XRP News Today: XRP tests critical $3.15 support amid 3.2% 24-hour 12% weekly declines

XRP has become a focal point for buy-the-dip speculation as crypto analyst Ali (@ali_charts) identifies $3.15 as a critical support level. According to the expert, a failure to hold above this threshold could trigger a deeper retracement, potentially creating a favorable entry point for investors. Current market data shows XRP trading at $3.12, a 3.2% decline in the past 24 hours and a 12% drop over the last week, despite $8 billion in daily trading volume and a $185.3 billion market cap [1].

Technical analysis highlights the token’s struggle to maintain momentum after testing the $3.30–$3.35 range earlier in the week. Bearish candlestick patterns below key support levels suggest increased selling pressure, with traders closely monitoring whether XRP can reclaim $3.15 or face further downward movement toward the psychological $3 level [1]. Analysts argue that a correction to $3 could reset investor expectations, particularly as attention shifts to macroeconomic factors such as ETF speculation and institutional adoption of Ripple’s XRPL infrastructure [1].

The current dip has been described as a "healthy correction," with no major technical breakdowns observed. Proponents of XRP point to its historical performance—a 50,000% return for early adopters—as a benchmark for evaluating its potential. However, the token’s recent volatility underscores the need for caution. If momentum fails to shift in the near term, the next few days may present a golden opportunity for traders seeking discounted entry points [1].

Conflicting signals have emerged from the broader market. While some analysts forecast XRP could reach $5 by year-end, others highlight speculative risks, noting that two unnamed altcoins could outperform with 50x gains. These projections remain unverified, with no concrete data supporting their timelines [2]. Meanwhile, an analyst advised XRP holders to consider selling if the Altcoin Season Index surpasses 75, a metric often used to gauge market peaks [3].

Retail investors remain cautiously optimistic, with some speculating that 100 XRP tokens—currently valued at a modest price—could evolve into a life-changing investment if the bull run extends. This sentiment is tied to XRP’s utility in cross-border payments, though adoption metrics have yet to fully validate its long-term potential [4].

The market’s mixed signals reflect the complexity of XRP’s trajectory. Short-term technical indicators and sentiment-based analysis suggest buying opportunities, but long-term outcomes will depend on macroeconomic conditions, regulatory developments, and broader crypto cycles. Investors are urged to balance optimism with risk management, particularly given the asset’s inherent volatility [5].

Sources:

[1] [XRP Could Soon Present a Major Buy-the-Dip Opportunity, Crypto Expert Suggests] [https://coinmarketcap.com/community/articles/688813a0ee68857097c352b4/]

[2] [TheCryptoBasic] [https://thecryptobasic.com/2025/07/28/expert-who-asked-investors-to-buy-xrp-at-0-10-says-this-xrp-defi-bridge-will-rally-20x/]

[3] [Times] [https://timestabloid.com/analyst-suggests-you-sell-your-xrp-at-this-level-says-99-have-no-clue/]

[4] [CaptainAltcoin] [https://captainaltcoin.com/is-100-xrp-tokens-all-you-need/]

[5] [Mitrade] [https://www.mitrade.com/insights/news/live-news/article-3-992273-20250729]