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August 30, 2025cryptonews logocryptonews

XRP Price Prediction: Is the Altcoin Market’s New Bullish Momentum Starting with XRP?

The XRP price today is $2.81, with a 24-hour trading volume of $7,035,163,846. The token has slipped 2.35% in the past day, ranking #4 by market cap at $166.89 ￰0￱ 59.48 billion XRP in circulation out of a 100 billion max supply, the asset is approaching key support levels that could determine whether it sparks the next altcoin ￰1￱ Pressure Weighs on XRP Ripple’s XRP has been struggling to reclaim ground above $3.00. A broader crypto selloff, triggered by Bitcoin’s slide to a seven-week low and Ethereum’s pullback after billions in expiring options, has amplified weakness across ￰2￱ like Cardano (ADA), Dogecoin (DOGE), and Sui (SUI) also recorded steep ￰3￱ headwinds are adding to the ￰4￱ says rate cuts may come slower than expected, inflation and a strong US economy mean no demand for risk, Wall Street tech giants drag down equities after NVIDIA’s AI outlook softens, risk sentiment ￰5￱ market cap down 3.3% in a day to $3.76 trillion.

On-Chain Data Shows Weakening XRP’s fundamentals have also ￰6￱ addresses on the XRP Ledger fell from roughly 50,000 in mid-July to just 24,000 today, according to CryptoQuant, highlighting weaker network ￰7￱ markets echo the ￰8￱ open interest dropped from $10.94 billion to $7.97 billion, signaling reduced trader ￰9￱ liquidations totaled over $15 million in the past 24 hours, compared with only $1 million in shorts, showing that bullish bets are being flushed out at a faster ￰10￱ XRP’s market standing has ￰11￱ token recently slipped behind Tether (USDT) in total valuation and fell out of the world’s top 100 assets by market ￰12￱ Price Forecast: $2.58 Support in Focus The XRP price prediction appears bearish, as XRP is consolidating within a descending ￰13￱ rejection near $3.25 in mid-August has left bears in control, with the token now hovering around the $2.79 Fibonacci retracement (0.5 level).

Immediate support : $2.79, followed by $2.58 and $2.43 Resistance levels : $2.99, $3.09 (50-day SMA), and $3.25 Indicators : RSI at 41 signals continued pressure but not yet oversold; MACD remains negative with widening histograms On the technical front , XRP’s immediate support stays near $2.79 and $2.58, $2.28. Above $2.99 and $3.25, $3.43. As long as above $2.06, the trend is not ￰14￱ slips to $2.81, testing critical $2.79 support. A rebound above $2.99 could spark a wider altcoin rally—while a drop below $2.58 risks deeper ￰15￱ — Arslan Ali (@forex_arslan) August 30, 2025 If buyers defend these support levels, XRP could re-emerge as the token that reignites momentum across the altcoin sector.

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