After a period of volatility, XRP's price stabilized around $2.92 today, having previously dropped to $2.85 and then quickly rebounding. Sellers continue to limit price gains around $3.05, and as volatility decreases, the wedge pattern is gradually narrowing. On August 26, there was a small net inflow of $20.9 million in spot trading, indicating that despite the overall market weakness, buyers are cautiously entering on dips.

What is the price of XRP?

On the 4-hour chart, XRP continues to trade within a descending channel, with the price currently in the mid-range between the support level of $2.85 and the resistance level of $3.05. The Bollinger Bands remain wide, with the price leaning towards the lower half of the bands, indicating pressure on the price, but there is still room for a rebound if liquidity increases. The balanced trading volume stabilizes around $3.23 billion, and although there has been a recent decline, there is no significant outflow of funds.

The volume curve shows activity near $2.66; if the current price drops below this level, it will still be a strong accumulation base. The daily Fibonacci retracement highlights $3.08 (0.382) as the key upward resistance level, while $2.95 (0.236) serves as a short-term pivot. Before the price eventually settles above $3.20 (Fibonacci 0.5 level and triangle resistance), XRP is likely to remain in a compression mode.

Why did XRP's price drop today?

The reason for today's XRP price drop is its continued resistance in the range of $3.05 to $3.10, where the dynamic resistance level coincides with the EMA cluster. The 20/50/100 EMA on the 4-hour chart is bearish between $2.96 and $3.02, setting a ceiling for short-term rebounds.

The Super Trend indicator also remains bearish, with the reversal point set at $3.05. The Directional Movement Index shows -DI leading, but ADX is weakening, indicating that as prices decline further, trend strength is diminishing. RSI is recovering from oversold levels but remains near neutral, while MACD momentum is still weak, hovering around the zero axis.

Nonetheless, the net inflow in spot trading on August 26 turned positive, indicating that market participants did not take advantage of this pullback to sell off aggressively. Instead, the market is absorbing some funds, which may support the bottom near $2.85.

XRP price trend suggests an impending breakout

The daily symmetrical triangle pattern indicates that XRP is approaching a breakout phase. A closing price above $3.08 may trigger upward momentum towards $3.20 and $3.30, while a drop below $2.85 could accelerate a decline to $2.66 or even $2.33, which aligns with XRP's high trading volume nodes.

The Bollinger Bands on the daily chart are tightening, increasing the likelihood of expanded volatility in the next few trading days. Traders should closely watch the compression range between $2.85 and $3.05 for directional clues.

XRP Price Prediction: Short-term Outlook (24 hours)

On August 27, XRP's price may still hover between the support level of $2.85 and the resistance level of $3.05. If it breaks through $3.05, market focus will shift to $3.20 and $3.30; if it fails to hold above $2.85, it may open the door to $2.66 or even $2.33. With accumulation signals gradually strengthening, but momentum still weak, the next 24 hours will be crucial for XRP's trend.

XRP Price Prediction Table: August 27, 2025

Indicators/Areas

Level/Signal

Today's XRP Price

$2.92

Resistance 1

$3.05

Resistance 2

$3.20

Support 1

$2.85

Support 2

$2.66

EMA Cluster (4H)

Bearish, accumulating $2.96–$3.02

RSI (4 hours)

Neutral, ~47

MACD (4 hours)

Close to zero, weak momentum

Bollinger Bands (1D)

Tightening policy and expanding volatility

Super Trend (4H)

Bearish below $3.05

Spot Netflow (August 26)

+$20.99 million (slight accumulation)