The question on many crypto watchers’ minds is, “Why is XRP price going down today?” As of August 25, 2025, XRP trades at $2.95, having slumped more than 20% since peaking near $3.66 in July. After failing to break the key $3 psychological resistance, the token saw another 4% dip over the past 24 hours.

However, one analyst presents a very bullish XRP price prediction and suggests that from current levels the price could rise by 150% or even more than 1,000%.

XRP Price Today: Key Data Points

On the XRP/USDT chart, we can see that the price has been falling for the third consecutive session, sliding 2.4% on Monday and about 4% over the past 24 hours.

  • Current price: $2.95 (August 25, 2025)
  • Recent high: $3.66 (late July 2025)
  • 24-hour drawdown: 4%
  • Market cap: Strongly impacted, with turnover spikes above 58 million XRP during sharp moves, and trading volume above 33 million in past major sessions

The $3 mark acts as a crucial battleground, forming both a psychological and technical support zone. Since mid-2021, this level shifted from resistance to support after XRP’s original breakout. For bulls, holding the $2.95-$3.00 area is essential. Losing it could open the door to a deeper correction.

XRP price today. Source: CoinMarketCap.com
XRP price today. Source: CoinMarketCap.com

Why is XRP Price Going Down?

The most recent dip stems from repeated failures to breach the $3 resistance, triggering profit-taking among traders and investors. Technical analysts have flagged a “descending triangle” pattern, a bearish indicator, on multiple timeframes. This signals waning demand, confirmed by declining daily active addresses and negative spot taker CVD, both pointing to less buy-side activity.

Moreover, broader market catalysts have contributed:

  • A muted response to dovish Federal Reserve commentary
  • Renewed risk aversion as altcoin profit-taking intensifies
  • XRP’s correlation with other majors; Bitcoin and Ethereum pullbacks pressured sentiment
  • On-chain metrics suggest fewer new participants and flagging whale accumulation

A daily or weekly close below $2.95 could cement bearish momentum, leaving $2.40 as the next logical support. This price region aligns with heavy trading activity from previous years and sits near the 200-day exponential moving average—widely watched by technical traders.

Related: This New XRP Price Prediction Shows XRP Can Hit $5.50 in 2025

Can XRP Price Reclaim $3 and Rally?

Despite the recent drop, analysts remain split on the next move for XRP price.

Bullish Case

According to my technical analysis, if XRP reclaims $3 and holds above, charts suggest a rebound toward the $4.00–$4.40 zone is possible. The 1.618 Fibonacci retracement measured from swing high to swing low. Elliott Wave and classical chart patterns (including a bull pennant and cup-and-handle) have been highlighted. If these patterns play out, they could portend a breakout:

The bullish pennant formation on a daily chart. Source: Tradingview.com
The bullish pennant formation on a daily chart. Source: Tradingview.com

Momentum could accelerate if institutional flows, which saw $27 million worth of XRP moved in a minute last week, return. However, this call hinges on reclaiming and holding above $3 with high volume.

Bearish Case

Failure to hold the $2.95–$3.00 line triggers the risk of a WXY correction—a more sustained pullback pattern. Analysts see $2.40 as the next technical support, with potential for a drop even as far as $2.24 in a “capitulation” scenario. Downside is reinforced by negative momentum indicators and low demand-side volume.

XRP Price Prediction: Eyes on $8, 25 And $37?

Market predictions for XRP remain as volatile as the token itself. Popular chartist CryptoBull2020 recently made several high-profile forecasts:

  • $7-8 as the next short-term objective, should the cup-and-handle breakout materialize.
  • $25 as the most logical bull run price target for this cycle, citing pattern similarities with the 2015–2018 surge.
  • $37 as an upper limit if previous all-time high breakout patterns repeat, albeit with more muted percentage gains.

“The bull run for XRP hasn’t even begun yet,” CryptoBull2020 commented on his X. “We are printing the same structure as in 2015 to 2018 and we are still closing below the previous ATH. With a much reduced percentage in gains we would still hit $37.”

The $25 level stands out as the headline prediction, reflecting both historic fractal analysis and renewed optimism among certain market strategists. That said, realization of such ambitious targets would require several bullish catalysts: renewed institutional inflows, macro risk-on cycles, or a decisive shift in regulatory or ETF-related narratives.

You may also like: XRP Price Will Hit $9 as Analysts Predict 200% Surge by September 2025

FAQ: XRP Price & Market Trends

Why did XRP price fall below $3 today?

Low demand, strong resistance, and broad altcoin profit-taking triggered the move.

What is the key support for XRP now?

$2.95–$3.00 is critical; below that, technicals point to $2.40 as the next major support.

Are there bullish signals for a XRP price rebound?

Ye. classical patterns (bull pennant, cup-and-handle) and Fibonacci projections suggest potential for a rally if $3 is reclaimed.

What do analysts predict for XRP price?

Short-term targets range from $4.40–$5.80. Longer-term, notable predictions highlight $7 and even $25 if historical patterns and bullish catalysts repeat.