XRP is trading at $2.88 per coin, giving it a market capitalization of $171.30 billion and a 24-hour trading volume of $6.31 billion. The intraday price range of $2.872 to $3.09 points to a consolidating price action amidst recent bearish momentum. XRP On the 1-hour chart, XRP exhibits clear bearish microstructure, with successive lower highs and lower lows establishing a defined downtrend. Volume spikes on red candles confirm that selling momentum remains dominant at this timeframe. Price is consolidating tightly around $2.87, indicating indecision and the possibility of a short-term reaction. A bullish reversal pattern near this level, such as a hammer or bullish engulfing candle, could trigger a speculative bounce, though risk management remains critical. Should $2.87 break convincingly, the next downside target appears between $2.75 and $2.78. XRP/USDC 1-hour chart on Aug. 19, 2025. The 4-hour chart reflects a pronounced downtrend, catalyzed by a failure to reclaim the $3.10 resistance level. Earlier rejection near $3.35 signaled the reversal, which was further validated by strong bearish volume on subsequent breakdowns. XRP is testing the $2.87 support repeatedly, suggesting increased vulnerability to a breakdown. While aggressive traders might attempt a speculative long near this level, confirmation is essential. A breach below $2.87 with accompanying volume could accelerate losses toward the $2.70 range. XRP/USDC 4-hour chart on Aug. 19, 2025. XRP’s daily chart reveals a completed double top pattern followed by a rounded top structure, suggesting trend exhaustion after a rally from around $2.20 to a recent peak of $3.66. The pullback has been accompanied by increasing red volume, underscoring the prevailing bearish sentiment. Support is consolidating near $2.87–$2.90, aligning with the broader market’s short-term defensive stance. Until price reclaims the $3.00 level with strong volume confirmation, traders are likely to remain cautious or skewed bearish. Resistance at $3.10–$3.30 may act as a ceiling for any relief rallies in the near term. XRP/USDC 1-day chart on Aug. 19, 2025. Across all timeframes, oscillators are predominantly neutral with mild bearish leanings. The relative strength index (RSI) stands at 41.32, suggesting neither oversold nor overbought conditions. The Stochastic oscillator reads 24.42, and the commodity channel index (CCI) is at −89.86—both indicating proximity to oversold zones without confirming a reversal. The average directional index (ADX) at 22.72 reflects a weak trend, while the Awesome oscillator shows a slight negative value of −0.11271, aligning with the observed downward bias. Momentum at −0.34915 and the moving average convergence divergence (MACD) at 0.01303 both signal bearish conditions, reinforcing caution on long entries. Moving averages collectively signal a dominant bearish trend in the short and medium terms. The exponential moving averages (EMAs) and simple moving averages (SMAs) for 10, 20, and 30 periods all point to negative signals, with respective values ranging between $3.05 and $3.13, indicating price remains well below key dynamic resistance levels. However, longer-term indicators provide a mixed signal: both the 100-period EMA at $2.73 and the 200-period EMA at $2.45 flash positive signals, as do their SMA counterparts. This suggests the broader trend is intact, but near-term weakness may persist unless the price can decisively break above $3.00. Bull Verdict: A bullish scenario remains viable if XRP holds above the $2.87 support with volume-backed confirmation and reclaims the $3.00–$3.10 resistance zone. In that case, a recovery toward the $3.30 range may unfold, potentially reigniting the broader uptrend supported by favorable long-term moving averages. Bear Verdict: The bearish outlook prevails if XRP decisively breaks below the $2.87 support level, exposing the asset to accelerated downside pressure toward $2.70 and potentially lower. Persistent sell signals across short- and medium-term indicators, coupled with high-volume rejections, reinforce a cautious stance until the trend structure shifts.