Monat: August 2025

• XRP price hovered around $2.88 after this week’s dip.
• After a broader market downswing, XRP losses have hit 10% for the past seven days.
• Bulls face pressure near $3 but tailwinds could help them rip to a new peak.

XRP trader around $2.88 with buyers trying to flip positive amid downside pressure, with sellers having taken out bulls near the $3 mark.

As the Ripple token grapples with bearish sentiment that cuts across a volatile cryptocurrency market, weekly losses have jumped to over 10% and XRP risks further losses.

But could positive developments, including regulatory clarity and growing institutional interest, provide tailwinds for XRP’s potential rebound?

XRP price dips as weekly losses mount

XRP has declined by about 10% in the past week, and is trading around $2.88 as of writing on August 21, 2025.

The dip sees the Ripple cryptocurrency extend its drift from recent highs of $3.40, with downside action over the past week exceeding -10%.

Notably, this sees XRP form a downtrend line and slip below its 50-day simple moving average. As a critical technical indicator, this slip under the 50 SMA signals weakening momentum.

While this drop aligns with broader market dynamics, which has seen Bitcoin drop to $113k and Ethereum pare gains, XRP faces downward pressure amid notable whale selling.

Onchain data indicates whales have dumped about 460 million XRP in a little over a week, with bulls facing off with bears near the $3 mark.

XRP price forecast: tailwinds and technical outlook

Risk-off sentiment has engulfed a large part of the market as investors become jittery amid macro headwinds.

Inflation data, including a surprise surge in the US producer price index in July, added to the uncertainty. Geopolitical events and the upcoming Jackson Hole symposium, where Federal Reserve Chair Jerome Powell is expected to speak, are key events this week.

For the latter, XRP holders are as upbeat as the rest of the market.

Investors are braced for any potential signals that the Fed will cut interest rates, a likely boost for risk assets like cryptocurrencies. However, a hawkish Fed could further depress XRP.

$XRP looks ready to bounce! After perfectly timing the top, the signal now says BUY. pic.twitter.com/NBbQuXd7RG

— Ali (@ali_charts) August 20, 2025

Despite the current bearish tilt, XRP is still largely bullish amid notable tailwinds. This includes Ripple’s march to a resolution of its legal hurdle from the SEC lawsuit.

Additionally, Ripple’s RLUSD stablecoin is seeing growing integration and partnerships, as is XRP Ledger’s traction in payments and tokenization of real-world assets.

Potential XRP ETF and Ripple banking license approvals, expected in late 2025, provides further optimism.

On the charts, XRP faces immediate support at $2.80, with a deeper safety net in the $2.58 to $2.32 zone. However, if bulls reclaim the $3.00 to $3.40 area as support, a breakout could bring a new ATH into play, with targets of up to $10.

The post XRP price forecast as bulls and bears face off near $3 appeared first on CoinJournal.

• OKB price rose 50% to hit a new all-time high of $195.
• The altcoin is outpacing peers as investors react to tokenomics changes.
• OKB is seeing traction as altcoins bid to break higher.

OKB, the native token of the OKX exchange, has soared to a new all-time high of $195, with intraday gains of over 50% catapulting the altcoin to the new ATH.

OKB’s price surge has also come amid a significant spike in daily volume, with market data showing the OKX token witnessed a staggering 428% uptick in 24-hour trading volume.

At the time of writing, the metric hovered around $1.17 billion.

Meanwhile, OKB is one of the standout performers in the past 24 hours and week, outpacing top altcoins as recent bullish catalysts keep bulls in control.

BNB also hit a new peak as exchange tokens rally.

Why OKB surged 50% as it hit a new all-time high

As top altcoins braced for a fresh dose of downside volatility, OKB extended its recent rally to a new ATH.

Having gone vertical from lows of $46 to highs of $116 on Aug. 13, the token retested the $92 area.

But bulls have traded higher since, breaking above $150 and hitting the intraday record high of $195 on Aug. 21.

The buying pressure follows a strategic tokenomics overhaul that OKX undertook recently, with this significantly altering the OKB’s supply dynamics.

On Aug. 13, OKX executed a massive one-time burn of 65.26 million OKB tokens, slashing the circulating supply by over 50% to a fixed cap of 21 million tokens.

The move meant OKX aligned its token’s supply with Bitcoin’s hard cap, with the deflationary event a key catalyst to the parabolic price action.

The supply change has seen OKB’s market cap surge to $4 billion, while the price has increased nearly 90% in the past week and over 290% in the past 30 days.

As well as the token burn, OKX introduced an upgrade to its zero-knowledge Ethereum Virtual Machine (zkEVM) network built with Polygon technology.

The upgrade boosted the network’s transaction capacity to 5,000 transactions per second while slashing gas fees to near-zero levels, enhancing OKB’s utility as the native gas token.

 OKB price outlook

OKB’s price trajectory has pushed key technical metrics to extreme levels, with the Relative Strength Index (RSI) hitting overbought conditions.

Per the daily chart, OKB’s price hovers at a level where the RSI is above 92 and signaling a potential reversal.

However, the Moving Average Convergence Divergence (MACD) remains strongly bullish, with the MACD line above the signal line.

This and the histogram’s outlook suggest sustained buying pressure.

If bulls weather profit-taking deals, the next target will be a spike above $200 and further price discovery.

On the downside, support levels include $125 and $92.

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