XRP News Today: XRP Consolidates Near $2.93 Amid Key Support and Bearish Technicals

XRP (XRP) is currently trading near $2.93 as of August 26, 2025, following a slight pullback from a high of $3.05 earlier in the day. The price remains confined within a descending channel that has been limiting upward momentum since late July. Although the asset has managed to stay above the $2.90 support level, key technical indicators suggest weakening buying pressure. The Relative Strength Index (RSI) is near oversold territory at 32, while the EMA cluster on the 4-hour chart is aligned bearishly below $3.00. This technical setup indicates a fragile market structure, with traders closely monitoring whether XRP can stabilize or risk a deeper pullback [1].

The price action on the 4-hour chart shows consolidation between $2.88 and $3.05, with the upper boundary of the descending channel acting as a recurring resistance. The Money Flow Index is at 52, signaling a balance between inflow and outflow pressures, but without a clear directional bias. Meanwhile, the Bollinger Bands are contracting, with the upper band at $3.14 and the lower at $2.86, suggesting that a breakout in either direction is likely soon [1]. On-chain data from Coinglass indicates a net outflow of $1.7 million on August 25, which suggests mild accumulation during recent dips rather than panic selling. This has helped the price remain above the $2.90 level for now [1].

Looking ahead, the short-term price trajectory of XRP will depend heavily on the $2.90–$2.93 pivot zone. If this level holds, bulls could attempt a push toward $3.05 and beyond, with a successful breakout from the channel potentially leading to $3.35. However, the presence of VWAP resistance at $2.98 and stacked EMAs below $3.00 suggests that sellers remain in control in the near term [1]. A break below $2.88 would expose the next support at $2.66, with deeper liquidity pockets at $2.33 visible on the daily volume profile [1].

Analysts also highlight a range-bound outlook for the week, with predicted highs reaching $3.1873 and lows hitting $2.7703 for August 26 [5]. If XRP manages to surpass $3.20, it could test the $3.29 level. A sustained move above this threshold may open the path to $6, particularly if institutional adoption of the XRP Ledger (XRPL) continues to expand [4]. Some reports suggest that large holders are accumulating 250 million XRP tokens, valued at approximately $758 million, indicating potential strategic positioning amid ongoing volatility [4].

Longer-term forecasts are more speculative but highlight the potential for significant growth. One analysis suggests that if the XRP Ledger captures 20% of the tokenized real-world assets (RWA) market by 2026, the price of XRP could reach as high as $134.5 [2]. This scenario, however, depends on the XRPL’s ability to secure meaningful adoption in the RWA sector, which is currently valued at $14 billion [2].

The XRP futures market has also shown signs of increased speculative activity, with open interest rising from $3.87 billion in late June to around $8.1 billion by late August 2025 [6]. Despite this surge, the spot price has not seen a corresponding upward trend, indicating a tug-of-war between bullish and bearish forces. This divergence may point to a period of consolidation before the next directional move [7].

In comparison to other assets, XRP has outperformed in some metrics. Recent data shows that XRP’s market valuation has surpassed that of BlackRock, a major traditional financial firm, signaling a shift in investor sentiment toward digital assets [6]. Another projection suggests that XRP could outperform Palantir Technologies over the next five years, especially if two unnamed major financial institutions proceed with XRP-based investment products [8].

Notably, some sources also mention BABY XRP; however, due to its negligible price movement and speculative nature, it is not considered relevant to the broader XRP price discussion [9].

In summary, XRP is in a period of consolidation with key support and resistance levels determining its near-term direction. Technical indicators and on-chain data suggest that while the immediate outlook is bearish, there remains potential for a rebound if $2.90 holds. Longer-term projections remain speculative, with outcomes heavily dependent on broader market conditions and institutional adoption of the XRP Ledger.

Source: [1]XRP (XRP) Price Prediction for August 26.............................(https://coinedition.com/xrp-price-prediction-for-august-26-2025/)

[2]latest-ripple-xrp-price-predictions-from-bold-to-news.............................(https://m.fastbull.com/news-detail/latest-ripple-xrp-price-predictions-from-bold-to-news_6100_0_2025_3_9052_3/6100_LTC-USDT)

[3]XRP Price Prediction: Here’s What Analysts Think in 2025, 2026, 2030.............................(https://coincentral.com/xrp-price-prediction-heres-what-analysts-think-in-2025-2026-2030-as-this-new-payfi-altcoin-could-grow-over-100x/)

[4]XRP News Today: XRP $3.29 Hurdle Holds Key to $6 Breakout or Downfall.............................(https://www.ainvest.com/news/xrp-news-today-xrp-3-29-hurdle-holds-key-6-breakout-downfall-2508/)

[5]Ripple Price Prediction Tomorrow, Week, Month: XRP Forecast.............................(https://30rates.com/ripple-price-prediction-tomorrow-week-month-xrp-forecast)

[6]Top Reasons Why Ripple’s XRP Flipped BlackRock in Market Valuation.............................(https://coinedition.com/top-reasons-why-ripples-xrp-flipped-blackrock-in-market-valuation/)

[7]XRP Price Prediction: Bears Take Over as Solana Slips, Investors Eye Layer Brett as Best Meme Coin to Buy.............................(https://coincentral.com/xrp-price-prediction-bears-take-over-as-solana-slips-investors-eye-layer-brett-as-best-meme-coin-to-buy/)

[8]Prediction: XRP Will Trounce Palantir Over Next 5 Years.............................(https://www.nasdaq.com/articles/prediction-xrp-will-trounce-palantir-over-next-5-years)

[9]BABY XRP Price Prediction.............................(https://www.bitget.com/price/baby-xrp/price-prediction)