XRP (XRP) Price Prediction for August 11
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After a sharp rally to $3.72 earlier this month, XRP price has pulled back into a tightening range near $3.20. Buyers are defending the $3.09–$3.10 support area, while sellers are capping gains under $3.40. The next 24 hours hinge on whether price can reclaim short-term moving averages and break above descending trendline resistance.
What’s happening with XRP’s price?
On the daily chart, XRP price today remains above its July breakout zone near $2.80, keeping the higher-timeframe structure bullish. The recent decline from $3.72 has brought the market into a symmetrical triangle on the 4H chart, with converging resistance at $3.368–$3.400 and support aligning near $3.093.
The 4H EMAs show mixed positioning: EMA20 at $3.213 is acting as immediate resistance, while EMA50 ($3.141) and EMA100 ($3.104) sit below current price, offering layered support. The EMA200 at $2.985 is a deeper cushion and aligns with the high-volume demand zone from early August.
The Parabolic SAR on the 4H timeframe is currently above price, starting near $…
The post XRP (XRP) Price Prediction for August 11 appeared first on Coin Edition.
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