XRP News Today: September Could Be the Make-or-Break Month for XRP’s Big Comeback

XRP is currently at a pivotal juncture as it nears the completion of a descending triangle pattern, a key technical signal that traders are closely monitoring. The cryptocurrency has been consolidating around $2.84, having rebounded from a multi-week low near the $2.74–$2.78 support zone. Analysts emphasize that as long as XRP remains above $2.7, it may stabilize and attempt another move toward the $3 psychological level. A decisive close above $3 could reverse market sentiment and set the stage for a potential rally toward $3.40, followed by $3.80, and eventually the $4.40–$5.00 range. Conversely, a break below $2.7 could trigger a sharper correction, with support levels at $2.50 and $2.21 considered critical for the token’s short-term stability [1].

The price action has been shaped by weak momentum and bearish volume, with sellers maintaining control over the past several weeks. The Moving Average Convergence Divergence (MACD) indicator on the weekly chart has been trending downward and is nearing a bearish cross, which typically signals further downside potential. For bulls to reclaim control, a surge in buy-side volume will be essential to break through key resistance levels and invalidate the bearish structure [1]. A breakout above the downtrend line with strong volume, as noted by a TradingView analyst, could indicate the beginning of a new uptrend. However, a failure to maintain support could result in a wave of selling pressure, exacerbating the correction [1].

Ripple’s fundamentals, however, continue to provide long-term optimism for XRP investors. The company has made significant strides in expanding its cross-border payments network, with its On-Demand Liquidity (ODL) service processing over $1.3 trillion in transactions in the second quarter of 2025 alone. Additionally, speculation around a potential XRP ETF approval and Ripple’s anticipated initial public offering (IPO) have fueled broader market enthusiasm. Despite near-term price weakness, the token’s utility in global finance and its growing institutional adoption remain positive catalysts for long-term holders [1].

For the short term, traders are advised to focus on key levels. XRP’s ability to stay above $2.7 and break through $3 with strong momentum will determine its immediate trajectory. A confirmed breakout could attract fresh capital from both retail and institutional participants, potentially shifting the trend in favor of bulls. However, a breakdown below $2.5 could delay any $5 rally until later in the year, as bears push the price further into a correctionary phase [1].

In summary, XRP is at a make-or-break point as it navigates a critical consolidation phase. The next few weeks could define whether the token enters a bullish reversal or extends its current correction. Traders and investors are on high alert for a breakout event that could signal a renewed uptrend, with September emerging as a decisive period for XRP’s near-term direction.

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[1] XRP Price Prediction: XRP Poised for Apex Breakout—Will the Next Move Send It to $5 (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-poised-for-apex-breakout-will-the-next-move-send-it-to-5)