XRP News Today: XRP Struggles to Break Key Resistance Amid Mixed Short-Term Outlook

Generated by AI AgentCoin World
Sunday, Aug 10, 2025 5:43 am ET2min read
XRP
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Aime RobotAime Summary

- XRP struggles to break above key resistance near $3.40, trading around $3.19 with bearish momentum on short-term charts.

- Analysts highlight mixed signals: Binance warns of continued downtrend, while Coin notes potential $3.34–$3.35 breakout.

- Long-term AI models project $10 by 2028–2030, driven by SEC's "bad actor" tag removal and regulatory clarity boosting sentiment.

- Short-term consolidation between $3–$3.20 is expected, with August 10 benchmarks and key support/resistance levels critical for direction.

XRP remains under pressure as the price struggles to break above key resistance levels ahead of the August 10 benchmark. The coin is currently trading around $3.19, with analysts highlighting a mix of bearish and

bullish
signals depending on the time frame and chart structure analyzed [2]. According to CoinMarketCap, bulls are losing momentum on the last day of the week, with the price of
XRP
down 4% in the previous 24 hours [2]. A false breakout of the $3.1618 support level has been observed on the hourly chart, and a daily close away from this level could push the price toward the $3.25 range [2].

On the broader daily chart, XRP continues its downward trajectory following a failed attempt to stabilize above the $3.3338 level. Analysts have noted the absence of clear reversal signals, reinforcing the likelihood of a continued correction [2]. From a midterm perspective, the asset is in a neutral zone, with neither bullish nor bearish forces currently dominating. Reduced trading volume further suggests a potential period of sideways consolidation within the $3–$3.20 range in the coming days [2].

A different view is offered by Binance, which notes that the XRP price remains capped below the $3.40–$3.43 zone, with key support levels identified at $3.14–$3.15 and $2.90–$2.95 [1]. The broader downtrend that began in mid-July is still intact, indicating that further bearish movement may be in play unless a strong bullish catalyst emerges.

On the more optimistic side, Coin highlights a potential breakout above the triangle’s upper boundary near $3.34–$3.35, which could open the door to the $3.55–$3.56 level [3]. This scenario, however, remains speculative as of now. A more conservative forecast from AInvest suggests a 1.57% price decline, with XRP potentially dropping to $2.95 by August 10 if it fails to break through key resistance [4].

Algorithmic forecasts also vary. One model estimates a target price of $3.1685 for August 10, with a potential range between $2.9467 and $3.49 [8]. Another analysis from AInvest points to a potential rebound to $3.27 in the short term, with traders watching closely for a breakout toward $3.49 [8].

In the longer term, AI-driven estimates suggest that XRP could reach $10 between 2028 and 2030, with the possibility of an earlier breakout if an altcoin supercycle emerges [6]. These projections are based on bullish patterns and renewed regulatory clarity, including the SEC’s recent decision to remove Ripple’s “bad actor” tag, which has already driven a 10% surge in XRP on the back of positive sentiment [7].

While the immediate outlook for XRP remains mixed, with consolidation and potential breakouts on both sides of the $3.20–$3.40 range, the longer-term narrative is gaining strength due to regulatory developments and technical setups. Traders are advised to monitor key levels closely, as a decisive move in either direction could redefine the near-term trajectory of XRP [1][2][3][4][6][7][8].

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[1] Binance (2025, August 7). XRP Price Prediction for Today (August 10). https://www.binance.com/en/square/post/281181****8033

[2] U.Today (2025, July 13). XRP Price Prediction for August 10. https://u.today/xrp-price-prediction-for-august-10

[3] Coin (2025, August 5). XRP (XRP) Price Prediction for August 10. https://coinedition.com/xrp-xrp-price-prediction-for-august-10/

[4] AInvest (2025, August 6). XRP News Today: XRP Rebounds to $3.34 on Legal .... https://www.ainvest.com/news/xrp-news-today-xrp-rebounds-3-34-legal-clarity-bullish-technical-signs-2508/

[6] The (2025, August 9). XRP Price News: With SEC Battle Over, Can XRP Hit $5, .... https://thecryptobasic.com/2025/08/09/xrp-price-news-with-sec-battle-over-can-xrp-hit-5-10-or-20/

[7] CoinGape (2025, August 5). XRP Price Prediction as

Ripple
vs SEC Lawsuit Ends. https://coingape.com/markets/xrp-price-prediction-as-ripple-vs-sec-lawsuit-ends-multiple-analysts-see-a-breakout-to-10-imminent/

[8] AInvest (2025, August 8). XRP Consolidates Near $3.27 Amid Key Resistance and .... https://www.ainvest.com/news/xrp-news-today-xrp-consolidates-3-27-key-resistance-support-watch-2508/