On the 1-hour chart, XRP displays a neutral-to-bearish intraday bias as it consolidates in a narrow band between $2.82 and $2.87. This tight trading range comes after a small rally was met with resistance at $2.87. The volume during this period remains subdued, which raises the risk of false breakouts. Traders employing short-term strategies are favoring range-based setups, with scalp shorts advised at $2.86–$2.87 and tight stop-losses at $2.89. Conversely, a potential long entry is identified near $2.82, with protective stops set below $2.80, reflecting a cautious market sentiment.
XRP/USDC via Binance 1-hour chart on Aug. 31, 2025.
The 4-hour chart reveals a weakening short-term downtrend marked by lower highs and lower lows following a rejection at $3.083. Price action shows mild recovery, testing resistance around $2.85 while support at $2.76 continues to hold. A strong 4-hour candle close above $2.87, coupled with notable volume, could signal a bullish reversal. Until such confirmation, the trend remains tilted to the downside. Short positions may consider exits near $2.76, while potential longs are contingent upon a break above the $2.90 threshold with follow-through momentum.
XRP/USDC via Binance 4-hour chart on Aug. 31, 2025.
From a broader perspective, the daily chart outlines a bearish macro trend, catalyzed by a drop from a recent peak of $3.383. Momentum has declined significantly alongside falling volume, suggesting weakening buyer interest or a phase of consolidation. Price currently trades within the $2.80–$2.85 channel, with short-term resistance situated at $3.00 and well-tested support near $2.72. A failure to reclaim the $3.00 level reinforces the bearish outlook, while any upward breakout above $2.90 backed by increased volume would offer a compelling long entry. Otherwise, the trend favors caution and selective participation.
XRP/USDC via Binance 1-day chart on Aug. 31, 2025.
Oscillator readings further support a mixed technical environment. The relative strength index (RSI) at 41.95 indicates a neutral stance, while the Stochastic oscillator at 13.86 suggests an oversold condition, but remains neutral in its action. The commodity channel index (CCI) registers at −116.81, advocating a bullish signal, and the momentum oscillator shows a mildly negative reading of −0.03484, also categorized as still bullish. The average directional index (ADX), at 17.66, reflects a weak trend strength, while the Awesome oscillator at −0.13824 remains neutral. Notably, the moving average convergence divergence (MACD) level of −0.05296 issues a bearish signal, highlighting ongoing downward pressure.
The moving averages present a predominantly bearish alignment, especially on shorter timeframes. The exponential moving average (EMA) and simple moving average (SMA) across 10, 20, and 30 periods all issue negative signals, with respective values ranging between $2.91 and $3.03. However, a shift begins to emerge at the 100-period and 200-period levels: both EMA (100) at $2.77 and SMA (100) at $2.67, as well as EMA (200) at $2.51 and SMA (200) at $2.48, are in a bullish territory. This suggests the potential for long-term support building despite short-term bearish momentum, indicating a crucial inflection point for medium- to long-term positioning.
Bull Verdict:
XRP’s price consolidation above key support zones, coupled with buy signals on long-term moving averages and oscillators such as the Commodity Channel Index and Momentum, suggest that a bullish reversal may be on the horizon. A confirmed breakout above $2.90 with accompanying volume could validate a shift in momentum, paving the way for a retest of the $3.00 resistance and potentially higher levels.
Bear Verdict:
The prevailing short-term downtrend, weak volume, and consistent sell signals from short-to mid-range moving averages reinforce a bearish scenario for XRP. With resistance at $2.87–$3.00 remaining intact and momentum indicators like the MACD still negative, the risk of a breakdown below $2.76 could trigger a deeper decline, putting XRP under further pressure in the near term.
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