The recent price of XRP has fluctuated significantly, dropping nearly 9% from its all-time high to below $3.
Technical analysis indicates that XRP may continue to drop to the $2.65 range before having a chance to break out again, while price levels above $3 signal positive recovery signs.
MAIN CONTENT
XRP could drop to $2.65 if it loses the $2.90 level on the 4-hour frame.
Strong recovery potential if it surpasses levels of $3.13, $3.20, and especially $3.45.
Increased trading volume and positive signals from the market support expectations for XRP's breakout.
Can XRP drop to a price of $2.65?
On August 18, XRP rose from $2.97 to $3.10 when trading volume reached 131 million, indicating strong buying power. However, the price quickly dropped from $3.04 to $2.99 afterwards.
Analyst Egrag indicates that the important threshold to watch is $2.90 on the 4-hour chart. If it closes below this level with a strong red candle, the wave structure 5 could complete, signaling the possibility of XRP continuing to decline further to $2.65, the next potential support level.
"If XRP does not hold above $2.90, it is likely to drop to the $2.65 area, creating significant selling pressure."
Egrag Crypto, technical analyst, August 2025
Egrag's analysis is reinforced by expert Ali Martinez, who warns that if XRP does not stay above $3.30, a downward trend to $2.60 could happen.
What is the path for XRP to reach a price of $3.65?
Along with the risk of a price drop, the technical chart also shows a clear recovery trajectory. XRP regaining the $3 level is seen as a sign of market strength returning.
The levels of $3.13 and $3.20 are seen as checkpoints to confirm the upward momentum. If the price surpasses the $3.45 threshold, the likelihood of moving towards $3.65 and even reaching a new peak is very high according to Egrag's analysis.
"Technical analysis is about understanding and adjusting to market signals. Maintaining the macro picture helps investors not miss important opportunities."
Egrag Crypto, statement on Twitter, August 2025
What does the current market activity indicate?
The trading volume of XRP has surpassed the moving average, indicating an increase in activity from traders. This suggests that the market is preparing for a significant move, either up or down.
In addition, positive news about the potential approval of the ETF fund related to XRP could provide further upward momentum, pushing this token to higher levels in the near future.
Frequently Asked Questions
How low could XRP drop in this correction?
XRP could drop to around $2.65 if it fails to maintain the $2.90 level on the 4-hour chart according to current technical analysis.
What does the technical chart say about XRP's potential price increase?
If XRP surpasses the levels of $3.13, $3.20, and especially $3.45, this is a confirmation of a strong upward trend and could lead to $3.65 or higher.
How does trading volume affect the price of XRP?
A significant increase in trading volume indicates interest and active trading, often signaling that a major price move is about to occur, either up or down.
How does information about the XRP ETF fund impact the market?
News about the potential approval of the ETF fund related to XRP often has a positive effect, driving prices up due to increased market confidence.
What important price levels should be monitored to assess XRP's trend?
The levels of $2.90, $3.00, $3.13, $3.20, and $3.45 are important thresholds to pay attention to in directing the short-term and medium-term price trend of XRP.
Source: https://tintucbitcoin.com/xrp-co-the-giam-ve-265-usd/
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