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XRP Price Watch: Technical Indicators Signal Accumulation Phase
$XRP traded at $3.24 as of Aug. 13, 2025, reflecting a 1.8% intraday increase. The asset maintained a daily range between $3.20 and $3.32, with a 24-hour trading volume of $9.64 billion and a total market capitalization of $193.41 billion.
On the 1-hour chart, XRP experienced a modest retracement following a peak at $3.32. The sharp upper wick on the hourly candle at this level, paired with a corresponding spike in red volume, indicated immediate selling pressure. Support was identified at $3.22, with potential for further retracement toward $3.18. While momentum appears temporarily exhausted, bullish continuation is possible only if XRP convincingly breaks above the $3.32 resistance.Zooming out to the 4-hour chart, XRP’s short-term price action displays a pattern of recovery from a recent downtrend. A bounce from the $3.01 area was followed by the formation of an ascending triangle pattern, bounded between $3.15 and $3.30. Multiple attempts to surpass the $3.30 level have failed, indicating a key resistance zone. A confirmed breakout above this threshold would likely signal bullish continuation, whereas a breakdown below $3.15 could suggest another test of the $3.00 support.
