Forecast for Ripple's Coin Value on August 6th
The current trading price of XRP hovers around $3.20–$3.28, with a cautious bearish pressure present. The short-term trend is cautiously bullish, but only if XRP manages to hold key support levels above $3.20 and a decisive breakout with volume confirms upward momentum.
Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show weakening momentum, and recent whale sell-offs have added downward pressure. The price action on the hourly chart shows that the rate of XRP has fixed above the local level of $2.9684, indicating a potential consolidation in the zone of $2.90-$3.10.
From a medium-term perspective, the interim level of $2.80 is significant. If the $2.80 level breaks out, a potential decline towards $2.60 may occur. However, if XRP can hold above this level, the focus shifts to the $3.45 resistance, where a bullish breakout could potentially lead to a rise in price.
Looking further into the future, multiple sources, including CoinStats, show optimism among some analysts who target XRP reaching $10 or higher in 2025 if key resistance levels break and institutional support strengthens. Some data even forecast a potential price rally to $17+ by 2030, indicating substantial long-term appreciation potential.
In summary, the current price trend of XRP is cautious with some bearish signals, but the short-term bias is cautiously bullish if XRP holds key support levels near $3.20. From a midterm perspective, the interim level of $2.80 is significant, while the longer time frame analysis shows a less bullish situation for XRP. The price is far from the main levels, indicating low chances of increased volatility. The focus for a potential decline is on the $2.60 mark, and the price of XRP is almost unchanged since yesterday.
[1] CoinStats Data (as of mid-August 2025) [2] Denys Serhiichuk’s Analysis [3] XRP Price Prediction Sources (2025) [4] XRP Price Prediction Sources (2030) [5] Long-term XRP Appreciation Potential Forecasts
Crypto analysts, like those using CoinStats, are optimistic about XRP's future price prediction, targeting it to reach $10 or higher in 2025, when key resistance levels break and institutional support strengthens [3]. However, based on the current trading price and technical indicators, finance experts suggest a cautious approach [1]. With the short-term trend cautiously bullish, the focus is on holding key support levels for XRP trading, such as $3.20, to confirm an upward momentum [1, 2]. Looking further into technology advancements, some data forecast a potential price rally to $17+ by 2030, indicating substantial long-term appreciation potential [4, 5].
