Popular crypto analyst Ali (@ali_charts) pointed out the $3.15 level as a critical threshold, suggesting that if it fails to hold, a deeper retracement is likely—potentially setting up a strong “buy-the-dip” opportunity.

The price of XRP now sits at $3.12, according to the latest market data, having dropped 3.2% in the past 24 hours and more than 12% over the past week. Despite a healthy 24-hour trading volume of over $8 billion, the downward momentum suggests increased selling pressure, with market cap standing at $185.3 billion.

Ali’s chart analysis shows the token struggling to maintain its bullish momentum after testing the $3.30–$3.35 range earlier this week. With bearish candles stacking below the key support, traders are watching closely to see if XRP can reclaim $3.15—or if it will continue its descent toward the psychological $3 level.

This pullback, if it materializes, may also reset investor expectations as attention turns to macro indicators such as ETF speculation and institutional adoption via Ripple’s XRPL infrastructure. For seasoned investors, a correction to $3 might just be the entry point they’ve been waiting for.

As of now, XRP bulls are fighting to reclaim ground. But if momentum doesn’t shift soon, the next few days could bring the dip that many traders see as a golden opportunity.

The post XRP Could Soon Present a Major Buy-the-Dip Opportunity, Crypto Expert Suggests appeared first on Coindoo.

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Filed under: Bitcoin - @ July 29, 2025 12:16 am