$XRP Choppy Decline – Downside Risks Looming? $XRP has slip
Crypto Insight Bulletin
Updated at: 13 hours ago
{"content":"$XRP Choppy Decline – Downside Risks Looming?
$XRP has slipped -0.75%, plummeting from 3.3565 to 2.9810 before edging up to 3.0707, with the 1H chart showing persistent red candles and weak recovery, highlighting exhaustion in Ripple's token.
Trade Setup – Short Opportunity
• Entry Zone: $3.07 – $3.09
• Stop Loss: Above $3.15
• TP1: $3.00
• TP2: $2.95
• TP3: $2.90 (extended target)
Market Insight:
Volume at 765.01M XRP reflects selling pressure, with sentiment scores dropping to 63.4 on X indicating caution. Bears dominate below $3.10, and a break of support could target $2.60 as per technical breakdowns; however, history shows August gains of 6.2%, suggesting possible consolidation before any bigger move. Watch for catalysts like ETF news to flip the trend.
#Xrp🔥🔥 #Xrp🔥🔥 #TradeSignal #InsightBulletin
Trade $XRP here👇🏻
{future}(XRPUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/15/944d0ea0498aaa389dead445e033cf88.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}