{"content":"📉 XRP Market Analysis: August 24, 2025 📊 On August 24, 2025, at 1:30 p.m. Eastern time, XRP was trading at $3.03 with a market capitalization of $180 billion and a 24-hour trading volume of $3.36 billion. The price fluctuated between $3 and $3.08, indicating tight consolidation amid moderate volatility. 📈 The 1-hour chart showed an attempt for a micro breakout to $3.089 but faced rejection, dipping to $2.997 which established a higher low. This suggests a nascent short-term uptrend near $3.03, although the movement lacks strong bullish momentum with declining trading volume. A confirmed break above $3.06 to $3.09 with increased volume would provide a more convincing bullish signal. 📉 The 4-hour chart depicted consolidation after a sharp spike to $3.106 from $2.783. This rally was likely driven by a short squeeze or a news catalyst, as indicated by the volume surge. Since then, XRP has been moving sideways between $3.00 and $3.05, forming a structure that could evolve into a bullish flag. A breakout above $3.11 on strong volume would target the $3.30 to $3.40 resistance range. ➡️ However, the daily chart reveals a continuing macro downtrend with a series of lower highs and lows. Current prices are consolidating between $3.00 and $3.10. A failed bullish breakout above $3.30 earlier in the trend confirms weak bullish conviction. Trading volume remains subdued except during significant red candles, indicating limited buyer interest. ⚖️ Oscillator readings across all timeframes convey a mixed but generally neutral bias. The relative strength index (RSI) at 49.44, the Stochastic oscillator at 47.06, and the commodity channel index (CCI) at -34.42 all indicate neutrality. The average directional index (ADX) at 17.91 and the Awesome oscillator at -0.14 do not provide a decisive trend signal. 🔴 Bull Verdict: If XRP breaks above the $3.11 resistance with strong volume, the short-term outlook turns bullish, potentially targeting the $3.30 to $3.40 zone.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/25/309130eb5c8038ad3bd1070d8249d344.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}