๐จ XRP Price Consolidation Deepens: Will Bulls Break the $3.165 Resistance?
XRP has been under pressure recently, dropping below $3.12 and testing the critical $3.00 zone. But after hitting a low at $2.999, bulls are showing signs of life.
Hereโs whatโs happening on the charts and what traders need to watch next
๐ Current Market Setup (as of July 31, 2025)
โ
XRP is trying to bounce from $3.00 after a short-term correction.
โ Still trading below $3.180 and under the 100-hourly SMA.
A bearish trendline caps the upside at $3.150 on the hourly XRP/USD chart (Kraken data).
Key Resistance Levels
$3.150 โ Local trendline resistance
$3.165 โ First major breakout target
$3.200 โ Strong horizontal resistance
$3.250 & $3.30 โ Short-term bullish targets
Break above $3.350 could unlock more upside momentum
Support Levels to Watch
$3.080 โ Minor short-term support
$3.000 โ Psychological support zone
$2.920 โ Previous bounce level
$2.850 โ Key downside target for buyers
Outlook
XRP needs a clear move above $3.165 to regain bullish momentum. If bulls push through $3.20, we could see an attempt toward $3.30โ$3.35 in the near term.
On the flip side, a rejection at $3.165 could lead to another dip below $3.00 โ opening the door toward $2.92 or even $2.85 if bearish pressure returns.
Technical Indicators
Hourly RSI: Back above 50 = slight bullish bias
MACD: Bearish momentum cooling off
Final Take
XRP is consolidating tightly. $3.165 is the key battle zone right now. Break it โ and bulls might ride toward $3.30. But fail to hold $3.00, and we might revisit $2.85. Trade cautiously and watch these levels closely.
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