Bulls Tighten Their Grip on XRP, Setting the Stage for a $3.10 Breakout!

Jakarta, Pintu News – On August 21, XRP (XRP) was trading under pressure below the $3.00 resistance zone. The price is still struggling to break back above the $2.95 and $3.00 levels.

Sellers remain active at higher levels, thus limiting any upside attempts. Even so, the market structure still tends to favor buyers as long as the key support area is not broken.

XRP Bullish Outlook Remains Strong Above $2.80

XRP is showing solid resilience in the $2.80 area, where the support level coincides with the 50-day moving average and value area high. According to CRYPTO MINING FIRM’s post on X, this confluence of indicators further strengthens the bullish outlook.

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Market analysts emphasize that XRP’s correction is more of a bullish retest than a sign of weakness. The token continues to print higher high and higher low patterns, maintaining its long-term uptrend.

Higher-than-average buying activity around $2.80 also confirms the presence of strong demand, supporting the view that accumulation is underway at this level.

The overlap of the $2.80 area with long-term support makes it a crucial accumulation zone. Traders highlight that consolidation around this level could potentially form a strong foundation.

XRP doesn’t need a quick breakout, as a steady price movement above this area could pave the way for further gains.

Egrag Crypto analysts said XRP’s bullish outlook will be maintained as long as the daily close is above $2.80. Sustained trading volume could potentially push the token past its last swing high.

If momentum is maintained, this strength could be the foundation towards new record highs in the coming sessions.

With XRP stabilizing around $2.90, market conditions look favorable for a possible breakout. Buyers continue to step in at important support levels while selling pressure appears to be weakening.

If the $2.80 foundation holds, technical indicators hint at the potential for a stronger expansion phase to begin soon.

Key Resistance Levels and Downside Risks

The closest support is around $2.85, with a daily close at this level considered crucial.

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A popular crypto analyst at X mentioned that the resistance level is still in the range of $3.00 to $3.10. If the price is able to break out of that area with strong volume, it could be the trigger for a rally towards $4.00-which would mean an increase of about 37% from the $2.90 level-so it’s a level that traders are watching closely.

However, if XRP fails to break the resistance at $2.9650, the price is at risk of correcting. Support at $2.90 will be the first area to test, with the next important zones being at $2.85 and $2.82.

If the selling pressure continues to make the price drop below $2.78, a deeper downward movement could be open.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• TronWeekly. XRP Bulls Defend $2.80 Support, Eyeing Explosive $3.10 Breakout. Accessed on August 22, 2025