XRP (XRP) Price Prediction for August 15
The XRP price today is consolidating below $3.34 after staging a recovery from the early August lows near $2.72. The market is currently testing an important resistance zone while trading within a tightening symmetrical triangle, suggesting a breakout setup is in progress. Price action remains above multiple EMA supports, while on-chain flows show a mild outflow bias, hinting at reduced sell-side pressure.
What’s Happening With XRP’s Price?
On the 4-hour Fibonacci retracement map, XRP is hovering just below the 0.786 level at $3.46 after reclaiming the 0.618 mark at $3.30. The 0.50 level sits at $3.19 and has recently acted as a pivot for bullish continuation attempts. Chaikin Money Flow (CMF) stands slightly positive at 0.04, indicating mild capital inflow.
The symmetrical triangle visible on the price chart has its base support near $3.20 and resistance near $3.34. Price is coiling toward the apex, suggesting a directional move is approaching. Above $3.34, immediate resistance emerges at $3.46, with the prior swing high near $3.66 as the next upside target.
Why Is The …
The post XRP (XRP) Price Prediction for August 15 appeared first on Coin Edition.
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XRP (XRP) Price Prediction for August 15
The XRP price today is consolidating below $3.34 after staging a recovery from the early August lows near $2.72. The market is currently testing an important resistance zone while trading within a tightening symmetrical triangle, suggesting a breakout setup is in progress. Price action remains above multiple EMA supports, while on-chain flows show a mild outflow bias, hinting at reduced sell-side pressure.
What’s Happening With XRP’s Price?
On the 4-hour Fibonacci retracement map, XRP is hovering just below the 0.786 level at $3.46 after reclaiming the 0.618 mark at $3.30. The 0.50 level sits at $3.19 and has recently acted as a pivot for bullish continuation attempts. Chaikin Money Flow (CMF) stands slightly positive at 0.04, indicating mild capital inflow.
The symmetrical triangle visible on the price chart has its base support near $3.20 and resistance near $3.34. Price is coiling toward the apex, suggesting a directional move is approaching. Above $3.34, immediate resistance emerges at $3.46, with the prior swing high near $3.66 as the next upside target.
Why Is The …
The post XRP (XRP) Price Prediction for August 15 appeared first on Coin Edition.
Read More
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