XRP Price Prediction: XRP Bears Seize Control as Volume Rises and Bullish Momentum Fades—What’s Next?

Ripple’s native cryptocurrency, XRP, is facing a pivotal moment in its price trajectory. After reaching a multi-year high above $3.50 earlier this month, the XRP price has slipped to around $3.13 as of July 29.

The latest correction, combined with rising trading volume and a noticeable shift in investor sentiment, signals that bearish forces may be gaining ground in the short term.

Price Holds Key Support But Outlook Weakens

Despite the pullback, XRP is holding above the critical support zone of $3.07 to $3.12—an area closely aligned with its 20-day Exponential Moving Average (EMA), which currently sits at $3.06. This support band has proven crucial in cushioning recent price declines and maintaining the bullish structure formed after XRP’s breakout above $3.00.

XRP forms a textbook Wyckoff accumulation pattern with strong volume and support reactions, signaling a potential breakout phase. Source: lamama on TradingView

According to TradingView data, the recent decline in XRP’s Relative Strength Index (RSI)—dropping from overbought levels of 72.76 to 57.86—suggests weakening momentum, though not a full-fledged bearish reversal. As long as this support holds, the XRP price prediction remains cautiously optimistic, with potential upside targets at $3.35 and $3.50.

Derivatives Point to Waning Optimism

While the spot market shows XRP consolidating, the derivatives data reflects a mixed picture. Trading volume surged by 38.25% in the past 24 hours, reaching $13.7 billion. This rise in activity coincides with a 7.32% drop in open interest, which may indicate long liquidations or profit-taking by leveraged traders.

Interestingly, options open interest jumped by 38.19%, and long/short ratios on major platforms remain elevated. Binance recorded a bullish 2.651 ratio, while OKX showed 2.16, highlighting the dominance of long positions. However, the divergence between rising volume and falling prices suggests growing uncertainty among traders.

Long-Term Holders Trigger $845 Million Sell-Off

A key bearish development was reported by on-chain analytics firm Glassnode, which revealed a significant $845 million in realized losses in just 24 hours—marking one of the largest single-day sell-offs this month. This dump was largely driven by long-term holders, as reflected in XRP’s rising Liveliness metric, now at a four-month high.

XRP sees $845M in single-day losses as long-term holders exit, signaling weakening short-term confidence. Source: Glassnode

Increased Liveliness indicates that long-dormant wallets are becoming active, typically a sign of distribution rather than accumulation. “When long-term holders start exiting, it often reflects waning confidence in short-term price sustainability,” analysts at BeInCrypto noted in their latest XRP news today.

Critical Levels Ahead: Will XRP Hold or Slip?

At the time of writing, the price of XRP today sits precariously around $3.13, just above the psychological $3.00 mark. If XRP fails to hold this level, the next significant support lies near $2.65—marking a potential 15% downside.

XRP’s 2H chart shows a classic liquidity sweep, targeting sell-side stops near $2.90 before a sharp rebound toward $3.66. Source: tradersboat on TradingView

“Failure to maintain support at $3.00 could trigger further declines, especially if broader market sentiment turns risk-averse,” warned market analyst Aaryamann Shrivastava.

On the flip side, if buyers reclaim control and push the XRP coin price above the $3.41 resistance level, it could revive the bullish case and set the stage for a retest of the all-time high near $3.66.

Volume Surge Signals Uncertainty, Not Confidence

A report by FXStreet recently observed that XRP has lost 3.78% in the last 24 hours, as daily trading volume jumped 8.81% to more than $7 billion. This kind of trend—increasing volume with decreasing price—is more commonly indicative of profit-taking or strategic repositioning on the part of market players than it is of rejuvenated bullishness.

Though it gained close to 10% last week, the short-term direction of XRP seems to be under stress due to growing investor pessimism and selling.

Looking Ahead: XRP Price Prediction 2025 and Beyond

Looking ahead, analysts are still split on the XRP price forecast 2025. Some models are calling for modest gains to $5–$7, subject to favorable legal outcomes and wider crypto adoption. Others, such as Ripple enthusiast Tony Severino, have speculated on more ambitious targets north of $10 should institutional demand take off.

XRP was trading at around $3.142, down 0.26% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

As the Ripple vs SEC lawsuit drama continues to play out, any update in the XRP lawsuit could radically transform investor sentiment. A positive verdict or a possible XRP ETF news release could serve as significant bullish catalysts, whereas additional delays or regulatory roadblocks could heavily impact the asset’s price.