XRP price is holding above key support after a strong rebound from last week’s pullback. The uptrend from mid-June remains intact, with price riding a rising trendline, but resistance just overhead could decide whether bulls extend the move or momentum stalls.
After bouncing from the $2.85–$2.95 area, XRP reclaimed its 9-day SMA and pushed toward $3.33–$3.40. This zone has capped the advance so far, with higher targets at $3.50 and $3.55–$3.60 still in play if price can break through.
Let’s take a closer look at today’s setup.
📅 What We Got Right Yesterday
In yesterday’s prediction, we noted that a push above $3.30 could set up a retest of $3.50, while holding the $3.00 zone would keep the uptrend intact.
XRP price moved higher into resistance but has yet to clear it, keeping the short-term range between $3.00 and $3.33–$3.40 in focus. The trendline continues to guide the market upward, with no breakdown so far.
📊 XRP Daily Overview (August 9)
- Current Price: $3.29
- 24h Change: -0.64%
- Daily RSI (14): 60.73
- Volume: Stable, moderate
XRP price remains above the 9-day SMA ($3.038) and the rising trendline from late June. Resistance is tight overhead, and a breakout would confirm trend continuation.
🔍 What the XRP Chart Is Showing
The XRP chart structure is bullish, with higher lows and a clean bounce from the trendline. A close at or above $3.40 would likely open the door to $3.50 and $3.60.
Bull trap failure would lay the groundwork for trading sideways or testing $3.05–$3.10. Closing below $2.90 would demonstrate lower pullback potential.
📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Signal |
| RSI (14) | 60.73 | Bullish momentum, room before overbought |
| ADX (14) | 31.33 | Strong trend strength |
| MACD (12,26) | 0.118 | Positive momentum |
| CCI (14) | 142.90 | Strong buying pressure |
| Ultimate Oscillator | 59.54 | Broad bullish sentiment |
| Bull/Bear Power (13) | 0.3476 | Buyers in control |
Read Also: Ripple vs SEC Case Is Finally Over, But Analyst Warns XRP Community: Bots Might Kill the Rally
🔮 XRP Price Prediction Scenarios
Bullish Scenario:
A break above $3.40 could lead to a move toward $3.50 and $3.60.
Neutral Scenario:
XRP price may range between $3.00 and $3.40 if resistance holds.
Bearish Scenario:
A close below $3.00 would expose $2.80, and failure there could send the price toward $2.55.
🧠 Wrapping Up
XRP price remains in a short-term uptrend with the trendline and technical indicators in favor. The $3.33–$3.40 resistance zone is the zone to watch for a breakout or a momentum reversal.
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