- XRP forms a “Golden Cross” and bullish MACD crossover, indicating sustained momentum above key moving averages.
- RSI at 84.31 indicates overbought conditions, raising short-term correction risks toward $2.60–$2.80 support levels.
- On-chain activity rises to 75K+ addresses, backing price gains; sustained engagement is key for a push toward $5.20.
XRP has shown strong upward momentum heading into August 2025, backed by rising volumes, positive technical indicators, and increased on-chain activity. On July 19, the asset traded at $3.46, a 3.02% daily drop.
However, it is 25.08% higher over the past week and up 60.1% in the past month. This growth comes as XRP breaks above key resistance zones, indicating increased market activity.
Its market cap is at $205.16 billion, down by 2.93%, with a 24 hour volume of $14.53 billion, down by 34.47%. XRP’s total supply is near its maximum at 99.98 billion, with 59.18 billion tokens currently in circulation.
Momentum Builds Amid Bullish Technicals
XRP has formed a “Golden Cross” by moving above both its 50-day and 200-day moving averages. The 50-day MA is around $2.99, while the 200-day MA is at $2.49. This classic bullish formation supports the strength of the current rally.
The MACD indicator also shows a bullish crossover, with the MACD line at 0.2995 versus a signal line of 0.1968. The histogram at 0.1027 confirms a growing divergence, indicating strong momentum.
Additionally, trading volume has surged alongside price movements. This aligns with broader market support and supports the credibility of the current rally. Sustained volume at these levels is key for maintaining upward movement.
Overbought Conditions May Delay Further Gains
Despite the strong momentum, some indicators point to potential short-term cooling. The RSI is at 84.31, which is well above the overbought level of 70. Historically, similar levels have preceded brief corrections, as seen in February.
If profit taking emerges, XRP may test lower support levels. Immediate support is near $3.00, which aligns with the 50-day MA. Deeper pullbacks could push XRP down to the $2.60–$2.80 zone, aligning with prior consolidation areas and the 200-day MA.
On-Chain Data Shows Mixed Signals
On-chain activity also shows recent market outlook. Active addresses surged in March, peaking above 600,000. Although current activity is lower, July saw a noticeable increase to approximately 75,200 active addresses.
This renewed network activity supports recent price gains. However, further declines in address activity could limit momentum. Strong network engagement remains necessary to sustain higher price levels in the coming weeks.
Potential August 2025 Price Ranges
On the Upside, XRP could reach between $4.80 and $5.20 if momentum, volume, and address activity hold strong. However, XRP could fall to $2.60–$2.80 if RSI cools sharply or network activity declines.
Final Outlook
XRP has maintained a bullish outlook supported by strong technicals and trading volume. While the overbought RSI suggests a possible pullback, key support zones provide a cushion.
On-chain metrics further contribute to market direction, with continued address activity acting as a momentum gauge. August price action depends on whether bullish momentum can overcome technical exhaustion.
Disclaimer : The content shared by The Daily Crypto Post is intended for informational and educational purposes only and does not constitute financial or investment advice. Readers are encouraged to do their own research or consult with a licensed professional before making any financial decisions. The Daily Crypto Post will not be accountable for any financial losses.
