XRP News Today: XRP Falls 0.8% After Breaking Key Support at $3.2319 Bears Target $3.10

XRP is navigating a correction phase following the breach of a critical support level at $3.2319, signaling heightened bearish pressure in the short term. The asset’s price has declined 0.8% over the past 24 hours, with hourly charts indicating a breakdown below this key threshold, increasing the likelihood of further downward movement [1]. Analysts at COINOTAG note that sustained selling pressure could drive prices toward $3.10 by week’s end, with the $3.00 level emerging as a pivotal target for traders [2]. A weekly close below $3 could amplify bearish sentiment, potentially pushing the price toward $2.80 [3].

The correction aligns with broader crypto market trends, as reported by CoinMarketCap, which highlights a cautious trading environment amid heightened volatility [4]. XRP/USD pairs show signs of fragility, with bulls failing to sustain gains above $3.23. Traders are advised to monitor the $3.00 support zone closely, as a sustained break could trigger renewed selling waves [5]. Meanwhile, the current trading price of $3.1569 reflects a delicate balance between bearish momentum and potential stabilization cues [6].

From a technical perspective, the hourly chart reveals a clear breakdown, while the daily timeframe underscores the inability of bullish forces to maintain recent advances. COINOTAG analysts emphasize the importance of daily and weekly candle closures in determining the next directional bias. A failure to reclaim key support levels may invite further corrections, whereas a stabilizing price action above $3.10 could offer a reprieve [7].

Market participants should remain vigilant, as the path of least resistance appears downward in the immediate term. The $3.00 level, in particular, will serve as a critical battleground for buyers and sellers. Midterm implications remain uncertain, but analysts caution that a weekly close below $3 would signal a higher probability of testing the $2.80 threshold [8]. Traders are encouraged to implement risk-management strategies, including stop-loss orders, to mitigate potential losses amid the volatile environment.

The analysis underscores the interplay of technical levels and market psychology in shaping XRP’s trajectory. While long-term forecasts remain premature, the focus for the coming days will be on price action around $3.10 and $3.00. COINOTAG will continue to provide updates on evolving market conditions to support informed decision-making [9].

Source:

[1] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[2] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[3] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[4] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[5] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[6] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[7] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[8] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)

[9] [XRP Faces Potential Further Correction Amid Market Uncertainty, Key Support Levels Under Watch July 28, 2025](https://en.coinotag.com/xrp-faces-potential-further-correction-amid-market-uncertainty-key-support-levels-under-watch/)