XRP/USDT Technical Analysis
Date: August 7, 2025
Current price: 3.0661 USDT
Change over 24 hours: Increased by approximately 4.36 percent
Price Overview
Highest price (24h): 3.0882
Lowest price (24h): 2.9312
Current price: Slightly below the 24-hour high
Last minimum before the rise: Approximately 2.9014
This indicates a strong upward movement in a short time.
Moving Averages
Moving averages show the direction of the trend.
Period Average Price Trend 7-hour average: 3.0315 → Current price above → Upward trend 25-hour average: 2.9985 → Also shows an upward trend 99-hour average: 2.9873 → Still below current price
Conclusion: The price is above all three averages. This means the market is currently positive (bullish).
Volume (Trading Activity)
Volume sharply increased in the last candles (green bars below)
This shows that buyers are active and strong
Support and Resistance
Support area: Approximately 2.9300 to 2.9000
Resistance area: Approximately 3.0882
(The price is close to this, so it may have difficulty rising higher if volume remains strong)
What traders can do
If you want to buy:
You may wait for the price to drop to 3.00 to 3.03
Or wait for the price to break above 3.0882 with strong trading volume
If you have already bought:
Hold and watch the level 3.0882
If it breaks above, the price may continue to rise
If the price starts to fall, the next support is close to 2.93
Final Thought
The chart shows strong buying pressure
XRP is in a short-term upward trend
Volume supports the movement
Be cautious near the level 3.09, as there may be resistance there.