XRP giảm dưới 3 USD, chịu áp lực lớn, mức giá nào có thể đảo chiều?

XRP faced strong selling pressure at the end of July, with prices adjusting deep below the $3 mark and still having the risk of further declines as technical signals remain negative.

XRP has just recorded a significant decline due to a surge in selling pressure, clearly reflecting the current market trend, but there is still a valuation foundation to expect recovery potential in the long term.

MAIN CONTENT

  • XRP fell below the $3 mark after strong selling pressure, this level is now a significant resistance area.

  • Technical indicators show that the downward trend continues to dominate, the short-term trend remains negative.

  • The MVRV Z-Score valuation index shows that XRP still has room for long-term growth despite adjustments.

What is XRP?

XRP is a cryptocurrency developed by Ripple Labs, playing a crucial role in fast and cost-effective international payment networks.

Launched in 2012, XRP focuses on helping financial institutions conduct cross-border transactions quickly and at much lower costs compared to traditional systems. XRP is the native token in the RippleNet network, which connects banks and financial institutions globally.

In addition to the ability to transfer money quickly, XRP is also highly regarded for its liquidity and low transaction costs. This characteristic has helped XRP become a popular choice in international remittance services and DeFi solutions.

What significant price fluctuations did XRP experience at the end of July?

At the end of July, XRP faced very strong selling pressure after a period of rising above $3. The price corrected back below the $3 threshold – an important psychological level for the market.

According to data recorded until July 28, Bitcoin fell sharply by over 5%, causing the entire cryptocurrency market to adjust deeply. XRP was heavily affected, dropping 13.6% in just a few days, landing among the hardest-hit altcoins at that time. Widespread selling pressure increased as investors took profits around the $3 price area.

XRP plummeted significantly in value due to overwhelming selling pressure across exchanges at the end of July, reflecting a common market state after a rapid price increase.
Glassnode report, July 2025

After losing the $3 mark, this area now acts as a major resistance, making it challenging to return to an upward trend due to selling pressure and profit-taking.

What impact does the $3 region have on the current price trend of XRP?

Losing the $3 area has allowed the bears to dominate and has made this level a significant resistance for the XRP market.

The $3 peak, which was once a support for bulls in the early July rally, has now been completely broken, marking a short-term trend shift to bearish. Selling pressure around this price area has increased, posing significant challenges for XRP to rebound above $3 in the short term.

According to data from TradingView, the large trading volume concentrated around this area shows that most investors see this as a reasonable profit-taking point, causing buying pressure to be blocked by frequently occurring potential selling.

How does Bitcoin's volatility affect XRP's price trend?

The adjustment of Bitcoin has created a negative chain effect for most altcoins, especially XRP.

When Bitcoin dropped from $119,800, the entire cryptocurrency market immediately adjusted. XRP was the most heavily impacted, dropping 13.6%, more than twice the drop of Bitcoin. This indicates XRP's sensitivity to major fluctuations from the top cryptocurrency, strongly influenced by overall market sentiment.

When Bitcoin undergoes severe declines, altcoins like XRP often react more strongly and fluctuate with much wider ranges.
Expert commentary from Messari, 2024

This development shows that investors need to pay special attention to Bitcoin's volatility when trading XRP, while also being mindful of risk management due to this altcoin's high sensitivity to major changes in the overall market.

What do the technical signals on XRP's 12-hour chart reflect?

XRP's 12-hour technical chart still clearly shows the dominant downward trend controlling the market.

Important indicators such as accumulation/distribution (A/D) are trending downwards, indicating that selling pressure has continuously increased over the past week. The Awesome Oscillator indicator also records prevailing bearish momentum, completely contrasting with the rising phase at the beginning of July.

Signals from the Directional Movement Index (DMI) confirm that the market is in a strong downtrend, with both -DI and ADX above 20.
TradingView data, August 2025

In this context, the short-term recovery outlook is significantly limited. Investors should closely monitor the important support area at $2.6, where buying demand is expected to challenge the strength of the current selling trend.

Why is the $2.6 area expected to be an important support threshold?

The area around $2.6 is seen as a strong structural support level, converging many positive technical factors.

This is the area of intersection with the Fair Value Gap on the daily chart, coinciding with the previous price range established in the prior period, hence it is expected that strong buying capital will emerge if the price continues to adjust.

History shows that price areas converging with multiple layers of support like $2.6 often create momentum for reversal or help the market slow down its descent due to long-term buying capital waiting from large investors.

How has selling pressure on exchanges been in recent days?

Withdrawals and deposits of XRP to exchanges surged to record highs, peaking on July 23, reflecting that investors are actively moving tokens to take profits.

Glassnode data indicates that during this phase, the amount of XRP transferred to exchanges surged dramatically, coinciding with deep price drops. This is a common move after most investors have been in a profit state (over 90% of the supply is in profit).

The movement of many investors shifting XRP to exchanges for sale has created significant supply pressure, reinforcing a strong downward trend in the short term.
Glassnode Exchange Net Position report, July 2025

However, after this classic sell-off, statistics show that selling pressure has begun to ease, withdrawals to exchanges are gradually decreasing but the trend remains positive, indicating it is not completely over.

Could XRP drop further below $2.6?

Although selling pressure has eased, the risk of breaking through the $2.6 threshold still exists as the downward momentum is still completely dominant.

The key lies at the $2.6 support level: if large capital flows back in, this could be a short-term bottom. Conversely, if buying demand is weak and excess selling pressure persists, XRP could drop further to lower support areas such as $2.3 or $2 in a pessimistic scenario.

In periods of strong market correction, important support levels like $2.6 often play a crucial role in determining sentiment and price trends.
Comments from Ripple CEO – Brad Garlinghouse (Bloomberg, 2025)

Investors should closely monitor liquidity, trading volume, and price reactions at the $2.6 level to develop appropriate strategies, avoiding FOMO or panic actions during periods of strong volatility.

What does the MVRV Z-Score indicate about XRP's long-term valuation?

XRP's MVRV Z-Score is still far from historical peak valuation levels, indicating that this cryptocurrency is not truly overvalued.

MVRV Z-Score measures the gap between market value and actual value, helping to identify bubble phases or attractive accumulation opportunities. Although it rose sharply above $3 earlier, this index is still in a safe zone, not reflecting an extreme bubble state.

If the MVRV Z-Score remains low, the chance for XRP to have a long-term recovery is present, especially when the price tests back to foundational support like $2.6.
Glassnode report, August 2025

History has shown that when MVRV is low and the price approaches strong support levels, long-term investors often see this as a good time to accumulate in anticipation of a new growth cycle.

How does the current buying-selling strength compare to previous major corrections of XRP?

Current selling pressure is large but not overly extreme compared to previous significant XRP corrections. The Exchange Net Position index for 2025 shows higher withdrawals to exchanges, but the proportion of profitable tokens far exceeds previous deep decline cycles.

Statistics Peak Drop 2022 Adjustment 2025 % Supply in Profit 75% Over 90% Volume Deposited to Exchanges Average Very High MVRV Z-Score Approaching Peak Area Low, with room for growth

The comparison table shows that the likelihood of a bounce from the current support area ($2.6) is higher than previous corrections, thanks to a not overly high valuation and long-term capital still patiently waiting for a chance to return to the market.

Does XRP have long-term recovery potential?

Current valuation data along with the supply-demand foundation indicates that XRP still has recovery potential in the long term, despite strong volatility in the short term.

The MVRV Z-Score is below historical peak levels, with significant selling pressure showing signs of slowing down, while the $2.6 area serves as a foundation for new capital flows. The credibility of the Ripple network, along with a large base of institutional investors, is a crucial foundation to maintain the attraction for long-term capital.

Significant corrections of XRP often come with long-term accumulation opportunities, especially when valuations are still reasonable according to intrinsic indicators.
CoinMetrics Institutional, 2025

Therefore, investors looking towards the medium and long term can consider a strategy of accumulating XRP in parts when the price hits strong support areas to optimize profits for the next growth cycle.

What factors should be monitored to identify reversal points or confirm a new trend for XRP?

To identify potential reversal points or confirm a new trend, investors need to pay attention to the following:

  • Price movement at the $2.6 support level.

  • Buying/selling volume and the strength of capital flow across larger time frames.

  • Momentum indicators like DMI and Awesome Oscillator are starting to shift to neutral or bullish.

  • A clear reduction in selling pressure on exchanges.

  • Positive signals from the overall market, especially Bitcoin's volatility.

When the above factors align, the probability of growth reversal will be significantly higher, helping investors make decisions with optimal risk ratios.

What risks might XRP pose for investors at this stage?

The biggest risk is that the downward trend continues if the support at $2.6 is broken, along with the possibility of FUD or macro legal concerns affecting the entire market.

XRP is always one of the most news-sensitive altcoins, impacted by legal decisions or significant Bitcoin fluctuations. Investors can easily get caught up in ill-considered buy/sell points when FOMO or extreme panic sets in.

The lack of clearly defined reversal confirmation factors, combined with poor technical signals, means that all buying and selling decisions during this phase need to be made with strict risk management, setting flexible stop-losses, and avoiding all-in for a single scenario.

Frequently asked questions about XRP's price trend

What was the largest percentage drop in XRP's price over the past week?

XRP has dropped by as much as 13.6% since July 28, a deeper decline than the average of other altcoins due to strong selling pressure across the market.

What is XRP's strongest support area in the short term?

The $2.6 area is considered a critical support level due to the convergence of both technical and historical quantitative factors on the daily chart.

Can XRP drop below $2?

If $2.6 is breached and selling pressure remains, the price could very well test lower regions like $2.3 or $2.

What should investors do when the price approaches the $2.6 support level?

It is advisable to closely monitor price reactions, liquidity, and market momentum to make decisions to buy in parts, avoiding FOMO or uncontrolled sell-offs.

What does the MVRV Z-Score indicate about XRP's valuation?

When the MVRV Z-Score is low, XRP is not overvalued, often indicating long-term growth potential if significant buying capital returns.

What factor affects XRP the most?

Bitcoin price volatility, the overall trend of the cryptocurrency market, and legal decisions are the three main factors influencing XRP's price.

Does XRP have recovery potential next year?

With low valuation and strong institutional capital presence from RippleNet, XRP still has growth potential if the overall market stabilizes and reversal technical signals appear.

Source: https://tintucbitcoin.com/xrp-giam-sau-kha-nang-dao-chieu/

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