XRP Price Prediction for Today, August 20

XRP price has been under pressure again, trading around $2.87 after failing to build momentum above $3.30 earlier this month

The downtrend that started in late July is still intact, and right now all eyes are on the $2.75 support zone to see if it holds.

Let’s break down today’s setup and see what could come next.

What We Got Right Yesterday

In yesterday’s prediction, we pointed out that losing the $3.00 level could drag XRP price back toward $2.85. That’s exactly how it played out, with the token sliding under $3.00 and finding itself stuck near $2.87.

We also said that unless volume picked up, price would probably just chop between $2.85 and $3.10. That’s pretty much what we’ve seen, no big breakouts, no strong buying pressure, just sideways action.

XRP Daily Overview (August 20)

Current Price: $2.87

24h Change: -2.3%

RSI (14): 41.46

Volume: Low and drifting lower

The XRP chart has been pointing down for weeks. Every bounce keeps running into resistance, and sellers continue to push XRP price lower

Right now, $2.74-$2.75 is the key support, while resistance sits at $3.18–$3.25, then $3.35, and eventually $3.66 if bulls ever regain strength.

What the XRP Chart Is Showing

The daily candles tell the story: lower highs, weak rebounds, and strong red bodies. Since topping near $3.66 in July, XRP price has slid into a descending channel, with buyers unable to flip momentum.

Source: CoinAnk

Volume is thin compared to July’s rally, which means bulls aren’t stepping in with much conviction. If $2.75 gives way, the next big test will likely be $2.50.

Technical Indicators (Daily Timeframe)

Indicator Value Signal MACD (12,26) 0.023 Weak bullish hint ADX (14) 28.78 Downtrend still strong CCI (14) -150.54 Oversold pressure RSI (14) 41.46 Bearish momentum Ultimate Oscillator 38.17 Bears in control Bull/Bear Power (13) -0.21 Bearish dominance

Summary: Most of the indicators are indicating continued selling. The sole glimmer of hope is the MACD, displaying a very weak bullish divergence, but small nonetheless.

XRP Price Prediction Scenarios

Bullish:

If XRP price can hold its ground above $3.18–$3.25 on real volume, we could see a run towards $3.35, even as far as $3.55–$3.70.

Neutral:

If $2.75 holds up, then we can expect more choppy sidways action between $2.85 and $3.10 until traders commit one way or the other.

Read Also: Here’s Why XRP Price Didn’t Explode After the SEC Ended the Ripple Lawsuit

Bearish:

If XRP price falls below $2.75, support is $2.60, with $2.50 following close behind.

Final Take

XRP price is still in a downtrend, and the sellers are still in control. The big question now is whether $2.75 can hold

For today, the most likely outcome is more sideways trading between $2.85 and $3.10, but a clear break on either side will set the next big move.

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