XRP Price Drops Below $3 Today (August 19, 2025): Indicators Suggest Further Declines Ahead

• Why Is XRP Falling Below $3 Today?
• Technical Indicators Paint a Bearish Picture
• On-Chain Data Confirms Selling Pressure
• Where Could XRP Find Support?
• What Would Signal a Potential Reversal?
• XRP Price Analysis FAQs

XRP's value has dipped below $3 today, sparking concerns about a potential bearish cycle. Technical and on-chain indicators point to further downside, with key support levels at $2.78-$2.58 in focus. This analysis dives into the charts, market sentiment, and what traders should watch next.

Why Is XRP Falling Below $3 Today?

XRP dropped 1.1% in the past 24 hours, slipping back under the $3 mark as selling pressure dominates. The breakdown of a symmetrical triangle pattern and the 0.382 Fibonacci retracement level suggests the downtrend may continue. I’ve seen this play out before – when these technical levels crack, it often triggers stop-loss orders and panic selling. The next critical support zones to watch are $2.90 and $2.77.

Technical Indicators Paint a Bearish Picture

The daily chart shows XRP failed to hold above the 0.5 Fibonacci level earlier this month, missing its chance to rally toward $3.65. Now, with the 9-period EMA below the 21-period EMA and a bearish MACD crossover, the momentum clearly favors sellers. The RSI at 30 isn’t oversold yet – meaning there’s room for more downside before any potential bounce.

On the 4-hour chart (see below), the setup looks even weaker. I’ve noticed these shorter timeframes often lead the way during trend changes. The MACD histogram is deepening into negative territory, while the RSI’s downward slope suggests no immediate relief for bulls.

On-Chain Data Confirms Selling Pressure

It’s not just charts telling this story – the blockchain doesn’t lie. Exchange net inflows have spiked, with $150 million more sell orders than buys in the past day according to Coinglass. When I see this much XRP moving onto trading platforms, it usually precedes further declines as holders look to exit positions.

Where Could XRP Find Support?

The $2.78-$2.58 zone represents the next Fibonacci levels that might cushion the fall. From my experience, these areas often see accumulation from value buyers. However, with the long/short ratio skewed toward sellers (see chart below), any bounce might get sold into until sentiment shifts.

What Would Signal a Potential Reversal?

Watch for two things: 1) A sustained increase in buying volume (not just short covering), and 2) XRP moving back above $3.10 to invalidate the breakdown. The BTCC exchange has seen particularly heavy selling activity – when their order book starts showing bid stacking, it often leads other platforms.

This article does not constitute investment advice. crypto markets are volatile – always do your own research.

XRP Price Analysis FAQs

Why did XRP drop below $3?

Technical breakdowns combined with heavy exchange inflows created perfect conditions for the drop. The failed test of $3.35 earlier this month set the stage.

How low could XRP go?

Next major support sits at $2.78-$2.58. A break below could target $2.40, though oversold conditions may develop before then.

When might XRP recover?

Recovery needs either a sentiment shift (positive news) or technical reversal patterns forming at support. Monitor the RSI for oversold signals.