XRP (XRP) Price Prediction for August 8

After multiple days of sideways action, XRP price has started to shift upward again, reclaiming the $3.05 mark in early August trading. Price structure on the 4-hour chart is pressing against the upper trendline of a symmetrical triangle, suggesting a potential volatility breakout. Traders are closely watching if buyers can push past the $3.12–$3.18 zone to confirm a trend continuation.

XRP Price Forecast Table: August 8, 2025

What’s Happening With XRP’s Price?

The 4-hour chart shows XRP price action coiling inside a symmetrical triangle since topping out near $3.75 in late July. Price has now tested the triangle resistance for a third time and is trading near $3.05. A clear breakout above $3.12 could signal a fresh bullish leg targeting the next liquidity pocket near $3.38.

Momentum has picked up modestly. The Bollinger Bands are beginning to widen, and XRP has crossed back above its 20 and 50 EMA cluster around $2.98–$3.03. A successful hold above this zone sets the stage for a potential breakout move toward previous highs.

Why Is The XRP Price Going Up Today?

The recent rebound in XRP price today is supported by both technical structure and capital inflow. The Smart Money chart reveals a bullish break-of-structure (BOS) followed by a clean mitigation of the $2.88 order block. Buyers defended this level firmly, and price has since printed a higher low while moving back above the $3.00 psychological barrier.

On-chain spot flow data shows a net inflow of $16.72 million on August 7, indicating renewed capital interest. This shift comes after weeks of sustained outflows, adding weight to the current bullish reaction. The positive netflow, coupled with bullish structure reclaim, signals strong interest in XRP’s short-term upside.

Bollinger Bands, EMAs, and Supertrend Support XRP Upside

The 4-hour Bollinger Bands show signs of volatility expansion. Price is currently trading just below the upper band at $3.08. If XRP closes above this level, we could see a continuation toward the $3.20 region. The EMA ribbon (20/50/100/200) is now stacked below price, with the 200 EMA holding firm at $2.93, offering a strong dynamic base.

Additionally, the Supertrend indicator has flipped bullish at $2.86, reinforcing the upside bias. This comes just as the Directional Movement Index shows ADX ticking higher and +DI leading, hinting at strengthening trend momentum.

XRP Price Prediction: Short-Term Outlook (24H)

The breakout from the symmetrical triangle remains the key catalyst. A confirmed move above $3.12 with volume could lift XRP price toward $3.34 followed by the July peak at $3.58. A daily close above $3.15 would also clear the 0.786 Fibonacci level ($3.01) and strengthen macro bullish conviction.

If bulls fail to hold $3.00, downside support remains between $2.88 and $2.93 — an area that includes the 200 EMA, lower Bollinger Band, and the Smart Money mitigation zone.

With volume returning, technicals aligning, and net inflows turning positive, XRP price today looks poised for a potential breakout. However, confirmation through candle close and momentum follow-through is essential to avoid another false breakout from triangle resistance.