XRP News Today: Institutional Whales Quietly Build Base as XRP Awaits Breakout

XRP has been trading in a consolidation phase between $2.70 and $3.05, a period marked by fluctuating demand and cautious optimism among traders. The price recently surged to $2.88, briefly testing the $2.92 resistance level on high volume before facing repeated rejections in the $2.90–$2.92 range. Market participants are closely observing whether the token can maintain sustained momentum above $2.90, with potential targets extending up to $3.30 if bullish conditions persist. A breakout from this consolidation could signal the next phase of the XRP price action, particularly with the Federal Reserve’s anticipated 25-basis-point rate cut on September 17 influencing broader crypto flows [1].

The technical outlook for XRP reflects both bullish and bearish signals. A golden cross in key indicators, such as the MACD histogram converging toward a bullish crossover, supports the idea of accumulation and long-term buying pressure. The Relative Strength Index (RSI) has settled in the mid-50s, indicating a neutral-to-bullish bias, while the formation of a descending triangle suggests potential for an upward move if the price breaks past $3.00 [1]. On the other hand, XRP faces critical resistance at $2.90–$2.92, which has repeatedly stalled bullish advances. Analysts have flagged a symmetrical triangle pattern, with some suggesting a potential 25% price swing either up to $3.50 or down to $2.10, depending on the breakout direction [2].

Institutional interest in XRP remains a key variable. Reports indicate that over 340 million XRP has been accumulated by large holders in recent weeks, a sign that long-term investors are positioning for potential upside. Whale inflows have continued to support the consolidation floor, reinforcing the likelihood of a bullish resolution if on-chain activity remains strong. Additionally, the possibility of a U.S.-listed spot XRP ETF, particularly with BlackRock reportedly exploring such an offering, has added speculative momentum. Polymarket data assigns a 77% probability of XRP ETF approval in 2025, which could drive institutional inflows similar to those seen with Bitcoin and Ethereum ETFs earlier this year [2].

Macroeconomic factors also weigh on XRP’s near-term trajectory. The broader market has been affected by a 6.5% drop in the past 24 hours, increasing volatility and prompting caution among traders. The Federal Reserve’s rate decision in mid-September remains a pivotal event, with markets pricing in near-certainty of a 25-basis-point cut. Such a move could ease dollar liquidity and potentially boost risk-on assets, including crypto. Meanwhile, open interest in XRP derivatives has declined by 36% in Q3, suggesting reduced speculative selling and creating conditions for a potential rebound [2].

Despite the bullish technical and institutional cues, there are risks to consider. On-chain metrics show that XRP’s Network Value to Transactions (NVT) ratio has reached a two-month high, indicating possible short-term overvaluation. High NVT readings can precede price corrections as activity lags behind valuation. If XRP fails to maintain support at $2.84 or $2.85, it could face renewed downward pressure, with potential downside levels at $2.78 and beyond. The immediate key to XRP’s next move lies in volume confirmation—any sharp increase in trading activity would likely validate the direction of the breakout [2].

Market sentiment remains mixed, with some analysts projecting a move toward $3.20–$3.70 over the next two weeks if the symmetrical triangle resolves to the upside. Others warn of a bearish scenario where XRP could test $2.10, representing a 25% drop from current levels. With ETF speculation, macroeconomic events, and accumulation trends all playing roles, XRP’s next price movement is expected to define its trajectory into the fourth quarter [2].

Source:

[1] XRP Price News: Consolidates Under $3 as Descending Triangle Narrows (https://www.coindesk.com/markets/2025/09/08/what-next-as-xrp-consolidates-under-usd3-as-descending-triangle-narrows)

[2] XRP Price Prediction: XRP Analyst Sees Symmetrical Triangle Setup Signaling 25% Price Move (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-analyst-sees-symmetrical-triangle-setup-signaling-25-price-move)