After a strong mid-July rally, XRP price today is stabilizing near $3.14. Price action is forming a symmetrical triangle, with the structure nearing its apex. Buyers are defending the $3.00 support while sellers cap upside near $3.20. A decisive breakout may shape the next short-term trend. What’s Happening With XRP’s Price? XRP price dynamics (Source: TradingView) On the 4-hour chart, XRP price is forming higher lows and lower highs, converging into a symmetrical triangle. Price remains above the $3.00 support level, while resistance remains near $3.20. This setup reflects ongoing indecision between bulls and bears, with momentum building ahead of a breakout attempt. The OBV line remains steady above 3.5 billion, suggesting no major capital outflows despite reduced volatility. The daily structure shows XRP trading above the prior breakout zone near $2.91, keeping its broader bullish bias intact. Why Is XRP Price Going Down Today? XRP Derivative Analysis (Source: Coinglass) Why XRP price going down today relates to short-term exhaustion after repeated rejections near $3.20 and cooling interest from traders. Derivatives data shows a 3.7 percent drop… The post XRP Price Prediction for July 31 appeared first on Coin Edition .
