XRP price is hanging in there above key support after pulling back from its late July highs. The market’s been moving sideways, and traders are keeping an eye out for the next big push.
After topping $3.50 in mid-July, the price couldn’t push higher and is now hovering around $3.08.
Let’s break down what’s going on today.
What We Got Right Yesterday
In yesterday’s prediction, we said that breaking above $3.33 could send XRP toward $3.50 and $3.66, while slipping under $3.10 might bring a test of $3.00 and even $2.85–$2.80.
That’s pretty much how it played out. XRP price dipped to around $3.07 but stayed above $3.00. The $3.33 resistance is still untouched, and the price is stuck in that $2.90–$3.30 range.
We also mentioned that $2.80–$2.90 was the key support zone to watch, and buyers keep stepping in there every time the price pulls back.
XRP Daily Overview (August 15)
Current Price: $3.08
24h Change: -6.22%
RSI (14): 49.83 – Neutral
XRP price is still holding above its 200-day SMA and that big accumulation zone from $2.00–$2.50. But short-term resistance at $3.35–$3.50 is proving tough to crack.
What the XRP Chart Is Showing
The XRP chart shows a nice rounded bottom back in June, which led to that strong rally up to $3.50. Since then, the momentum’s cooled off, and the price is moving sideways.
Source: TradingView
Support at $2.80-$2.90 is still in place, but the sellers still keep popping up in the $3.33-$3.50 area. With XRP still above the 200-day SMA, the overall picture is still bullish, but the momentum is temporarily stalled.
Technical Indicators (Daily Timeframe)
Indicator Value Signal MACD (12,26) 0.1 Buy ADX (14) 24.20 Weak trend CCI (14) 27.64 Neutral RSI (14) 49.83 Neutral Ultimate Oscillator 37.71 Sell Bull/Bear Power (13) 0.0611 Buy
Summary: All indicators are in a mixed bag, some bullish signs, some showing momentum fading.
XRP Price Prediction Scenarios
Bullish:
A tidy breakout above $3.33 could set the way open to $3.50 and $3.66 and even $3.90–$4.00 if volume picks up.
Neutral:
XRP will just keep drifting sideways between $2.90 and $3.30 until something breaks us out.
Bearish:
Closing at less than $3.00 would reduce the price to $2.85–$2.80.
Read Also: XRP Rally Nears End as ‘Glorious Finale’ Approaches: Analysts Warn of Major Crash
Wrapping Up
XRP price is in a holding pattern right now, holding above strong support but still struggling to push past resistance. Watch $3.33 and $3.00 closely, because whichever one breaks first could decide the next move.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
The post XRP Price Prediction for Today (August 15) appeared first on CaptainAltcoin.
