$XRP The information presented in this analysis is based on data relevant to mid-August 2025. Cryptocurrency prices are extremely volatile and can change rapidly. This analysis is not financial advice.
=========
Brief overview
At the moment, XRP shows signs of bullish momentum, breaking through key resistance levels and holding above important moving averages. However, in the short term, there is some correction, indicating a struggle between bulls and bears.
==========
Key technical indicators
* Current price:
$3.15 - $3.20 (as of mid-August 2025).
* Movement over the last 24 hours:
Slight decline, but overall the price remains in a sideways movement after a recent rise.
* Support:
Key support levels are around $3.08, $3.12, and $2.99. Holding the price above these levels is critical for maintaining the bullish trend. The 50-day moving average (EMA) at $2.81 is a strong support.
* Resistance:
The nearest resistance levels are in the range of $3.22 - $3.25 and $3.30 - $3.42. Overcoming these levels with strong volume could pave the way for new highs.
=========
* Indicators:
* RSI (Relative Strength Index):
Below 50 on the hourly chart, indicating bearish momentum in the short term.
* MACD (Moving Average Convergence Divergence):
Gaining momentum in the bearish zone, which also indicates a possible decline in the near future.
* Trading volume:
Trading volume has increased, outpacing the broader market despite the recent price decline. This may indicate sustained investor interest, who may be 'buying the dips.'
=========
Short-term and medium-term forecast
* Bullish scenario:
If XRP can hold above key support levels and break resistance around $3.30, this could trigger a new upward movement. Experts predict that under such a scenario, XRP could reach $3.65 by the end of August and even set a new historical maximum around $4.50.
=======
* Bearish scenario:
If XRP fails to hold the support level of $3.08, further correction to $2.99 and even $2.80, where the 50-day EMA is located, could occur. Holding below this level may indicate a trend shift to bearish.
=========
Factors affecting the price
In addition to technical indicators, fundamental factors also influence the price of XRP:
* Lawsuit with SEC:
Further developments in the lawsuit with the U.S. Securities and Exchange Commission remain a key factor. Positive news could lead to significant growth.
* Overall market sentiment:
The overall sentiment in the cryptocurrency market, especially the price dynamics of Bitcoin (BTC), has a strong influence on XRP.
* Institutional interest:
Growing interest from major institutional investors and possible approval of an ETF for XRP could act as a catalyst for growth.
==========
Conclusion
From a technical perspective, XRP is at a critical stage. The presence of strong support levels and a recent breakout of the trend channel suggests further growth.
However, the short-term correction and bearish signals from some indicators require caution. Investors and traders should closely monitor key support and resistance levels, as well as news related to the Ripple lawsuit.
