Here is the current forecast for XRP (Ripple):
---$XRP
Forecast for today — August 20, 2025
Key support and resistance levels:
Support: around $2.78–$2.90, and even lower if sentiment worsens.
Resistance: in the range of $3.10–$3.20, with potential for a breakout that could open the way to higher levels, like $3.40–$3.66.
Market sentiment and technical factors:
Impact of 'whales': Selling by large holders (~460 million XRP) led to a drop of about 6%, causing weakening above the 50-day moving average.
Elliott Wave analysis suggests that the correction may be ending — a potential upward wave (Wave 3) could take XRP even to around $4–$7.
Other technical analyses indicate a possible rise towards $4.20–$5, although it is crucial to maintain support in the range of $2.52–$2.94.
There is also the prospect of technical formations such as 'bullish flag' or 'cup and handle', which may support upward movement.
Consolidation and external factors:
XRP remains in a sideways trend, consolidating between $2 and $3, with delays in SEC ETF decisions potentially affecting levels of fear and optimism.
The percentage presence of assets in profitable levels may prompt investors to continue taking profits.
---$XRP
Forecast summary for today
Element Current situation Possible direction
Price ~$2.90 Stabilization or moderate rebound
Key support ~$2.78–$2.90 Holding → potential upward movement
Key resistance ~$3.10–$3.20 A breakout could drive increases
Market sentiment Cautiously bullish Sensitivity to macro data and XRP ETF decisions
Risk factors Whale selling, technical resistances Possible corrections if support is not maintained
---#xrp
Guidelines for observers / investors
Monitor the reaction at $2.78–$2.90 — holding may signal strength for a rebound.
A breakout above $3.10–$3.20 with volume could open the way towards $3.40–$3.60.
Watch the movement on Bitcoin and Ethereum — they often dictate the movement of altcoins, including XRP.
Remember the high volatility of the cryptocurrency market — the risk of sudden movements always exists.