XRP Price Watch: Technical Indicators Signal Accumulation Phase
Main Idea
XRP's price is currently in an accumulation phase, with technical indicators suggesting potential bullish continuation if key resistance levels are broken, or bearish momentum if support levels fail.
Key Points
1. XRP traded at $3.24 on Aug. 13, 2025, with a 1.8% intraday increase and a 24-hour trading volume of $9.64 billion.
2. Key resistance levels are at $3.32 and $3.30, with support identified at $3.22 and $3.15; a breakout above $3.32 could signal bullish continuation, while a drop below $3.15 may lead to a test of $3.00 support.
3. Technical indicators like RSI (57.67), Stochastic (74.80), and CCI (92.70) are neutral, while the momentum oscillator and MACD show bearish signals.
4. Moving averages (EMA and SMA) across multiple timeframes are aligned bullishly, suggesting upward potential if price remains above these levels.
5. A decisive breakout above $3.32 with strong volume could target the $3.40–$3.45 zone, while failure to hold $3.15 may push XRP toward $3.00 or lower.
Description
XRP traded at $3.24 as of Aug. 13, 2025, reflecting a 1.8% intraday increase. The asset maintained a daily range between $3.20 and $3.32, with a 24-hour trading volume of $9.64 billion and a total market capitalization of $193.41 billion. XRP On the 1-hour chart, XRP experienced a modest retracement following a peak at $3.32.
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