XRP Price Today: Can XRP Hold $2.90 As Price Compression Tightens?

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XRP-Price-Prediction-Analysis

The price of XRP is holding steady around $2.92 today after a period of volatility that saw it drop to $2.85 and then quickly rise again. Sellers have consistently limited the price increase to around $3.05, creating a narrowing wedge pattern as volatility diminishes. Spot inflows show a small net gain of $20.9 million on August 26, which suggests that dip buyers are carefully entering the market even though it is generally weak.

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

On the 4-hour chart, XRP continues to trade inside a descending channel, with price currently mid-range between $2.85 support and $3.05 resistance. The Bollinger Bands remain wide, with price leaning toward the lower half of the bands, signaling pressure but also room for rebound if liquidity builds. On-Balance Volume has stabilized around 3.23B, showing no significant exodus despite recent downside.

XRP price dynamics (Source: TradingView)

Volume Profile shows heavy activity near $2.66, which remains a strong accumulation base if current levels break down. The daily Fibonacci retracement highlights $3.08 (0.382) as the key upside level to reclaim, while $2.95 (0.236) is acting as a short-term pivot. Until price closes decisively above $3.20 (Fib 0.5 and triangle resistance), XRP will likely remain in compression mode.

Why Is The XRP Price Going Down Today?

XRP price dynamics (Source: TradingView)

Why XRP price going down today is linked to persistent rejection from the $3.05–$3.10 band, where dynamic resistance aligns with the EMA cluster. The 20/50/100 EMAs on the 4H chart are stacked bearishly between $2.96 and $3.02, creating a ceiling for immediate rallies.

XRP price dynamics (Source: TradingView)

The Supertrend indicator also remains bearish, with the flip level set at $3.05. The Directional Movement Index shows -DI leading, though ADX is softening, suggesting trend strength is fading as price compresses further. RSI is recovering from oversold levels but sits around neutral, while MACD momentum remains fragile, hovering near the zero line.

XRP On-Chain Activity (Source: Coinglass)

Despite this, spot netflows turning positive on August 26 indicate that market participants are not aggressively selling into this correction. Instead, some accumulation is taking place, which may support a base near $2.85.

XRP Price Action Signals Imminent Breakout

XRP price dynamics (Source: TradingView)

The daily symmetrical triangle pattern suggests XRP is approaching its breakout phase. A close above $3.08 could trigger momentum toward $3.20 and $3.30, while a breakdown below $2.85 risks accelerating losses to $2.66 and even $2.33, which aligns with high-volume nodes on the profile.

The tightening of Bollinger Bands on the daily timeframe increases the likelihood of a volatility expansion move in the upcoming sessions. Traders should watch the $2.85–$3.05 compression band closely for direction cues.

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

For August 27, the XRP price is likely to remain trapped between $2.85 support and $3.05 resistance. A bullish breakout above $3.05 would shift focus toward $3.20 and $3.30, while failure to defend $2.85 would open the door toward $2.66 and potentially $2.33. With accumulation signals building but momentum still weak, the next 24 hours are pivotal for XRP’s trend direction.

XRP Price Forecast Table: August 27, 2025

Indicator/ZoneLevel / Signal
XRP price today$2.92
Resistance 1$3.05
Resistance 2$3.20
Support 1$2.85
Support 2$2.66
EMA Cluster (4H)Bearish, stacked $2.96–$3.02
RSI (4H)Neutral, ~47
MACD (4H)Near zero, fragile momentum
Bollinger Bands (1D)Tightening, volatility expansion due
Supertrend (4H)Bearish under $3.05
Spot Netflow (Aug 26)+$20.99M (mild accumulation)

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.


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