XRP/USD Technical Analysis & Trading Signals: Critical Inflection Point Ahead (August 4, 2025)
🔍 Current Market Snapshot
- Live Price: $2.99 USD (+3.97% 24h)
- 24h Range: $2.86 - $3.03
- Key Metrics:
- 7D Performance: -7.75%
- 1Y Performance: +450.97%
- Market Cap: $177.50B (#3 rank)
- 24h Volume: $5.56B
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📊 Technical Analysis: Multi-Timeframe Perspective
Daily Chart Structure
- Immediate Resistance: $3.03 (Today’s high)
- Major Resistance: $3.65 (1Y high)
- Support Levels:
- $2.86 (24h low)
- $2.75 (Weekly swing low)
- $2.20 (Psychological monthly support)
- RSI: Stabilizing near 40, suggesting weakening bearish momentum. A break above 40 could confirm reversal potential .
Volume & Momentum Indicators
- Recent dips show lower volume, raising questions about sustainability of bearish moves. True breakdowns require high-volume confirmation .
- Institutional demand is rising: $10.6M inflows into $XRP XRP ETPs last week signal growing appetite .