XRP (XRP) Price Prediction for August 16
The post XRP (XRP) Price Prediction for August 16 appeared on BitcoinEthereumNews.com.
After a volatile drop earlier in the session, XRP price has stabilized around $3.12, rebounding off the 200 EMA on the 4-hour chart. The move comes after sellers rejected price near $3.32, a zone aligning with the 0.618 Fibonacci retracement, triggering a corrective leg toward key support. With spot inflows turning positive, traders are watching for signs of a short-term reversal. XRP Price Forecast Table: August 16, 2025 Indicator/Zone Level / Signal XRP price today $3.12 Resistance 1 $3.20–$3.21 (EMA/Mid-BB) Resistance 2 $3.32 (Fib 0.618) Support 1 $3.04 (200 EMA, 4H) Support 2 $2.93 (Fib confluence) RSI (4H) 52.0 (recovering) MACD (30-min) Attempting bullish crossover Bollinger Bands (4H) Contracting, reduced volatility VWAP (30-min) $3.11 (slightly bullish) Spot Netflow (24H) +$10.61M (buying pressure) Key Liquidity Levels (Daily) $3.47–$3.68 (weak-high zone) What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the 4-hour chart, XRP recently failed to sustain above the $3.32 resistance level, which corresponds with the 61.8% Fibonacci retracement of its recent swing. The rejection sparked a decline to $3.04, where the 200 EMA provided structural support. Price has since recovered modestly but remains capped by the 20 and 50 EMA cluster between $3.17 and $3.18. XRP price dynamics (Source: TradingView) Bollinger Bands on the 4-hour timeframe are narrowing after the decline, signaling reduced volatility. The mid-band sits near $3.20, now acting as short-term resistance. On the daily chart, Smart Money Concepts show XRP holding above the last break-of-structure level near $3.00, keeping the broader uptrend intact despite near-term weakness. Why Is The XRP Price Going Down Today? XRP price dynamics (Source: TradingView) Why XRP price going down today can be traced to a confluence of overhead technical barriers and a shift in short-term momentum. The drop from $3.32 came as price met the upper boundary of the Bollinger…
