As the crypto market stumbles heading into the final week of July, traders are now bracing for a potential shift in August.
Volatility has spiked, long positions have been wiped out, and several top altcoins—XRP, Solana (SOL), and Cardano (ADA)—are trading near key levels that could either trigger a reversal or deepen the drawdown.
Below, we examine where these coins currently stand and what short-term projections are signaling for the next few weeks.
XRP Forecast: Crucial Support in Play
XRP is trading at $3.02, having lost over 11% in the past 7 days. Despite bullish forecasts earlier this month, the token is now approaching critical technical support around the $2.90–$3.00 level. If this zone holds, traders expect a bounce toward the $3.40 resistance in early August.
However, any close below $2.90 could open the door to further downside, potentially dragging XRP back toward $2.70. Given its high trading volume of $9.46 billion in the last 24 hours, volatility could remain elevated.
Short-Term Prediction (August 2025):
- Bullish scenario: $3.40
- Bearish scenario: $2.70
- Base case: Consolidation around $3.10–$3.20
Solana Price Outlook: Waiting for a Reversal Trigger
Solana is hovering at $177.24, down roughly 5.4% in the past 24 hours. Despite the pullback, its weekly performance has been relatively stable at only 0.09% lower over 7 days—suggesting potential accumulation at these levels.
With a market cap near $95.4 billion and strong ecosystem fundamentals, Solana is still considered one of the top Layer 1 contenders. If buyers step in above $175, analysts see upside back to $190 or even $200 in August. But another leg down could test support near $165.
Short-Term Prediction (August 2025):
- Bullish scenario: $200
- Bearish scenario: $165
- Base case: Gradual rebound to $185
Cardano’s Struggles Continue—But August Could Be a Turning Point
Cardano (ADA) is currently priced at $0.7821, with losses across all timeframes: down 2.31% in the past hour, 4.49% in 24 hours, and 6.09% over the last 7 days. Sentiment remains weak, but Cardano’s daily trading volume of $1.66 billion indicates there’s still significant activity.
If ADA can reclaim $0.80 and close above it, traders could begin targeting the $0.88 resistance in early August. Otherwise, continued selling may push it back to $0.72, with a potential retest of the $0.68 zone if sentiment doesn’t improve.
Short-Term Prediction (August 2025):
- Bullish scenario: $0.88
- Bearish scenario: $0.68
- Base case: Sideways between $0.75–$0.82
Final Thoughts
August may bring heightened volatility for XRP, Solana, and Cardano, especially as macro factors and liquidity trends continue to sway investor sentiment. Technical setups suggest all three coins are sitting near crucial inflection points—what happens next depends largely on whether buyers regain control in the opening days of the month.
Traders should watch volume spikes, RSI divergences, and daily candle closes for early signs of a directional move.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/live-crypto-price-prediction-xrp-solana-and-cardano-in-august-2025/