The XRP price today stands at $3.15, posting a 2.2% gain on the session after buyers absorbed pressure from last week’s rejection near $3.45. Price action now sits inside a contracting triangle, with momentum indicators showing mixed signals. Bulls are attempting to stabilize XRP above the $3.10–$3.12 area, a zone aligned with key EMAs and liquidity levels, while traders await clarity for the next breakout attempt. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) XRP is still high on the daily chart after breaking through $2.60 in July, but it hasn’t been able to keep up the momentum past the weak high of $3.60. A change in the market structure (MSS) close to $3.45 caused consolidation, and the current range is getting smaller, between $3.05 and $3.30. The fact that there are a lot of liquidity swings around this band shows how important this consolidation is for short-term direction. XRP price dynamics (Source: TradingView) The 4-hour chart shows that XRP is trading in a symmetrical triangle. Resistance is at $3.28, and support is forming near $3.05. The Money Flow Index is at 21, which is very low and shows that capital outflow has slowed down. If the support zone holds, accumulation may start. Why Is The XRP Price Going Down Today? XRP price dynamics (Source: TradingView) The XRP price drop in the short term is because it keeps failing to break through the $3.45–$3.60 supply zone, which the Supertrend indicator confirmed by turning bearish at $3.45. The DMI readings back up this weakness, with -DI leading at 25.8 against +DI at 20.0, showing that sellers are in charge right now. XRP Spot Inflow/Outflow (Source: Coinglass) Exchange data further supports this bearish tilt. Spot flows show a net outflow of -$6.95M on August 16, implying consistent distribution pressure. However, these outflows have moderated compared to July, hinting that bears are losing some strength. Indicators Signal Range-Bound Compression XRP price dynamics (Source: TradingView) The EMA cluster (20/50/100/200) is tightly packed between $3.04 and $3.16, confirming a balance point. Price is currently hovering above the EMA100 ($3.14) and EMA200 ($3.04), with both levels acting as pivot supports. Keltner Channels and Bollinger Bands highlight narrowing ranges around the $3.10–$3.15 region. This compression often precedes expansion, leaving traders on alert for a volatility-driven move over the next sessions. XRP price dynamics (Source: TradingView) The Fibonacci retracement from the $3.66 peak to the $2.72 swing low shows XRP stalling around the 0.5 ($3.19) and 0.618 ($3.30) retracement levels. These areas represent critical barriers for bullish continuation. Meanwhile, the True Strength Index remains in negative territory at -11.6, suggesting momentum is still subdued. Yet the Parabolic SAR on the 4-hour chart is nearing a bullish flip if price closes above $3.20. Together, these indicators reinforce that XRP is in a compression phase, awaiting breakout confirmation. XRP Price Prediction: Short-Term Outlook (24H) For August 17, XRP’s outlook hinges on whether bulls can defend the $3.10 base. Holding this zone could see a push toward $3.20–$3.28, with $3.30 as the breakout trigger. A decisive close above $3.30 would likely target $3.46 and potentially $3.60 again. On the downside, losing $3.05 risks a deeper correction toward $2.95 and $2.72, with the latter being the July swing low. Given oversold MFI and narrowing volatility bands, the probability of a breakout event in either direction is increasing, with the $3.10 pivot acting as the deciding line. XRP Price Forecast Table: August 17, 2025 Indicator/Zone Level / Signal XRP price today $3.15 Resistance 1 $3.28–$3.30 Resistance 2 $3.45–$3.60 Support 1 $3.05 Support 2 $2.95 / $2.72 EMA Cluster (20/50/100/200) $3.16 / $3.15 / $3.14 / $3.04 Supertrend (Daily) Bearish under $3.45 DMI -DI 25.8 > +DI 20.0 (Bearish) MFI (14) 21.0 (Oversold) TSI (4H) -11.6 (Bearish) Spot Exchange Netflow -$6.95M (Outflows) 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.