XRP Price Analytics: Faces $3.04 Resistance as RSI Neutral, MACD Turns Bullish

Token Stabilizes Above $2.98 Support Following $273M Volume Surge in Tuesday Trading

By Shaurya Malwa, CD AnalyticsUpdated Aug 28, 2025, 5:47 a.m. Published Aug 28, 2025, 5:47 a.m.

XRP gained approximately 9% weekly, hovering near the $3.00 threshold.
Gemini’s XRP-rewards Mastercard collaboration with WebBank, offering 4% cashback, propelled its app ranking past Coinbase.
Daily institutional inflows into XRP-linked products hover around $25 million, contributing market liquidity.

XRP prolonged its late-August rally, advancing nearly 9% weekly while oscillating near the $3.00 mark.
Gemini’s WebBank-partnered XRP rewards card launch elevated its U.S. iOS app position above Coinbase.
Institutional investment in XRP products averages $25 million per day, enhancing market stability.
Analysts eye potential upward breakouts, with long-term technical objectives near $27 if consolidation resolves bullishly.

Over the 24-hour period ending August 27 at 04:00 GMT, XRP fluctuated between $2.95 and $3.05, settling at $2.98 with a 1.3% daily dip.
Peak trading occurred at 20:00 GMT, witnessing 273.15 million volume — quadruple the 62.47 million average — as prices briefly hit $3.05 before retreating.
During the final hour (03:04–04:03 GMT), XRP stabilized between $2.97 and $3.08, with repeated holds above $2.975 support.
Notable volume jumps of 1.31M at 03:59 and 1.19M at 03:07 GMT aligned with brief pushes toward $2.99 resistance.

Support: The $2.975–$2.98 zone remains a critical baseline after repeated successful holds.
Resistance: Upside attempts face firm barriers at $3.02–$3.04 amid persistent selling pressure.
Momentum: RSI hovering mid-50s signals neutrality; MACD histogram edges toward a possible bullish crossover.
Volume: A 273M peak highlights institutional engagement but reflects profit-taking near resistance.
Patterns: Tight trading near $3.00 indicates accumulation, with bullish potential if $3.04 resistance breaks.

Bullish scenarios target $3.20 upon clearing the $3.02–$3.04 barrier.
Bearish triggers include a drop below $2.96, followed by $2.94 support.
Market participants gauge whether Gemini’s card adoption boosts retail XRP demand.
Sustained institutional inflows exceeding $25M daily remain pivotal for upward momentum.

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