TLDR:
- XRP price slipped below $3 with daily losses of 4.29% and a weekly drop of 8.58%, per CoinGecko.
- Analysts see critical support near $3, with a breakdown exposing targets around $2.80 and $2.60.
- Resistance remains firm between $3.20 and $3.32 after repeated rejections, showing seller strength.
- Market sentiment stays bearish until XRP reclaims $3.32, which would shift momentum back to buyers.
XRP price is testing a critical zone after losing steam near $3.20. The token slipped below the $3 threshold as sellers tightened their grip. This comes after multiple rejections at higher resistance, weakening buyer confidence.
Traders are now watching closely to see if $3 can hold or if deeper losses are ahead. The market faces a decisive point that could set the tone for XRP’s short-term direction.
XRP Price Structure Signals Weakness
At the time of analysis, XRP hovered near $3.01 before slipping to $2.98, according to data from CoinGecko. The token had faced consistent selling pressure since rejecting $3.32, a level marked as strong resistance.
Analyst BitGuru noted that XRP has been forming lower highs on the 4-hour chart, showing a persistent downtrend. He pointed to key support at $3.00, with sellers pressing harder as momentum fades.
BitGuru added that if this level breaks, XRP could quickly move toward the $2.80 to $2.60 range. His chart also showed a cluster of red and orange momentum signals, backing the bearish tone.
No bullish reversal signals have emerged yet, and market commentary suggests buyers need to reclaim $3.20–$3.32 to regain control.
$XRP is showing weakness on the 4H chart, currently trading near $3.01 after a steady decline from the recent $3.32 rejection.
Key resistance remains around $3.20–$3.32.
Strong support sits near $3.00, and a breakdown below could open the path toward $2.80–$2.60. pic.twitter.com/RvTazVR5OL
— BitGuru 🔶 (@bitgu_ru) August 18, 2025
The $3.20 to $3.32 resistance zone has proven stubborn, rejecting price multiple times. Analysts say this barrier continues to attract heavy selling, making it the key level for any bullish case.
Immediate support remains at $3.00, though the market is now trading slightly below it. If pressure persists, traders expect fresh bids to appear only near $2.80 or even $2.60.
BitGuru explained that volume confirmation will be crucial. Without stronger buying activity, the break below $3 could extend further. Sellers appear to be dictating the pace for now.
Until XRP reclaims the upper resistance zone, short-term outlook remains tilted toward the downside.
Analysts Split on XRP Price Outlook
While BitGuru pointed to weakening conditions, others took a different stance.
Market watcher Galaxy described the current structure as healthy despite the decline. He mentioned that XRP has just broken out of a smaller symmetrical triangle, adding to longer-term consolidation after a 2,500-day triangle breakout.
Looks like $XRP needs a little more consolidation around $3.
Nothing wrong about this.
Chart looks healthy. We just broke out of a smaller symmetrical triangle after breaking out of a 2500 day symmetrical triangle.
Interesting times. pic.twitter.com/GHsfyUNmRV
— Galaxy (@galaxyBTC) August 18, 2025
Galaxy suggested that more time around $3 might be necessary before a larger move. This aligns with the view that market cycles often require periods of stability before momentum shifts again.
Despite contrasting takes, the analysts acknowledge the importance of the $3 level. Whether XRP holds above it or not may determine its next major trend.
CoinGecko data shows XRP trading at $2.98, marking a 4.29% decline in the past 24 hours. Over the past week, the token lost 8.58% as sellers reinforced control.
The market has shown volatility around the $3 zone, reflecting both resistance above and fragile support below. Traders are adjusting positions as uncertainty builds.
If buyers step in, a bounce could retest $3.20–$3.32, but sustained selling could extend the slide toward $2.60. XRP remains at a crucial point, with market participants watching closely.
