XRP Price Loses Yet Another Support: $2.60 Next?

XRP price drops under $3, but Epic Chain’s XRP-based RWA platform signals strong long-term adoption potential for investors.

XRP has been at the centre of attention once again. The token dropped below $3 after a wave of profit-taking and broader crypto weakness. 

Yet at the same time, Epic Chain is rolling out its ambitious RWA platform powered by XRP. This platform is aimed at tokenising real-world assets, from real estate to consumer goods. 

This mix of short-term volatility and long-term growth makes XRP one of the most-watched assets in crypto right now.

Why XRP Price Is Falling Today

XRP slipped to $2.94 on August 18, and broke under the $3 mark for the first time in weeks. The move mirrored losses across the market as Bitcoin fell to $115,000, while Ethereum and Solana also dropped as traders booked profits.

Moreover, on-chain data shows that nearly 94% of XRP holders are in profit. 

Historically, when so many holders sit on gains, selling pressure tends to build. Analysts are now pointing out $2.85 as an important support level, with a possible downside to $2.70 if weakness continues.

At the same time, Ripple’s routine release of 1 billion XRP from escrow each month has added to market nerves. While this practice is predictable, it is still one of the biggest issues about oversupply.

Epic Chain RWA Platform Expands XRP’s Utility

While traders are focusing on the charts, Epic Chain is working on something bigger. 

As previously reported on Live Bitcoin News, the company launched a cross-border XRP-based RWA platform that is designed to bring trillions of dollars in assets onto the blockchain. Epic Chain is supported by Ripple and is building what it calls the first RWA superstructure.

In essence, it is attempting to connect institutions and consumers in over 150 countries.

One of its best-performing products, Fanable, already generates more than $1.2 million a year in on-chain fees. This allows fans to trade digital versions of consumer products and bridge real-world goods with blockchain ownership. 

This is where XRP comes into play with its speed and low-cost transactions.

Technical Signals Show Both Risk and Opportunity

Market analysts are currently divided on XRP’s path over the short term. Chart patterns show that a descending triangle is forming, which tends to lead to breakdowns. 

In other words, a decisive move under $3.05 could trigger a sell-off below $2.60 toward $2.39 (this would stand as a drop of over 20%).

Yet the long-term setup is not all bearish. Technical indicators show strong support around $2.94, which is tied to both the 50-day EMA and historical demand zones. If bulls regain their strength, XRP could push above $3.30 and $3.65, and unlock a path toward $5.

While corrections are part of the cycle, major institutions like Standard Chartered still predict XRP at $12.50 within the next three years.

What to Watch Next for XRP and RWA

Investors should keep an eye on both technical levels and adoption developments. If the Ripple token falls below $2.85, it is likely to see a deeper correction to $2.60. However, if Epic Chain continues to grow and new RWA integrations launch, XRP could gain strong demand that supports higher prices.