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XRP (XRP) Price Prediction for August 6

6d ago
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XRP-Price-Prediction-Analysis

The XRP price today is trading around $3.03, struggling to gain momentum after breaking back above its descending channel resistance. While the recent bounce from sub-$2.80 levels signals short-term demand, overhead resistance between $3.14 and $3.34 continues to stall recovery. The market structure remains vulnerable to a pullback unless bulls flip key moving averages into support.

XRP Price Forecast Table: August 6, 2025

Indicator/ZoneLevel / Signal
XRP price today$3.03
Resistance 1$3.14 (channel breakout retest)
Resistance 2$3.34 (supply zone)
Support 1$2.98 (EMA20 + channel top)
Support 2$2.76 (rebound base)
Supertrend (4H)Bearish below $3.03
VWAP (30-min)Price below $3.06 (bearish tilt)
SAR (30-min)Flipped above price
Bollinger Bands (4H)Upper band rejection at $3.12
EMA Cluster (20/50/100) (4H)$2.98–$3.05 (resistance band)
DMI (4H)-DI leading, low ADX
Netflow (Aug 5)-$15.21M (outflow bias)
Fibonacci Resistance (Daily)$3.07, $3.34, $3.69

What’s Happening With XRP’s Price?

XRP price dynamics (Source: TradingView)

On the 4-hour chart, XRP price has broken out of a falling parallel channel that had defined price action since July 22. After finding support near $2…

The post XRP (XRP) Price Prediction for August 6 appeared first on Coin Edition.

6d ago
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