dropping over 8% from its monthly high of $3.17 to around $2.94. Heavy trading volume and whale sell-offs contributed to the dip, while Ripple locked 700M XRP back into escrow to stabilize supply.
Global economic uncertainty and pending U.S. crypto regulations are adding pressure, but analysts remain hopeful. Some predict a rebound if XRP holds above $2.80, with targets as high as $4.50 in the coming weeks.
Key levels to watch:
Support: $2.80
Resistance: $3.05
📊 Are you buying the dip or waiting for more clarity?
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