XRP News Today: XRP Dips 13% Below $3 as Analysts Watch $2.40–$2.60 Buy Zone for Rebound

XRP has entered a critical price zone in August 2025, drawing attention from analysts who are closely monitoring key levels for potential reversals. The asset has experienced a notable decline, dropping nearly 13% over the past week and falling below $3 on August 1. This has raised concerns among traders, particularly as XRP lost a critical support level, triggering a deeper retracement. Analysts are now watching the $2.40–$2.60 range as a potential area for accumulation, suggesting that a sustained move above this level could set the stage for a significant rebound [2].

Crypto analyst Michaël van de Poppe emphasized the importance of this buy zone, indicating that if buyers return in force at these levels, XRP could resume its upward trajectory in the coming months. However, failure to hold above $2.60 may expose the asset to further downside pressure [2]. Another analyst noted that if XRP holds above the key $2.94 support zone, it may avoid a total collapse, reinforcing the significance of this price area [6].

Bullish technical signals suggest XRP could be on the verge of a sharp 20% rebound. Divergence in key indicators points to a potential reversal after the recent dip below $3. Analysts also project a gradual climb to $3.30 by 2026, with the price inching up to $4.01 by 2030 and reaching $6.53 by 2040 [3]. A more aggressive outlook has also emerged, with one analyst predicting a surge to $4.70 if the SEC’s Project Crypto and falling reserves fuel the next breakout [5].

XRP faces immediate resistance around the $3.25 and $3.30 zone, a level it must breach to regain bullish momentum. If the price closes above $3.20 or $3.97, it could signal a reversal in the short to medium term. Conversely, a failure to hold above $2.60 could lead to further declines [1][9]. Volume indicators suggest continued participation from large holders, indicating ongoing interest in the asset [9].

Traders are advised to monitor these levels closely for potential opportunities. A breakout above key resistance or a strong rebound from the identified support zones could signal a shift in market sentiment. Analysts remain divided on the timing of a potential upswing, but the consensus is that XRP is at a pivotal moment that could determine its trajectory in the coming months [1][2][3][5][6][8][9].

Source:

[1] https://www.ainvest.com/news/xrp-news-today-xrp-eyes-major-breakout-analysts-flag-key-resistance-levels-bullish-technical-signals-2508/

[2] https://coindoo.com/market/analyst-flags-key-xrp-buy-zone-ahead-of-possible-rebound/

[3] https://bravenewcoin.com/insights/xrp-price-prediction-xrp-begins-august-with-a-dip-but-divergence-signals-a-surprise-upside

[5] https://coingape.com/markets/xrp-price-prediction-analyst-predicts-4-70-surge-as-secs-project-crypto-fuels-bullish-outlook/

[6] https://m.economictimes.com/news/international/us/crypto-darling-xrp-under-pressure-price-dips-below-3-whats-causing-the-drop-is-a-massive-selloff-coming/amp_articleshow/123042471.cms

[8] https://coincentral.com/onchain-whale-movement-detected-same-wallets-that-pumped-xrp-100x-in-2024-start-adding-new-ai-coin/

[9] https://www.cryptotimes.io/2025/08/03/bitcoin-ethereum-xrp-price-prediction-for-august-what-lies-ahead