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XRP Under Selling Pressure

18 Aug 2025by CryptoJazz Admin1 min read49 views
XRP Under Selling Pressure

πŸ”΅XRP remains under pressure, trading around $2.99 after a failed attempt to hold above $3.10. Strong resistance has formed in the $3.09–$3.20 zone, where key EMAs and VWAP converge, while technical indicators highlight a prevailing bearish momentum. RSI on lower timeframes signals oversold conditions, but MACD and Supertrend continue to confirm a downward bias.
πŸ”΅Key support lies near $2.95, an area of rising liquidity. A breakdown below this level could accelerate the decline toward $2.80, while holding it would create a chance for a rebound to $3.20. In the short term, XRP’s trajectory depends on the $2.95–$3.10 range: reclaiming it would return initiative to the bulls, while failure would strengthen selling pressure.

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