\n
<\/p>\n
TL;DR<\/b><\/p>\n Ripple (XRP) dropped 8% in the last 24 hours, sliding from a session high of $3.17 to a low of $2.9. The steepest move came during the midnight trading window on August 1, when the token fell 3% in one hour on 259.21 million units traded, nearly four times its usual hourly volume.<\/span><\/p>\n At press time, XRP trades at $2.91 with a 24-hour trading volume of $7.4 million. Over the past seven days, the token is down 5%. Its market capitalization stands at $174 billion, based on a circulating supply of 59 billion XRP.<\/span><\/p>\n Crypto analyst CRYPTOWZRD said the daily candle closed bearish, while the monthly candle finished strongly bullish. He explained that XRP holding above $2.80 remains a bullish area, and a push beyond $3.30 could lead to a rally toward $3.65.<\/span><\/p>\n XRP Daily Technical Outlook:$XRP<\/a> closed bearish. However, the Monthly candle printed strongly bullish. I\u2019ll look for more short-term volatility from here to scalp opportunities. Both Bitcoin and BTC.D will play a role \u200d\u2642\ufe0f pic.twitter.com\/wHFIz9S24J<\/a><\/p>\n \u2014 CRYPTOWZRD (@cryptoWZRD_) August 1, 2025<\/a><\/p>\n<\/blockquote>\n Intraday analysis shows $3.23 as a key resistance level. Trading above it could support long positions, while a drop below $3 keeps conditions bearish. The analyst expects short-term volatility, with Bitcoin and its dominance likely to guide market direction.<\/span><\/p>\n A double bottom pattern may be <\/span>forming<\/span><\/a> as XRP bounced twice from the same support level. A confirmed break above the pattern\u2019s resistance would open the way for a new attempt at recovery.<\/span><\/p>\n On-chain data shows mixed whale behavior. Large holders have sold roughly $28 million worth of XRP per day over the last 90 days.\u00a0<\/span><\/p>\n At the same time, over 310 million XRP tokens, valued at nearly $1 billion, were accumulated during the recent correction as exchange balances fell, <\/span>showing<\/span><\/a> movement toward off-exchange storage.<\/span><\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
XRP Faces Sharp 24-Hour Decline<\/b><\/h2>\n
Analyst Notes Bullish Monthly Candle<\/b><\/h2>\n
\n
Market Structure and Whale Activity<\/b><\/h2>\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n