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XRP Price Alert: Breakdown Below Critical Support – How Low Can the Altcoin Go?

XRP Price Alert: Breakdown Below Critical Support – How Low Can the Altcoin Go?

Author:
Cryptonews
Published:
2025-08-03 11:59:23
13
2

XRP just sliced through a key support level—and traders are bracing for what comes next.

Here’s the technical damage so far.

Support turned resistance: The altcoin’s failure to hold its ground opens the door for deeper losses. Bulls are now eyeing the next major floor.

Volume tells the story: Thin liquidity and weak bids suggest this isn’t just a routine pullback. Market makers might be testing conviction.

Sentiment shift: The ‘buy the dip’ crowd is unusually quiet. Even crypto’s permabulls are whispering about downside targets.

Meanwhile, institutional traders are probably sipping lattes while retail bags get heavier. Classic crypto.

XRP/USD Key Technicals Now in Focus

On the technical front, XRP price prediction seems bearish as the 4-hour chart shows XRP trapped below a descending trendline and the 50-period SMA, which is at $3.08. These levels are now acting as resistance after the breakdown from $2.93.

XRP/USD Price Chart – Source: Tradingview
  • Multiple bearish candles, including an engulfing pattern
  • RSI dipped into oversold (35.68) and bounced back to 40.16 (still below 50)
  • Price is testing the $2.93-$2.94 zone, which was former support turned resistance

Unless XRP breaks above this zone with conviction, the bias is bearish. Watch for candlestick signals like a shooting star or bearish engulfing NEAR resistance.

XRP/USD – Another Leg Down?

Short-term XRP can’t reclaim $3, so sellers are still in control. If price gets rejected again from $2.94-$3.08, the following support levels to watch are $2.73 and $2.61. These zones could be bounce opportunities, but only if momentum improves.

  • Entry idea: Wait for rejection from $2.94
  • Stop loss: Just above $3.08
  • Targets: $2.73 and $2.61
  • Invalidation: A clean close above $3.10 flips the outlook bullish

A break and hold above $3.08 WOULD signal strength, potentially triggering a move toward $3.18 and $3.32.

Bitcoin Hyper Presale Over $6.2M as Price Rise Nears

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The golden cross of meme appeal and real utility has made bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

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