XRP price has staged a strong rebound after last week’s pullback, recovering from lows near $3.09 to retest the $3.34 resistance zone. The move follows a clean bounce off the daily demand area around $3.00–$3.10, with spot netflow data showing $2.23M in outflows on August 9, suggesting accumulation by long-term holders. However, overhead trendline resistance is keeping price capped in the near term. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the daily chart, XRP price today is consolidating inside a descending triangle pattern that formed after the sharp rally toward $3.80 in late July. Price is now pressing against the triangle’s upper boundary around $3.34–$3.35. A breakout above this level could open the door toward $3.55–$3.56, which marks the next supply zone. XRP price dynamics (Source: TradingView) The recovery from $3.09 was supported by a strong bullish engulfing candle on August 8, which flipped short-term momentum. Demand remains visible in the $3.00–$3.10 zone, which aligns with prior breakout levels and the 4-hour Supertrend support at $3.098. Why XRP Price Going Up Today? XRP Spot Inflow/Outflow Data (Source: Coinglass) The main driver of why XRP price going up today is a combination of technical rebound and strong spot demand. Netflow data shows a $2.23M outflow from exchanges, often a sign of reduced sell pressure. Additionally, the DMI indicator on the 4-hour chart shows +DI at 25.09, slightly ahead of -DI at 23.76, indicating a bullish edge. XRP price dynamics (Source: TradingView) On the 4-hour Bollinger Bands, price is holding above the mid-band at $3.18, keeping the short-term structure positive. EMAs remain in bullish alignment, with the EMA20 at $3.212 and EMA50 at $3.182 acting as dynamic support. However, the upper Bollinger Band at $3.49 is the next upside reference, which may act as resistance before a potential continuation higher. Price Indicators Show Breakout Potential XRP price dynamics (Source: TradingView) Smart Money Concepts on the daily chart highlight a recent BOS (Break of Structure) from the $2.80 range, reinforcing the bullish market structure. A clean break above $3.34 with volume could see a direct move toward $3.55–$3.56. Beyond that, $3.80 remains the major upside target from the July highs. Conversely, failure to break above $3.34 could trigger a retest of $3.18 and $3.09. Losing $3.09 would shift focus toward the $2.87–$2.90 support zone, which also aligns with the 200 EMA on the 4-hour chart. Bollinger Band width remains moderately expanded, suggesting volatility is still active and capable of fueling a breakout if momentum builds. The Supertrend remains bullish above $3.098, reinforcing that buyers currently have control of the short-term trend. XRP Price Prediction: Short-Term Outlook (24H) If XRP price today closes above $3.34, the next 24 hours could see an impulsive push toward $3.49, followed by $3.55. Breaking past $3.56 would strengthen the case for a retest of $3.80. On the downside, a rejection from $3.34 may lead to a pullback to $3.18, with $3.09 as the critical support for bulls to defend. A drop below this level could shift sentiment bearish and target $2.87. Given the combination of bullish EMA structure, healthy spot outflows, and strengthening DMI readings, the short-term bias remains cautiously bullish, with $3.34 as the breakout trigger level. XRP Price Forecast Table: August 10, 2025 Indicator/Zone Level / Signal XRP price today $3.325 Resistance 1 $3.340 Resistance 2 $3.550 Support 1 $3.180 Support 2 $3.090 EMA20 / EMA50 (4H) $3.212 / $3.182 (Bullish Stack) 200 EMA (4H) $2.973 Bollinger Bands (4H) Mid: $3.182, Upper: $3.492 Supertrend (4H) Bullish above $3.098 DMI (4H) +DI 25.09, -DI 23.76, ADX 13.01 Spot Netflow (Aug 9) -$2.23M (Bullish Bias) Key Demand Zone $3.00–$3.10 Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.