XRPtraded at $3.06 on Aug. 7, 2025
with a 24-hour market capitalization of $181.66 billion and trading volume totaling $4.44 billion. Throughout the day, the digital asset fluctuated within a tight range of $2.97 to $3.08, reflecting a consolidation phase amid broader market hesitation.
XRP
On the 1-hour chart, XRP displayed a sharp initial upward movement to $3.089 before entering a range-bound pattern. The price has since been consolidating with resistance marked at $3.06 to $3.08 and psychological support around $3.00. The intraday setup suggests potential for short-term bullish trades, particularly with entries between $3.00 and $3.02, coupled with a tight stop-loss under $2.98. A breakout above the $3.10 level could open up momentum-driven scalps targeting $3.10 to $3.15, though caution is warranted due to the lack of follow-through volume.
XRP/USDC 1-hour chart on Aug. 7, 2025.
4-hour Chart Analysis
The 4-hour chart illustrates a broader recovery phase from $2.72 to $3.10, though recent price action hints at fading momentum. A minor head and shoulders formation is developing, with the neckline around $2.95 being a key level to monitor. This aligns with a sequence of lower highs following a $3.107 peak, suggesting either further consolidation or a near-term retracement. Weakening volume on recent price advances further supports this view, indicating a fragile bullish structure unless a convincing push above $3.10 occurs.
XRP/USDC 4-hour chart on Aug. 7, 2025.
Daily Timeframe Analysis
On the daily timeframe, XRP remains in a consolidation zone after correcting from a peak of approximately $3.66. The asset previously rallied from around $2.20, but has since entered a stabilization phase, hovering near $3.05 to $3.10. Notable support lies between $2.85 and $2.90, while resistance emerges at $3.30 to $3.40. Diminishing volume post-rally suggests reduced buyer conviction, and there is currently no clear reversal pattern such as a bullish engulfing candle. However, a daily close above $3.15 would strengthen the bullish thesis and could signal renewed momentum.
XRP/USDC daily chart on Aug. 7, 2025.
Oscillator Analysis
Oscillators on the daily timeframe indicate a neutral market posture with subtle bullish undercurrents. The relative strength index (RSI) reads 53.56, the Stochastic oscillator is at 42.35, and the commodity channel index (CCI) is at −47.76—all classified as neutral. The average directional index (ADX) at 29.79 also signals a non-trending market. Meanwhile, the Awesome oscillator shows a value of 0.00644, which is bullish, and the momentum oscillator at −0.06322 also gives a bullish signal. In contrast, the moving average convergence divergence (MACD) level at 0.04593 reflects a bearish signal, adding a note of caution to the overall mixed sentiment.
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Moving Averages Analysis
The moving averages lean slightly bullish in aggregate, particularly on shorter to mid-term scales. The 10-period exponential moving average (EMA) and simple moving average (SMA) stand at $3.02491 and $3.00066, respectively, both showing positive signals. The 20-period EMA at $3.02041 also supports the bullish trend, while the 20-period SMA at $3.14977 reflects a bearish outlook. Similarly, the 30-period EMA at $2.95721 gives off a signal, while the 30-period SMA at $3.06925 issues a Sell. Longer-term indicators, including the 50-, 100-, and 200-period EMAs and SMAs, all register positive signals, reinforcing a longer-term uptrend despite short-term hesitation.
Bull Verdict
XRP continues to maintain structural support above key psychological and technical levels, with a majority of short- to long-term moving averages flashing bullish signals. If buying volume returns and price holds above $2.95, a breakout beyond $3.10 could open the path toward retesting the $3.30–$3.40 resistance zone, reinforcing a medium-term bullish outlook.
Bear Verdict
Despite XRP’s stable consolidation, declining volume, neutral oscillator readings, and resistance at multiple timeframes raise caution. A failure to defend the $2.95 support or rejection near $3.10 would invalidate the short-term bullish setup and may expose the price to a deeper pullback toward the $2.75–$2.85 region, confirming a bearish reversal scenario.
