XRP News Today: Whales and Regulators Set the Stage for XRP’s Pivotal Breakout Moment

XRP’s price is currently consolidating near $2.87, with market participants closely monitoring key resistance levels ahead of a potential breakout. Recent price action shows XRP climbing from $2.83 to $2.88 on Monday, with a brief test of $2.92 on six times the average daily volume before retreating. The token has formed a descending triangle pattern, with support anchored at $2.86 and resistance solidified at $2.90–$2.92. Bulls have defended the $2.86 level multiple times, indicating accumulation pressure, while repeated rejections at $2.90–$2.92 have capped upside momentum. Technical indicators, including the RSI and MACD, show a neutral-to-bullish bias, with the RSI above the 50 level and the MACD histogram converging toward a bullish crossover. Analysts note that a sustained close above $2.90 could trigger a rally toward $3.00, with further gains potentially reaching $3.30 and beyond. Conversely, a breakdown below $2.86 could see the price test $2.80 and subsequently $2.720, intensifying bearish pressure.

Market dynamics are influenced by broader macroeconomic factors, particularly expectations of a 25-basis-point Federal Reserve rate cut at the September 17 FOMC meeting, which is priced at nearly 100% by futures markets. This anticipated monetary easing is expected to drive institutional inflows into crypto, favoring risk-on assets like XRP. Additionally, U.S.-China trade tensions have pushed volatility into the crypto space, with increased risk appetite observed among traders. Whale accumulation activity has also remained robust, with reports indicating the purchase of 1.7 million XRP tokens over the past month and 340 million XRP acquired in recent weeks. These large-scale buying activities are seen as a supporting factor for the consolidation floor at $2.86 and could provide the necessary momentum for an upward breakout.

Options data from Deribit highlights a bullish sentiment in the XRP market, with call options priced higher than puts across all tenors. The premium for December expiry calls on XRP is currently 6 volatility points above puts, indicating a strong bias for a year-end rally. XRP is currently the third-largest cryptocurrency by market value and is the subject of significant regulatory attention, particularly regarding pending U.S. SEC approval for spot exchange-traded funds (ETFs). Six to seven major issuers, including Bitwise, 21Shares, and WisdomTree, have submitted applications or amendments for XRP ETFs, with key decisions expected by late October. Market participants are preparing for a potential synchronized approval event, which could drive substantial inflows into XRP. If approved, these ETFs could trigger a structural shift in demand, as the supply of XRP is partially escrow-locked and concentrated, according to XRP holder Pimpius, who estimates potential inflows could exceed $5 billion.

The broader crypto market is also showing signs of bullish momentum, with Solana (SOL) exhibiting a similar positioning in options trading. December calls on SOL are trading at a premium of 10 volatility points over puts, reflecting optimism linked to the recent Alpenglow upgrade. Bitget’s Chief Analyst Ryan Lee described the upgrade as a "defining moment" for Solana, noting its potential to boost network speed and transform it into one of the fastest blockchains in operation. While XRP and SOL are showing strong positioning, Bitcoin and Ethereum remain subject to hedging activity, with traders maintaining bearish positions as downside risks persist.

Analysts remain divided on the broader technical outlook, with some highlighting bearish divergence on weekly charts while others project bullish breakouts toward $4.50. The descending triangle consolidation pattern under $3.00 is viewed as a potential catalyst for extended targets between $4.00 and $4.50, provided a breakout is confirmed. In the near term, the focus remains on whether XRP can sustain closes above $2.90, which would open the door to $3.00–$3.30. A failure to break through this resistance may reinforce the ceiling and invite renewed selling pressure.

The SEC’s October rulings on XRP ETF applications represent a critical longer-term catalyst. Approval could trigger institutional inflows and support a structural move higher, while delays or rejections may cap momentum around $3.00. With whale inflows, macroeconomic expectations, and regulatory developments converging, XRP is in a pivotal phase of its price action, with both bulls and bears closely tracking key levels.

Source: [1] XRP Price Eyes Breakout Zone – Can Key Hurdles Unlock Bigger Rally? (https://cryptorank.io/news/feed/03f09-xrp-price-eyes-breakout-2-90) [2] 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) [3] What Next as XRP Consolidates Under $3 as Descending Triangle Narrows (https://finance.yahoo.com/news/next-xrp-consolidates-under-3-050955118.html) [4] XRP Price Prediction: Whales Accumulate as Triangle Pattern Sets Stage for Next Major Move (https://coincentral.com/xrp-price-prediction-whales-accumulate-as-triangle-pattern-sets-stage-for-next-major-move/) [5] XRP and SOL Signal Bull Run While Traders Hedge for Fed Meeting (https://finance.yahoo.com/news/xrp-sol-signal-bullish-strength-062449930.html)