Ripple Token Could Fall Further After Losing Key Resistance (Analyst)

TL;DR

• XRP trades close to $3 after rejection at $3.32, with help at $2.90 in focus.
• XRP Ledger’s NVT ratio falls 80%, displaying larger transaction exercise regardless of ongoing market weak point.
• SEC postpones resolution on a number of ETF purposes, together with Nasdaq’s CoinShares proposal, till October, extending regulatory uncertainty.

Worth Holds Close to $3.00

Ripple’s XRP closed Monday close to $3.00 after giving again good points from earlier within the day. A late selloff within the closing buying and selling hour pushed the token decrease on heavier volumes. Merchants pointed to stop-loss liquidations and doable institutional promoting behind the transfer.

On the press, the XRP’s price was altering fingers at $3.00, and the Each day quantity stood at $6.57 billion. The token rose simply over 1% in 24 hours however remains to be down practically 5% on the week. Prior to now day, the value moved between $2.95 and $3.10. For the week, the vary has been $2.96 to $3.34. The token stays 18% under the report $3.65 set on July 18.

Analyst BitGuru mentioned XRP has been sliding because it failed to carry above $3.32. The four-hour chart reveals a transparent downtrend, with decrease highs and decrease lows. The asset is now resting on one other essential help zone at $3.00.

$XRP has been buying and selling in a downtrend after failing to carry above $3.32, with worth now consolidating close to the $3.00 help zone.

A possible bounce from this stage might goal $3.20 resistance, however failure to carry could expose the value to additional draw back towards $2.90. pic.twitter.com/Eo69s0cVjr

— BitGuru (@bitgu_ru) August 19, 2025

If consumers can defend that stage, a rebound towards $3.20 seems to be doable, which is an space that stopped rallies earlier this month. If $3.00 breaks, the subsequent stage sits at $2.90. A deeper transfer might open the best way towards $2.70 to $2.80, the place demand was seen in July.

On-Chain Information Reveals Exercise

Whereas the value is beneath stress, community exercise is holding agency. The XRP Ledger’s NVT ratio has dropped to 111.8, down virtually 80% from earlier ranges. The autumn means extra transaction quantity relative to market worth.

That enhance in exercise suggests the token is getting used extra on-chain even whereas the value consolidates. Market watchers usually deal with decrease NVT readings as indicators of more healthy utilization in contrast with valuation.

SEC Pushes Again ETF Determination

As well as, regulators added to the uncertainty. The US Securities and Change Fee delayed its ruling on Nasdaq’s proposal to checklist the CoinShares XRP ETF. The choice, initially due August 24, has been moved to October 23.

The company mentioned it wanted extra time to evaluation the submitting and feedback. The delay extends the look ahead to traders watching progress on new XRP-linked merchandise.

Moreover, the US regulator postponed making a call on just a few extra XRP ETF purposes, together with these from Bitwise, Canary, and Grayscale.