XRP price is hanging in there after its recent pullback, but the pressure hasn’t gone away. The token is trading around $2.97, sitting right above its rising trendline support near $2.80.
Earlier this month, XRP topped out just under $3.90 before sliding lower. Since then, it’s been moving in a choppy range, avoiding a full breakdown but struggling to break back into bullish territory.
Let’s break down today’s setup.
What you'll learn 👉
📅 What We Got Right Yesterday
In yesterday’s prediction, we pointed out how $2.75 was the level to watch. As long as it held, XRP price was likely to keep moving sideways between $2.85 and $3.10.
That’s exactly how things played out. XRP bounced off the $2.80 area and managed to stay afloat just under $3. Bulls are clearly protecting that ascending trendline that’s been in place since June.
We also said that only a strong move above $3.18–$3.25 would shift momentum back to the bulls. That still hasn’t happened.
📊 XRP Daily Overview (August 21)
- Current price: $2.97
- 24h Change: +3.92%
- RSI (14): 46.26
XRP price remains above its rising trendline from June but is capped below $3.20 resistance. Price action shows hesitation, with long upper wicks signaling selling pressure. A decisive move above $3.20 is needed for renewed upside momentum.
🔍 What the XRP Chart Shows
The XRP chart tells the story of a correction, but not a collapse. XRP keeps bouncing off the $2.80 trendline, proving that buyers still see it as a key level.
Support sits at $2.75-$2.80, with a bigger safety net around $2.60-$2.50. On the flip side, XRP price needs to clear $3.20 before it can even think about retesting $3.50 or higher.
Candles show sellers are still active, with plenty of upper wicks. But yesterday’s bounce shows bulls aren’t giving up yet.
📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Signal |
| RSI (14) | 46.2 | Neutral |
| MACD (12,26) | 0.008 | Buy signal |
| ADX (14) | 28.5 | Weakening trend |
| CCI (14) | -151.8 | Oversold |
| Ultimate Oscillator | 42.1 | Bearish lean |
| Bull/Bear Power (13) | -0.31 | Bearish pressure |
Summary: Indicators remain mixed, but the balance favors bearish pressure. Only MACD shows a bullish setup, while most momentum tools suggest sellers are still stronger.
📈 XRP Price Scenarios
Bullish:
If XRP price gets back above $3.18–$3.25 with volume, we could see a run toward $3.35 and maybe even $3.55–$3.70.
Neutral:
If $2.75 holds, expect more sideways chop between $2.85 and $3.10.
Bearish:
Lose $2.75 and XRP price likely drops to $2.60, with $2.45-$2.50 waiting below.
🧠 Final Take
XRP price is sitting at a make-or-break level. The trendline is still intact, but momentum is fading.
Traders are watching the $2.80 zone closely, hold it, and a bounce could follow. Lose it, and things could turn rough heading into September.
Read Also: Analyst Says This XRP News (Almost) Made Him Go All In on Ripple’s Token
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