XRP Price Corrects: Limited Downside Keeps Bulls Optimistic

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	128,966,011,018	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

128,966,011,018

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.080	-3.38%	2.29	2.29	2.29

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.080

-3.38%

2.29

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.40	2.23	2.37	2.37	0.382490 - 2.90

High Price

Low Price

Open Price

Prev. Close

52 Week Range

2.40

2.23

2.37

0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:20:35	2.39	2.29	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

15:20:35

2.39

2.29

USD

Price x Volume	Volume	Base Symbol	Related Pairs
192,780,537.76	83,384,366.76	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

192,780,537.76

83,384,366.76

XRP Price Corrects: Limited Downside Keeps Bulls Optimistic

08/01/2025 4:18am

NEWSBTC

XRP price failed to surpass $2.50 and corrected some gains. The price is now consolidating and aiming for a fresh increase above the $2.40 resistance. XRP price is struggling to gain pace for a move above the $2.40 zone. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2.390 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it stays above the $2.250 support. XRP Price Dips Below $2.32 XRP price failed to extend gains above the $2.48 and $2.50 resistance levels. The price reacted to the downsides, but losses were limited compared to Bitcoin and Ethereum. There was a move below the $2.40 and $2.32 support levels. Besides, there was a break below a short-term rising channel with support at $2.390 on the hourly chart of the XRP/USD pair. The last swing low was formed at $2.26, and the price is now consolidating. There was a move above the $2.32 level. The price cleared the 23.6% Fib retracement level of the recent drop from the $2.47 swing high to the $2.26 low. The price is now trading below $2.350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.365 level or the 50% Fib retracement level of the recent drop from the $2.47 swing high to the $2.26 low. The first major resistance is near the $2.40 level. The next resistance is $2.42. A clear move above the $2.42 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6650 in the near term. The next major hurdle for the bulls might be $2.720. More Losses? If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.300 level. The next major support is near the $2.250 level. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.30 and $2.250. Major Resistance Levels – $2.3650 and $2.400.

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XRPUSD Ripple