XRP News Today: XRP Faces Critical Two-Day Decision as Bearish Pressure and SEC Uncertainty Weigh

Ripple’s XRP is at a pivotal two-day decision point as bearish sentiment continues to weigh on the market and technical indicators suggest weakening momentum. Over the past week, XRP has struggled to maintain a stable price level above $3.12, with the coin bouncing off its 50-day simple moving average after a brief dip below $3 on August 19. The recent decline has triggered heightened selling pressure, with the price facing rejection around the $3.40 level earlier in the month [2].

The situation has been exacerbated by a broader bearish trend in the crypto market, with major players such as Ethereum (ETH) and Bitcoin (BTC) also experiencing losses. Institutional selling pressure has amplified the downward movement, and XRP’s momentum indicators—particularly those measuring strength and volatility—show signs of exhaustion. This has led to concerns among traders that the coin may face deeper pullbacks if it fails to reclaim key resistance levels [2].

A critical development has been the U.S. Securities and Exchange Commission’s (SEC) delayed decision on ETF filings for Ripple’s XRP, including those from Bitwise, Canary, and Grayscale. The regulatory uncertainty has further compounded market anxiety, as investors remain cautious about potential legal implications affecting the token’s marketability [1].

On the technical side, XRP has managed to hold a crucial support level at $3.12 following a recent 11% price surge linked to a Ripple-SEC settlement. However, the coin’s path to recovery is far from clear, with key resistance now positioned at $3.38. Neutral momentum in the short term is being observed, suggesting that the market is in a waiting phase for a decisive move in either direction [3]. Analysts have pointed to the two-day timeframe as particularly critical, as it may determine whether XRP can stabilize and rally or continue its descent.

Meanwhile, broader market conditions remain mixed. Ethereum has seen failed attempts at recovery, slipping nearly 10% over five days as profit-taking and increased sell-side pressure take hold [4]. This trend is not isolated to ETH, as XRP’s weak performance mirrors that of other major cryptocurrencies amid heightened volatility.

The ripple (no pun intended) of this weakness is being felt across the sector, with traders and investors closely watching for signs of a broader correction. While there have been occasional positive signs, such as institutional interest and limited bullish activity, these have not been enough to counteract the prevailing bearish forces.

As XRP approaches this critical juncture, all eyes are on whether bulls can regain control or if the bears will continue to push the price lower. The next two days are expected to be decisive, not only for XRP but also as an indicator of wider market sentiment and investor confidence in the token's future [5].

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[1] Ripple Price Forecast: Investors show resilience as SEC ... (https://www.mitrade.com/insights/news/live-news/article-3-1049124-20250819)

[2] Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC ... (https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-eth-and-xrp-flash-weak-momentum-raising-risks-of-deeper-pullbacks-202508180334)

[3] XRP Price Holds $3.12 as Ripple-SEC Settlement ... (https://blockchain.news/news/20250817-xrp-price-holds-312-as-ripple-sec-settlement-aftermath-creates)

[4] ETH Price Fails to Reclaim $5000: Where To Next? (https://beincrypto.com/eth-price-fails-to-reclaim-5000/)

[5] XRP Targets $5 as Bulls Hold Ground, Shiba Inu Faces Key Pattern, Bitcoin Struggles Near $120K (from NEAR Protocol News)