XRP price has been under pressure again, trading around $2.87 after failing to build momentum above $3.30 earlier this month.
The downtrend that started in late July is still intact, and right now all eyes are on the $2.75 support zone to see if it holds.
Let’s break down today’s setup and see what could come next.
What you'll learn 👉
📅 What We Got Right Yesterday
In yesterday’s prediction, we pointed out that losing the $3.00 level could drag XRP price back toward $2.85. That’s exactly how it played out, with the token sliding under $3.00 and finding itself stuck near $2.87.
We also said that unless volume picked up, price would probably just chop between $2.85 and $3.10. That’s pretty much what we’ve seen, no big breakouts, no strong buying pressure, just sideways action.
📊 XRP Daily Overview (August 20)
- Current Price: $2.87
- 24h Change: -2.3%
- RSI (14): 41.46
- Volume: Low and drifting lower
The XRP chart has been pointing down for weeks. Every bounce keeps running into resistance, and sellers continue to push XRP price lower.
Right now, $2.74-$2.75 is the key support, while resistance sits at $3.18–$3.25, then $3.35, and eventually $3.66 if bulls ever regain strength.
🔍 What the XRP Chart Is Showing
The daily candles tell the story: lower highs, weak rebounds, and strong red bodies. Since topping near $3.66 in July, XRP price has slid into a descending channel, with buyers unable to flip momentum.
Volume is thin compared to July’s rally, which means bulls aren’t stepping in with much conviction. If $2.75 gives way, the next big test will likely be $2.50.
📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Signal |
| MACD (12,26) | 0.023 | Weak bullish hint |
| ADX (14) | 28.78 | Downtrend still strong |
| CCI (14) | -150.54 | Oversold pressure |
| RSI (14) | 41.46 | Bearish momentum |
| Ultimate Oscillator | 38.17 | Bears in control |
| Bull/Bear Power (13) | -0.21 | Bearish dominance |
Summary: Most of the indicators are indicating continued selling. The sole glimmer of hope is the MACD, displaying a very weak bullish divergence, but small nonetheless.
🔮 XRP Price Prediction Scenarios
Bullish:
If XRP price can hold its ground above $3.18–$3.25 on real volume, we could see a run towards $3.35, even as far as $3.55–$3.70.
Neutral:
If $2.75 holds up, then we can expect more choppy sidways action between $2.85 and $3.10 until traders commit one way or the other.
Read Also: Here’s Why XRP Price Didn’t Explode After the SEC Ended the Ripple Lawsuit
Bearish:
If XRP price falls below $2.75, support is $2.60, with $2.50 following close behind.
🧠 Final Take
XRP price is still in a downtrend, and the sellers are still in control. The big question now is whether $2.75 can hold.
For today, the most likely outcome is more sideways trading between $2.85 and $3.10, but a clear break on either side will set the next big move.
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