Overview of the current and potential future trend:
Current trend
- Current XRP price: $3.29
- Market capitalization: $178.51 billion
- Price change: -1.84% (as of the last update on August 8, 2025)
Technical analysis
- *Relative Strength Index (RSI):* Indicates an upward trend with an actual reading of 59.48, suggesting that bulls still have a point of strength.
- *Moving averages:* The trend is neutral in the one-week candle timeframe, as neither bullish nor bearish conditions are met based on the 50-x and 200-x MA relationship with the price.
- *MACD:* Indicates an upward trend in the one-week candle timeframe, where the MACD signal line moved above 50 periods and was positive for 50 periods.¹
Fundamental analysis
- *Supply and demand:* The price of XRP is significantly affected by supply and demand, and the increasing adoption of XRP can positively impact demand.
- *Difficult updates and splits:* Significant events such as protocol updates or hard forks can play a major role in the price of XRP.
- *Adoption by large institutions and political regulations:* Adoption by large institutions and political regulations can significantly impact the value of XRP.
