August 5, 2025

XRP (XRP) Price Prediction for August 5

1 min read

After a swift rebound from $2.60, XRP price today is testing key resistance near $2.98. The rally has pushed XRP into the apex of a multi-week falling wedge, with traders now watching to see if the momentum carries forward into a breakout or stalls beneath the trend ceiling. Price is reacting to structural supply near $3.00, while indicators signal both strength and early exhaustion. XRP Price Forecast Table: August 5, 2025 Indicator/Zone Level / Signal XRP price today $2.98 Resistance 1 $3.03 Resistance 2 $3.25 Support 1 $2.85 Support 2 $2.75 Falling Wedge Breakout Zone $3.03 VWAP (30-min) Reclaimed, pullback underway RSI (30-min) 59.25 (cooling from 70) Bollinger Bands (4H) Price at upper band EMA Cluster (4H) $2.95 – $3.05 Supertrend (1D) Bearish under $3.45 Parabolic SAR (4H) Bullish, flipped below price DMI (1D) +DI rising, -DI leads Netflow (24h) +$7.91M What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) XRP has moved back into the midrange of its broader daily support structure after finding demand near $2.60. The 4-hour chart shows price coiling inside a falling wedge, with the current candle pressing directly into the descending resistance. This p… The post XRP (XRP) Price Prediction for August 5 appeared first on Coin Edition .

Coin Edition logo

Source: Coin Edition

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed