XRP Price Prediction for Today (August 3)

XRP has been struggling to find its footing after last week’s drop. Sellers are still in control, keeping the price under key moving averages. The token is moving in a downtrend, and most technical indicators show that momentum is still weak.

After hitting above $3.60 in July, XRP price pulled back hard and now trades around $2.82. A small bounce from $2.77 gave bulls some relief, but the bigger trend hasn’t changed.

Let’s break down today’s setup.

What We Got Right Yesterday

Yesterday, we talked about how $2.89 was the key level to watch. We said that if the XRP couldn’t hold above it, the price could slide toward $2.80 or lower.

That’s exactly what happened. XRP price dropped under $2.89, tapped $2.77, and then stabilized. We also mentioned that any bounce would likely struggle around $2.95–$3.00 without strong buying volume, and that’s still the case today.

XRP Hourly Overview (August 3)

Current Price: $2.83

24h Change: -4.44%

1H RSI (14): 41.23

Volume: Low and declining

XRP price is still trading below its 30-EMA and the descending trendline. Sellers remain in charge after breaking key structure levels at $3.05 and $2.90.

The bounce off $2.77 is small compared to the larger move down. Unless XRP can push above $3.00, the market will likely keep moving sideways or even lower.

What the XRP Chart Is Showing

The 4H chart tells a clear story: lower highs and lower lows. XRP price keeps getting rejected at the descending trendline, and buyers haven’t shown enough strength to flip the trend.

Support around $2.80–$2.75 is holding for now, but if it breaks, $2.50–$2.40 is the next spot to watch. On the upside, $2.95–$3.00 is the first big hurdle, and $3.20–$3.30 comes after that.

As long as the price stays under $3.00, sellers will likely keep the upper hand.

Image Source: TradingView.com Technical Indicators (Hourly Timeframe) Indicator Value Signal / Interpretation RSI (14) 42.03 Bearish momentum, below midline MACD (12,26) -0.035 Bearish, weak short-term momentum ADX (14) 40.20 Strong trend strength, confirming downtrend CCI (14) 47.78 Neutral, market not oversold ROC -1.936 Negative momentum persists Bull/Bear Power (13) 0.0004 Slight bullish attempt, likely temporary

Summary: Most indicators show bearish momentum. RSI and MACD confirm selling pressure, ADX shows the trend is strong, and there’s no clear sign of a reversal yet.

XRP Price Prediction Scenarios

Bullish Scenario:

If XRP can break above $3.00 with volume, it could run toward $3.20–$3.30. But it needs real buying power to get there.

Neutral Scenario:

If $2.80 holds, XRP price may just chop between $2.80 and $3.00 while traders wait for a trigger.

Bearish Scenario:

If $2.77 breaks, price could slide to $2.60 and maybe $2.50–$2.40 next.

Wrapping Up

XRP price is still stuck in a downtrend. Sellers are defending resistance levels, and buyers are only managing small bounces. Unless the token can clear $3.00 and that falling trendline, the market will likely keep moving sideways or drift lower.

Read Also: What Could 300,000 Onyxcoin (XCN) Tokens Be Worth by 2026?

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