$XRP At 1:30 PM Eastern Time, XRP was trading at $3.03 on August 24, 2025, with a market capitalization of $180 billion and a 24-hour trading volume of $3.36 billion.
The intraday price range fluctuated from $3 to $3.08, reflecting a narrow consolidation amid moderate volatility.
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On the 1-hour chart, XRP attempted a micro breakout to $3.089 but faced immediate rejection, followed by a drop to $2.997, establishing a higher low.
The price dynamics indicate an emerging short-term upward trend, currently fluctuating around $3.03.
However, the movement lacks strong bullish momentum, and trading volume is steadily declining.
This sentiment indicates that the market is likely awaiting a catalyst, and a confirmed breakout above $3.06 to $3.09 with increased volume would give a more convincing bullish signal.
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The 4-hour chart depicts a picture of consolidation after a sharp jump up to $3.106 from a reversal point at $2.783.
This increase was likely triggered by the closing of short positions or a news catalyst, as suggested by the accompanying spike in volume.
Since then, XRP has been moving sideways between $3.00 and $3.05, forming a structure that could become a bullish flag.
A breakout above $3.11 on strong volume will target the resistance level of $3.30-$3.40. Conversely, a drop below $2.98 will nullify the bullish sentiment and change the short-term outlook to bearish.
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From a broader perspective, the daily chart shows a continuing macro downward trend, with a series of lower highs and lows.
The maximum and minimum during this period were $3.65 and $2.728, respectively, with current prices consolidating between $3.00 and $3.10.
The failed bullish breakout above $3.30 earlier in the trend further confirms weak bullish confidence.
Notably, trading volume remains subdued, except for significant red candles, indicating limited buyer interest. To change the daily outlook from bearish to neutral or bullish, a close above $3.30 accompanied by strong volume is necessary.
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Bullish verdict:
If XRP breaks through resistance at $3.11 on strong volume, the short-term outlook will turn bullish, potentially targeting the $3.30-$3.40 zone.
Support from medium-term and long-term moving averages reinforces the continuation of the upward trajectory with strengthening buying momentum.
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Bearish verdict:
Failure to hold above $3.00, especially a breakout below $2.98, will nullify bullish setups and likely trigger a short-term downward trend. The macro downward trend, weak volume on upward movements, and sell signals from medium-term moving averages will amplify bearish continuation towards the support zone of $2.80.
