XRP News Today: XRP's Triangle Tightens: Institutional Moves and ETF Hopes Build $3.05 Pressure

XRP’s price movement on September 8, 2025, showed signs of potential bullish momentum, with technical indicators suggesting a possible breakout between $2.70 and $3.05. The cryptocurrency traded at $2.84 during the day, up 1.12% with a market cap of $169 billion and a daily trading volume surpassing $2 billion. On the technical chart, XRP was consolidating within a symmetrical triangle, with key support at $2.76 and resistance at $2.95. The price was compressed between the 50-day exponential moving average (EMA) at $2.82 and the 200-day EMA at $2.88, indicating a potential breakout scenario. The Relative Strength Index (RSI) stood at 58, signaling building momentum without entering overbought territory. Candlestick patterns suggested the early formation of a “three white soldiers” structure, a classic bullish sign in technical analysis. A sustained close above $2.88 could open the path to $2.95–$3.04, while a rejection below $2.76 could trigger a retest of $2.70 and $2.63 [1].

On-chain activity also reflected strong investor positioning. In the past month, 1.7 million XRP tokens were accumulated, marking the strongest accumulation phase in two years. Exchange net position data indicated that investors were increasingly moving coins off exchanges, a sign of confidence in a potential price breakout. However, the Network Value to Transactions (NVT) ratio had spiked, raising concerns about short-term overvaluation and potential volatility [1]. Despite this, continued accumulation suggests a strong runway toward $3.07, assuming the market can absorb any volatility and remain stable.

Technical indicators on the hourly chart further reinforced the possibility of an imminent move. XRP was trading above the $2.850 level and the 100-hourly Simple Moving Average, with a bullish trend line forming at $2.8650 on the hourly chart. A sustained rally above $2.90 could test the $2.920 resistance level, with a clear break above that likely sending the price toward $2.980 and eventually $3.00. Analysts identified $3.05 as a critical psychological hurdle for bulls. If XRP could surpass this level, it might continue toward $3.20–$3.38 as higher resistance levels. Failure to clear $2.920, however, could see a retest of the $2.850 and $2.80 support zones, potentially dragging the price further down to $2.720 or even $2.50 [2].

Futures market dynamics also reflected bullish sentiment, despite a cooling of retail participation. XRP futures Open Interest had declined from $10.94 billion in July to $7.4 billion, suggesting reduced retail enthusiasm. However, funding rates remained positive at 0.0083%, indicating that long traders were still paying premiums to hold bullish positions. This suggests that leveraged demand could potentially push XRP above the $3.00 psychological barrier, especially if funding rates rise further. Conversely, the decline in Open Interest indicated that retail traders were stepping back, making the market more reliant on institutional support to maintain upward momentum [1].

XRP’s broader institutional adoption and upcoming events were also generating bullish sentiment. Ripple’s global expansion continued to grow, with 90+ active payment markets and partnerships such as SBI Remit deepening integration in Asia. Additionally, RippleNet’s recent partnership with Onafriq connected 27 African nations to Ripple’s cross-border payment infrastructure, highlighting the cryptocurrency’s expanding utility [1]. The upcoming Ripple Swell 2025 conference in New York, where BlackRock executive Maxwell Stein was scheduled to speak, added further institutional weight to the asset. While BlackRock denied any immediate ETF plans, 18 XRP ETF applications were under review by the SEC, with potential approval seen as a major catalyst. Analysts estimated that if all ETFs were approved, XRP could target $10–$16 by year-end 2025 [1].

Despite speculative hype and wild price forecasts, including claims that XRP could reach $50,000, grounded analysis placed more realistic expectations around 2025. Most expert models projected XRP trading between $2.80 and $5.25 by 2030. These more measured forecasts aligned with broader trends in institutional adoption and real-world use cases such as cross-border payments and remittances. XRP’s RLUSD stablecoin was also gaining traction, particularly in emerging markets like South Africa, where it was being used in climate insurance pilots and cross-border fintech partnerships. Analysts noted that RLUSD’s adoption directly increased XRP demand by providing on-demand liquidity [1].

Source: [1] XRP Price Forecast: Ripple Targets $3 Breakout, ETFs and ... (https://www.tradingnews.com/news/xrp-price-forecast-ripple-eyes-3-usd) [2] XRP Price Eyes Breakout Zone – Can Key Hurdles Unlock ... (https://www.mitrade.com/insights/news/live-news/article-3-1103303-20250908)