XRP May Need to Hold $3 to Avoid Slipping Toward $2.80–$2.90, Bollinger Bands Suggest

• XRP sits near $3 with Bollinger Bands signaling fading momentum.

• Watch $2.80–$2.90 for support; a clear close above $3.20 is needed to resume bullish bias.

• Weekly 20-period average (~$2.64) still intact; a failure to hold $3 raises risk of slide into the $2s.

XRP price hovers near $3 with momentum fading on Bollinger Bands—watch $2.80–$3.20 for decisive moves. Read the update and outlook.

What is driving the XRP price near $3?

XRP price is holding around $3 after a rebound from late‑August lows near $2.70, but indicators show the recent rally is losing steam. Bollinger Bands place the upper band near $3.14, suggesting upside momentum is limited until XRP closes decisively above $3.20.

XRP is trading around $3.09 on the daily chart. The market is positioned between the upper and middle Bollinger Bands, a setup that often precedes a drift lower if buyers don’t push price above the upper band. Monitor the $2.80–$2.90 range as the key short-term support area.

How do Bollinger Bands signal XRP momentum?

Bollinger Bands measure volatility; when price fails to hold above the upper band (near $3.14), it usually indicates momentum is fading. On the four‑hour chart, the lower band has been rising toward $2.97, and a breach below that level would increase the likelihood of a dip under $3.

TradingView chart readings referenced by market participants show the weekly 20‑period average at ~ $2.64, which remains a structurally important level. If XRP cannot convert $3 into support this week, sellers may target mid‑$2 levels.

Source: TradingView

When will XRP confirm a bullish continuation?

A bullish confirmation requires a sustained close above $3.20 on daily timeframe and strengthening volume behind the move. Until that happens, the most likely short-term path is a range test or controlled pullback toward the mid-band and weekly averages.

Frequently Asked Questions

Will XRP drop below $2.80 soon?

If the daily close breaches the rising four‑hour lower band around $2.97 and the $2.90 mid‑band fails, a test of $2.80 becomes likely; otherwise, expect consolidation above $3.00. Monitor volume and daily closes for confirmation.

How important is the weekly 20‑period average for XRP?

The weekly 20‑period average (~$2.64) serves as a medium‑term support reference; it has held in recent sessions and would be the next key level if shorter supports give way.

Key Takeaways

• Short-term momentum: Bollinger Bands show upside fading; upper band near $3.14 is acting as resistance.
• Critical levels: Support $2.80–$2.90; bullish confirmation above $3.20.
• Weekly context: 20-week average (~$2.64) remains intact and important for deeper pullbacks.

Conclusion

In sum, XRP price is testing the $3 area with mixed signals: daily Bollinger Bands point to weakening momentum while the weekly chart keeps longer-term support intact. Traders should watch $2.80–$3.20 for decisive moves and follow volume and daily closes for confirmation. For continuing coverage, COINOTAG will update this outlook as new data emerges.