#Xrp🔥🔥
Analysis of XRP performance and potential trading areas as of today, August 6, 2025:
General Trend:
Short-term (Short - Medium)
Short-term technical indicators (such as RSI, MACD, Stoch) often show sell or neutral signals, indicating relative selling pressure.
Moving averages on medium time frames (MA10, MA50, EMA50…) often indicate a bearish trend unless strong breakouts occur.
Long-term trend
Recently broke the price path above the $3.00 area, turning it into an important psychological and technical support, opening the door to bullish possibilities in the coming months.
Cointelegraph forecasts suggest it may repeat a bullish pattern and attempt to reach $3.75–4.00.
Key support and resistance levels
Support (Potential Buying Areas)
≃ $3.00: A pivotal support level being tested since its last breakout.
$2.80–2.90: This area has been tested several times and showed good buying support.
$2.20–2.30: A strong medium-term support level, and breaking this range could trigger a shift to further decline at $2.00.
In case of a wider pullback, the price may go towards $2.03–2.10 or even $1.95–1.70 according to corrective scenarios.
Resistance (Potential Selling Areas)
$3.10–3.15: A resistance level that, once breached, may lead to testing $3.40 later.
$3.30–3.50: A medium-term target if it surpasses the $3.15–3.20 barrier.
