XRP price rebounded 5.69% in a volatile 24-hour session, fueled by volume spikes and aggressive buying near support. XRP bulls defended the $2.82 level, recovering to $2.93 after steep losses earlier in the day. This comeback marked a high-stakes showdown at the $3.00 resistance as broader markets digested $360 million in liquidations.
XRP Price Swings as Bulls Counter Whale Selling
XRP price endured sharp intraday pressure, falling to $2.82 during heavy selling between 13:00 and 15:00 UTC. Whale groups also contributed to this decline by precipitating liquidations into the rally, thus frightening shorts. However, XRP bulls responded swiftly, anchoring bids and reversing losses on rising volume.
Bulls were gathering steam, turning up the volume to 155 million during the 14:00 UTC hour and stepping on the gas compared to the day-average of 63 million. Those flurries of activity played on signs of institutional positioning and retail interest as the wider market embarked on a shakeout. Despite resistance at $2.99, XRP bulls continued to pressure the upside.
The closing price at $2.93 left XRP within striking distance of the key $3.00–$3.10 resistance band. Technical The technical setups were in favour of the buyers who were able to ensure that they maintained daily closes above $2.85. That level remains essential for sustaining XRP bulls’ current market structure.
XRP Bulls Monitor Breakout Signal Completion
A popular chartist on X pointed to the completion of a nine-stage reversal cycle in XRP’s recent chart behavior. Historically, this pattern preceded notable rallies in the token, including prior surges to local highs. With signal “9” now complete, XRP bulls are eyeing a breakout with renewed conviction.
#XRP – Linear Regression Analysis (Log Scale) 🔍 and The Bent Fork (Zoomed-In Version):
Take a close look at the chart below! As I zoom in, remember to keep track of the MACRO view to fully understand the significance of this analysis. 🧐
Zoomed-In Insights:
1️⃣ Closing above… pic.twitter.com/ESyUS62yUt
— EGRAG CRYPTO (@egragcrypto) August 20, 2025
Support levels held firm during the volatile session, particularly the $2.85 daily close level that many consider pivotal. As selling pressure eased, market data showed reduced whale activity and rising confidence among short-term buyers. This created an environment where XRP bulls saw opportunity.
The level of resistance is close to the area of $3.003.10, where it ended recent advances and triggered defensive trading by short-side traders. Once XRP bulls surpass this point with high volume, there is a higher possibility towards the direction of the $4.00 mark. That would correspond to 37% capital gain over existing levels, a major short-term focus magnet.
Market Momentum Builds Amid Liquidations
The crypto market recorded $360 million in liquidations, pressuring sentiment across altcoins and majors. As institutions rotated out of risk assets, defensive flows increased, including strategic bids into XRP support zones. Despite broader weakness, XRP bulls stabilized price with resilience and strong volume.
Analysts now point to $3.17 as a long-watched breakout trigger, which could unlock further upside toward $5.00. However, a breakdown below $2.85 would endanger the bullish structure and potentially drive price to $2.65. Market watchers continue tracking daily candles and intraday volume to assess the next move.
XRP bulls now face a decisive moment as technical momentum favors their cause if volume remains high. The $2.90–$3.10 band has become a battleground for control. Whales remain active, but their selling has weakened, giving bulls a tactical edge.
Summary
XRP surged nearly 6% amid intense trading, climbing from $2.82 to $2.93 on high volume and support buying. Despite pressure from whale sales and broader liquidations, XRP bulls defended key levels. Moving above the price range of $3.00- 3.10, this gives it the chance to rise to the next technical resistance of $4.00, though the key support levels should be around $2.85.
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FAQs on XRP Bulls
What caused XRP’s 6% swing?
XRP’s price moved due to volume surges, support buying, and market-wide liquidations, triggering volatility.
Why is the $2.85 level important?
$2.85 is the immediate support level. Closing above it keeps XRP bulls in control of the trend.
What does the completed reversal signal suggest?
The nine-stage reversal suggests a bullish trend, with previous appearances leading to major rallies.
Where is the major resistance for XRP?
XRP faces resistance between $3.00 and $3.10. A breakout above this range could open up room to $4.00.
What’s the longer-term bullish target for XRP?
Analysts view $3.17 as the breakout zone. A rally beyond that may target the $5.00 mark.
Glossary of Key Terms
XRP: Ripple is a company that uses the cryptocurrency XRP, which allows making fast and cheap cross-border payments.
XRP Bulls: Buyers or investors hoping that the price of XRP will gain.
Resistance Level: A price level, at which sales should arise to discourage further price rises.
Support Level: A price point where a buyer interest is supposed to occur that will stop the trend of falling prices.
Volume: the quantity of XRP tokens that have been bought or sold during a certain period of time, which shows the activity of the market.
Whales: Big investors or entities that have big amounts of cryptocurrency.
References:
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