After a strong mid-July rally, XRP price today is stabilizing near $3.14. Price action is forming a symmetrical triangle, with the structure nearing its apex. Buyers are defending the $3.00 support while sellers cap upside near $3.20. A decisive breakout may shape the next short-term trend.
What’s Happening With XRP’s Price?
On the 4-hour chart, XRP price is forming higher lows and lower highs, converging into a symmetrical triangle. Price remains above the $3.00 support level, while resistance remains near $3.20. This setup reflects ongoing indecision between bulls and bears, with momentum building ahead of a breakout attempt.
The OBV line remains steady above 3.5 billion, suggesting no major capital outflows despite reduced volatility. The daily structure shows XRP trading above the prior breakout zone near $2.91, keeping its broader bullish bias intact.
Why Is XRP Price Going Down Today?
Why XRP price going down today relates to short-term exhaustion after repeated rejections near $3.20 and cooling interest from traders. Derivatives data shows a 3.7 percent drop in open interest to $8.58 billion, while daily trading volume fell over 26 percent. These declines reflect hesitation among market participants as the triangle compresses.
Despite the dip in activity, long/short ratios remain skewed in favor of bulls. Binance accounts show a 2.79 ratio, and top traders lean even further at 3.13. This suggests that while volume has declined, directional sentiment remains constructive.
On the 30-minute chart, RSI is holding around 54.6, just above neutral, and MACD is nearly flat. Traders appear to be waiting for confirmation before committing to larger positions.
EMA Clusters and Supertrend Highlight Key Price Zones
Short-term moving averages are converging near current price. The 20 EMA sits at $3.16, the 50 EMA at $3.19, and the 100 EMA at $3.11. This cluster of dynamic levels provides immediate pressure zones. The 200 EMA is located lower near $2.89 and acts as the final defense for bulls.
Bollinger Bands on the 4-hour chart are compressing between $3.07 and $3.27. This tightening typically precedes a significant move. If price can push above the upper band, a run toward $3.34 and $3.50 becomes more likely.
The daily Supertrend indicator remains green and shows trend support near $2.91. Parabolic SAR dots are currently above the candle, reflecting mild bearish pressure, but no full reversal is confirmed.
XRP Price Prediction: Short-Term Outlook (24h)
If XRP price breaks above $3.20 with sustained volume, it could rally toward $3.34 and the next resistance near $3.50. A clean breakout beyond these levels may open the path toward $3.67, which marks the monthly high.
On the downside, failure to hold $3.00 could lead to a test of the $2.91 Supertrend level. If that breaks, downside risk extends toward the $2.83 to $2.89 region, where the 200 EMA and recent demand zones align.
The current structure favors a breakout, but without volume and momentum confirmation, the bias remains neutral. Traders should watch the $3.20 and $3.00 levels closely for direction.
XRP Price Forecast Table: July 31, 2025
| Indicator/Zone | Level / Signal |
| XRP price today | $3.14 |
| Resistance 1 | $3.20 |
| Resistance 2 | $3.34 |
| Resistance 3 | $3.50 |
| Support 1 | $3.00 |
| Support 2 | $2.91 (Supertrend) |
| Support 3 | $2.89 (EMA200, 4H) |
| Bollinger Bands (4H) | Narrow: $3.07 to $3.27 |
| EMA Cluster (20/50/100, 4H) | $3.11 to $3.19 |
| RSI (30-min) | 54.6 (Neutral) |
| MACD (30-min) | Flat, no clear momentum |
| OBV (4H) | 3.5B (Stable) |
| Derivatives Volume | Lower, long-biased positioning |
| Pattern | Symmetrical triangle (4H) |
| Breakout Trigger | Close above $3.20 or below $3.00 |
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