XRP Price Prediction: Can Ripple’s Capital Markets Push Lift XRP Above $1.10?
- XRP fell 1.76% to $1.0667 on August 3, trading below all four EMAs as the Bollinger Band squeeze signals a directional move ahead
- Ripple invested in ZILO and Licuido on August 3, bringing regulated transfer agency and collateral mobility to the XRP Ledger
- Cumulative XRP ETF inflows hit $1.5B, the highest among altcoin products, though monthly pace has dropped from $131.94M in May to $27.29M in July
XRP trades at $1.0667 on August 3, down 1.76%, still sliding inside a descending wedge despite a $1.5B ETF inflow milestone and Ripple’s biggest capital markets announcement of the week.
XRP Compresses Inside the Descending Wedge as Bollinger Bands Squeeze
The daily chart shows XRP inside a descending wedge that has been tightening since June, with both trendlines visibly converging. Today’s session opened at $1.0858, briefl…
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