XRP News Today: XRP Slides 8.4% This Week as Technicals Highlight Price Containment

XRP has experienced a 8.4% decline over the past week, remaining confined within a tight trading range between $3.10 and $3.26 as of July 29, 2025. The token’s price currently stands at $3.17, showing no clear directional bias amid ongoing consolidation. Over the last seven days, downward pressure has persisted, with the token unable to establish a breakout in either direction. The XRP/BTC pair has also fallen 2.6% to 0.00002670 BTC, reflecting the continued weakness in its cross-market performance [1].

Technical indicators paint a picture of indecision in the market. The Relative Strength Index (RSI 14) is fluctuating within a neutral range of 39.70 to 48.88, indicating a lack of strong momentum from either buyers or sellers. This indecisive behavior is reinforced by the fact that RSI values have not breached overbought or oversold levels, remaining in the middle band for several days. This suggests the token is consolidating, with traders hesitant to commit to a bullish or bearish position [1].

The Moving Average Convergence Divergence (MACD 12 26) further highlights the lack of a clear trend. The positive MACD histogram stands at +396.9 million, while the negative component is at -712.8 million. The net MACD value is -1.11 billion, indicating that bearish forces continue to dominate despite occasional short-lived bullish attempts. The histogram’s weak and inconsistent positive readings suggest the market lacks the strength to break out of its current range [1].

Market volume has also failed to support a clear direction. Neither buying nor selling activity has generated sustained momentum. RSI remains within a horizontal channel, and MACD continues to reflect sporadic volatility rather than a coherent trend. These conditions reinforce the price containment, with XRP likely to remain within its defined range until either the $3.26 resistance level is breached or the $3.10 support level is tested [1].

The broader market reaction is mixed, with hourly indicators showing no strong trend bias. Traders are closely watching for any sign of a breakout, but so far, technical indicators have not provided a clear signal. The lack of decisive movement has left the asset in a state of limbo, with neither bears nor bulls able to gain control over the near term.

Source: [1] XRP Slides 8.4% This Week, Technicals Show Continued Price Containment (https://cryptonewsland.com/xrp-slides-8-4-this-week-technicals-show-contin/)