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XRP (XRP) Price Prediction for August 7
Aug 6, 2025
< 1 min read
by Parshwa Turakhiya
for CoinEdition
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After briefly reclaiming the $3.00 handle, the XRP price today has retraced below $2.96, as sellers stepped in near major EMA clusters and the midline of the descending trend channel. Price action remains under pressure following a confirmed Change of Character (CHoCH) on the daily chart, while the trend bias has tilted slightly bearish for the short term.
XRP Price Forecast Table: August 7, 2025
| Indicator/Zone | Level / Signal |
| XRP price today | $2.95 |
| Resistance 1 | $3.09 (trendline + weak high) |
| Resistance 2 | $3.40 (Fibonacci + pitchfork) |
| Support 1 | $2.91 (channel midline + VWAP) |
| Support 2 | $2.78 (Fibonacci + structure low) |
| Trend Channel (4H) | Bearish slope since late July |
| EMA Cluster (20/50/100/200, 4H) | Above price, acting as resistance |
| Supertrend (1D) | Bearish below $3.45 |
| Parabolic SAR (4H) | Flipped Bearish |
| VWAP (30-min) | $2.93–$2.95 (price under VWAP) |
| RSI (30-min) | 52.27 (neutral) |
| Spot Netflow (Aug 6) | +$2.49M (mild positive bias) |
| Futures Open Interest | $7.08B (down 4.8%) |
What’s Happening With XRP’s Price?
On the 4-hour chart, XRP price action is currently trapped inside a descending parallel channel that started forming in late July. The recent attem…
The post XRP (XRP) Price Prediction for August 7 appeared first on Coin Edition.
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