XRP Falls 8% Below $3 After Hitting Resistance, High-Volume Selloff Signals Weakness
8 Articles
8 Articles
XRP Falls 8% Below $3 After Hitting Resistance, High-Volume Selloff Signals Weakness
What to KnowXRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength. The sharpest drop occurred during the midnight trading window on August 1, when XRP fell 2.7% in a single hour, accompanied by 259.21 million units in volume—nearly 4x its 24-hour average.Despite the downtrend, accumulation signals surfaced during the recovery phase, as XRP rebounded t…
XRP Price Today Dips 8%, Key Support at $3 Under Threat - The Market Periodical
Key Insights: On the daily chart, XRP price today is approaching the neckline of a bearish inverted cup and handle pattern. With an 8% price dip, XRP is on the verge of losing another 15% if it fails to hold the $3 level. An expert shares that if the decline continues, XRP could find support at $2.40 and $2.00. XRP price today appears to be struggling near a key support level of $3. As per the daily chart, the asset has been in a continuous dow…
XRP Falls 8% Below Key Level After Rally—Time to Sell?
XRP drops 8% after rally, slicing through the vital $2.95 support with strong bearish momentum. On-chain Spot Taker CVD has flipped red, showing dominance of sellers since late July. XRP dominance chart holds above 4.5%, keeping the bullish pennant formation technically valid. XRP’s bullish momentum took a sharp hit over the past 24 hours, plunging 8% and slicing through the critical $2.95 support level. This zone, once the launchpad for a power…
XRP plunges below $3 erasing billions overnight
XRP price plunged below the critical $3 threshold early Friday as the broader cryptocurrency market reacted sharply to U.S. President Donald Trump’s newly imposed tariffs on multiple countries, sparking fears of escalating global economic tensions. The sell-off, which also rattled equities, combined macroeconomic uncertainty with profit-taking after XRP’s recent highs. In particular, the token fell from an intraday peak of $3.16 to a low of $2.9…
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