XRP /USDT$
13 August 2025: XRP Market Overview & News Highlights
Technical Snapshot & Market Range
Price Zone: XRP is consolidating in a tight range between $3.0933 (support) and $3.1911 (resistance). Stability above the $3.10–$3.13 area could pave the way for renewed upside.
Key Levels:
Bullish trigger: A 4-hour close above $3.1911 may spark moves toward $3.2202, $3.3075, and possibly $3.3317.
Bearish risk: A dip below $3.0933 may open downside toward $3.0860 or $3.0067.
Momentum Indicators: Mixed signals—RSI (~41.6) and MFI (~31.6) show weak momentum, while VWAP suggests a symmetric triangle forming. A $12.77M inflow hints that larger players are quietly accumulating.
Market Sentiment & Price Movement
SEC Settlement Aftermath: The official end of Ripple’s legal dispute with the SEC triggered a 10% spike, with XRP briefly reaching $3.33–$3.35 before pulling back.
Volatile Reaction: Following the surge, XRP slipped about 2% to $3.14 due to institutional profit-taking amid heavy trading volume (~$12.4 billion).