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…

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