### XRP Price Prediction for Today (August 1)
XRP is consolidating after its explosive July rally, holding just above the critical $3.00 support level. Currently trading around $3.04, the price remains in a tight range, with neither bulls nor bears taking full control.
#### Key Levels to Watch:
- Support: $3.00 (psychological & structural support)
- Resistance: $3.30–$3.50 (previous highs)
- Breakout Scenario: A clear move above $3.30 could reignite bullish momentum, targeting $3.60 and beyond.
- Breakdown Risk: If $3.00 fails, a drop toward $2.80–$2.60 becomes likely.
#### Technical Outlook:
- RSI (Daily): Neutral (~50), suggesting neither overbought nor oversold conditions.
- Volume: Moderate, indicating a lack of strong conviction in either direction.
- Moving Averages: The 100-day MA ($2.44) remains a key long-term support if a deeper correction occurs.
#### Short-Term Prediction:
- Bullish Case (60%): If Bitcoin and the broader crypto market stabilize, XRP could retest $3.30–$3.50 in the next 24–48 hours.
- Bearish Case (40%): A rejection at $3.10–$3.20 could lead to a retest of $3.00, with a breakdown opening the door to $2.80.
#### Final Verdict:
XRP is in a wait-and-see mode, with the $3.00–$3.30 range dictating the next major move. Traders should watch for a breakout or breakdown with confirmation from volume.
Expected Trading Range for Today: $2.95 – $3.25