After a volatile drop earlier in the session, XRP price has stabilized around $3.12, rebounding off the 200 EMA on the 4-hour chart. The move comes after sellers rejected price near $3.32, a zone aligning with the 0.618 Fibonacci retracement, triggering a corrective leg toward key support. With spot inflows turning positive, traders are watching for signs of a short-term reversal.
XRP Price Forecast Table: August 16, 2025
Indicator/Zone | Level / Signal |
XRP price today | $3.12 |
Resistance 1 | $3.20–$3.21 (EMA/Mid-BB) |
Resistance 2 | $3.32 (Fib 0.618) |
Support 1 | $3.04 (200 EMA, 4H) |
Support 2 | $2.93 (Fib confluence) |
RSI (4H) | 52.0 (recovering) |
MACD (30-min) | Attempting bullish crossover |
Bollinger Bands (4H) | Contracting, reduced volatility |
VWAP (30-min) | $3.11 (slightly bullish) |
Spot Netflow (24H) | +$10.61M (buying pressure) |
Key Liquidity Levels (Daily) | $3.47–$3.68 (weak-high zone) |
What’s Happening With XRP’s Price?
On the 4-hour chart, XRP recently failed to sustain above the $3.32 resistance level, which corresponds with the 61.8% Fibonacci retracement of its recent swing. The rejection sparked a decline to $3.04, where the 200 EMA provided structural support. Price has since recovered modestly but remains capped by the 20 and 50 EMA cluster between $3.17 and $3.18.
Bollinger Bands on the 4-hour timeframe are narrowing after the decline, signaling reduced volatility. The mid-band sits near $3.20, now acting as short-term resistance. On the daily chart, Smart Money Concepts show XRP holding above the last break-of-structure level near $3.00, keeping the broader uptrend intact despite near-term weakness.
Why Is The XRP Price Going Down Today?
Why XRP price going down today can be traced to a confluence of overhead technical barriers and a shift in short-term momentum. The drop from $3.32 came as price met the upper boundary of the Bollinger Bands while RSI on the 30-minute chart peaked above 68. This overbought reading coincided with sellers defending the 0.618 Fibonacci level, forcing a retracement.
VWAP analysis on the 30-minute chart shows price trading slightly above the session VWAP at $3.11 after reclaiming it during the rebound, suggesting intraday buyers are attempting to absorb selling pressure. Spot inflow/outflow data also shows a $10.61 million net inflow over the past 24 hours, hinting at renewed buying interest after the dip.
Key Price Levels And Indicator Signals
From a technical standpoint, XRP is sandwiched between immediate support at $3.04 (200 EMA, 4H) and resistance at $3.20–$3.21 (mid-Bollinger and EMA confluence). The RSI on the 4-hour chart is near 52, recovering from oversold territory, while MACD on lower timeframes is attempting a bullish crossover.
The daily chart’s liquidity map highlights a major weak-high resistance zone between $3.47 and $3.68, with intermediate supply around $3.32. For bulls, clearing $3.20 with momentum could open a retest of $3.26–$3.32. Failure to hold $3.04 risks a drop toward $2.93, where prior liquidity and Fibonacci support converge.
XRP Price Prediction: Short-Term Outlook (24H)
The next 24 hours will likely hinge on whether XRP can close above the $3.18–$3.20 EMA cluster. A bullish breakout from this zone could target $3.26, followed by $3.32, where sellers last regained control. Beyond that, the 0.786 Fibonacci level at $3.47 is the next upside objective.
On the downside, losing $3.10 could trigger a retest of $3.04, with deeper support at $2.93 if selling accelerates. Given the positive net inflow and recovering RSI, the bias leans cautiously bullish, but overhead supply remains a significant obstacle.
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