{"id":8328,"date":"2025-08-20T11:32:04","date_gmt":"2025-08-20T11:32:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-prediction-can-ripple-hold-above-2-85-today\/"},"modified":"2025-08-20T11:32:20","modified_gmt":"2025-08-20T11:32:20","slug":"xrp-price-prediction-can-ripple-hold-above-2-85-today","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-prediction-can-ripple-hold-above-2-85-today\/","title":{"rendered":"XRP price prediction: Can Ripple hold above $2.85 today?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Ripple\u2019s XRP token is facing potential selling pressure this week with critical support levels now being tested. Major holders sold off 460 million tokens, triggering a 13% price drop over the course of about a week, with $2.85 now being eyed by traders as the next support frontier. <\/p>\n<p>This situation has changed the Ripple price forecast from bullish to cautious according to crypto.news analysts.<\/p>\n<div id=\"cn-block-summary-block_407225cc2af044828a82e8890961df71\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>The current price scenario for XRP may be influenced by Jerome Powell\u2019s upcoming speech at Jackson Hole on Friday, August 22, 2025<\/li>\n<li>Key signs XRP could slide lower include high profit margins that could trigger a selloff, a bearish RSI, and next support levels being at $2.74 and possibly $2.63.<\/li>\n<li>The XRP price prediction for today may be bearish due to these factors, depending on whether support holds at $2.85.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\">\n<p>Table of Contents<\/p>\n<nav>\n<ul>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#current-xrp-price-scenario\">Current XRP price scenario<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#key-signs-xrp-could-slide-lower\">Key Signs XRP could slide lower<\/a><\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"#xrp-price-prediction-for-today\">XRP price prediction for today<\/a><\/li>\n<\/ul>\n<\/nav>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"current-xrp-price-scenario\">Current XRP price scenario<\/h2>\n<p>Major wallets began reducing their exposure to a potential price drop in anticipation of Fed Chair Jerome Powell\u2019s speech which will take place on Friday, detailing new Federal Reserve policies that could impact price.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>If Powell signals interest rate cuts, liquidity and risk appetite could boost crypto prices, but a hawkish tone may trigger further sell-offs.<\/p>\n<p>As a result, XRP is now trading at $2.90.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">XRP 1D chart | source: crypto.news<\/figcaption><\/figure>\n<p>Breaking out of a symmetrical triangle trading pattern, XRP dropped under the 50-day moving average and slipped from the $2.95 price point seen yesterday. Upcoming support levels include $2.74 and $2.63. XRP price has dropped by -11.6% over the last 7 days and by -18.52% in the past month.<\/p>\n<h2 class=\"wp-block-heading\" id=\"key-signs-xrp-could-slide-lower\">Key Signs XRP could slide lower<\/h2>\n<h3 class=\"wp-block-heading\" id=\"1-high-profit-margins\">1: High profit margins<\/h3>\n<p>93% of the circulating supply of XRP is in profit. While this is, of course, a positive result for holders, it could prompt many to take profits at this juncture, possibly leading to a selloff.<\/p>\n<h3 class=\"wp-block-heading\" id=\"2-bearish-technical-structure\">2: Bearish technical structure<\/h3>\n<p>The RSI has dipped to oversold territory, with candlestick formations <\/p>\n<p>Indicators confirm the weakening structure. The RSI has dipped to 35, approaching oversold territory, while candlestick formations such as \u201cthree black crows\u201d leading to analysts to consider a bearish scenario.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1755689524_39_XRP-price-prediction-Can-Ripple-hold-above-285-today.png\" alt=\"XRP price prediction: Can Ripple hold above $2.85 today? - 2\" class=\"wp-image-14407039\"><figcaption class=\"wp-element-caption\">XRP 1D chart from July 19 to August 20 with RSI | source: crypto.news<\/figcaption><\/figure>\n<p>A short-term price bounce could follow this kind of oversold reading, but the overall forecast remains cautious\/negative for the time being. This situation would be reviewed if XRP could make it back to the resistance band identified at $2.95 \u2013 $3.15.<\/p>\n<h3 class=\"wp-block-heading\" id=\"3-next-support-levels\">3: Next support levels<\/h3>\n<p>If XRP is seen to break below $2.85, as several signs are now flagging as a possibility, the next support levels are $2.74 and perhaps $2.63. However, traders would need to exhibit strong confidence in buying the dip in order for XRP to stabilize. Otherwise, any upcoming correction has the potential for further downside.<\/p>\n<h2 class=\"wp-block-heading\" id=\"xrp-price-prediction-for-today\">XRP price prediction for today<\/h2>\n<p>All depends on whether XRP can hold at $2.85 today and throughout the week as we approach Powell\u2019s speech. A bounce could trigger upside towards the $3.02 range, although as stated, the momentum shown on chart indicators show that sellers are currently holding the reigns.<\/p>\n<p>As such, the current Ripple crypto price prediction is somewhat bearish, with current projections indicating a possible slide to $2.74. <\/p>\n<p>Crypto.news analysts recently predicted XRP\u2019s current slide below $3.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Traders might do well to keep expectations balanced, as the short-term outlook for Ripple remains defensive until key resistance levels are reclaimed.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2019s XRP token is facing potential selling pressure this week with critical support levels now being tested. Major holders sold off 460 million tokens, triggering a 13% price drop over&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8328"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8328\/revisions"}],"predecessor-version":[{"id":8330,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8328\/revisions\/8330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8329"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}