XRP Price on the Edge: Can $3 Support Survive the Slide?

XRP is barely holding on to the $3 support level after falling over 4%. With no fresh news and Bitcoin down, is XRP about to crack lower?

Rudy Fares

Rudy Fares

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Categories: XRPxrp crash

Why is XRP Price Falling?

XRP followed the broader market down, dropping after Bitcoin failed to break $123K and the Fed offered no rate relief. The coin is down more than 4% in 24 hours and is clinging to $3.00, a psychologically significant level.

XRP Price Analysis: Chart Breakdown

XRPUSD_2025-08-02_00-19-36.png

XRP/USD 4-hours chart - TradingView

  • XRP sits on top of $3 horizontal support (blue line)
  • Clear lower highs forming → weakening structure
  • 21 EMA and 9 EMA sloping down, maintaining sell pressure
  • RSI at 40.67, not yet oversold, meaning more downside is possible
OKX-DACH-Promo

XRP Price Prediction: What to Watch Next for XRP Coin

  • If $3 breaks, the next major demand zone lies near $2.80.
  • To avoid that, XRP needs a bounce toward $3.17 and a daily close above it.
  • Monitor Bitcoin closely – XRP typically amplifies BTC moves.
  • Look for bullish divergence in RSI or volume spikes at $3 to signal a rebound.

$XRP, $Ripple

Rudy Fares
Article By

Rudy Fares

Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.

Regular updates on Web3, NFTs, Bitcoin & Price forecasts.

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