XRP News Today: September Stares Down XRP as Whales Plot the Next Move

XRP is currently at a pivotal juncture, with mixed signals emerging from both technical indicators and on-chain activity. Over the past 24 hours, XRP has declined approximately 4%, moving from $2.85 to $2.75, amid heightened institutional selling pressure. Since July, institutional liquidation flows have totaled $1.9 billion, raising concerns about market exhaustion as the historically bearish month of September begins [1]. However, whales have been accumulating 340 million XRP over the past two weeks, highlighting a divergence between large holders and short-term traders, which may signal accumulation rather than capitulation [1].

From a technical perspective, XRP has tested key support levels, with $2.75–$2.77 currently serving as the immediate floor. A breakdown below this range could see the price fall toward $2.50 and $2.00 in the medium term [1]. Resistance remains strong between $2.80 and $2.87, with a critical breakout level at $3.30. The RSI has dipped into the mid-40s, suggesting oversold conditions, while MACD divergence remains bearish but shows signs of tightening. Symmetrical triangle and double-bottom formations are emerging on the chart, mirroring patterns observed before major price moves in 2017. Analysts have noted that a sustained move above $2.87 could propel XRP toward $3.30, with potential upside reaching as high as $5–$13 if key resistance levels are decisively broken and liquidity pockets above $4.00 are tapped [1].

Whale activity has remained a focal point for traders. Large holders have acquired 1.7 billion XRP in the $2.81–$3.13 price range, providing temporary stability, but a significant sell-off of 470 million XRP in mid-August erased 17% of market value, underscoring the fragile balance between accumulation and distribution [2]. The Taker Buy-Sell Ratio is currently at 0.90, indicating continued selling pressure. Historically, ratios below 1 have signaled local bottoms, with past recoveries following dips in the ratio by up to 20% in the subsequent weeks [2].

Regulatory developments and ETF activity are also shaping the outlook for XRP. Ten major asset managers, including Invesco and Franklin Templeton, have filed for spot XRP ETFs, with derivatives-based products already accumulating $500 million in combined assets. A full SEC approval could force institutional purchases of billions of XRP, potentially absorbing a significant portion of the circulating supply and providing a major catalyst for price appreciation [2]. The probability of approval is currently priced at 85%, echoing Ethereum’s ETF approval path, which led to $12.4 billion in net inflows within its first year [2].

Beyond speculative trading, XRP’s utility in the Ripple ecosystem is growing. Ripple’s stablecoin, RLUSD, has reached $700 million in circulation, with notable transactions including the Bullish IPO and potential Gemini listings. RLUSD’s transaction volume rose 15% month-over-month to $2.7 billion, demonstrating tangible usage [2]. Additionally, Ripple’s acquisition of Rail has expanded its institutional payment reach, reinforcing XRP’s role in cross-border settlements and long-term demand drivers.

With the U.S. Federal Reserve set to meet in September, the likelihood of a rate cut stands at 85%, which could inject liquidity into risk assets like XRP. A dovish pivot may push the price back above $3.25 and toward $4.60 in the short term. Conversely, persistent inflation—evidenced by July’s 2.9% YoY PCE Index—could delay easing and prolong downward pressure [2]. Chart patterns, including a bullish flag and a long-term cup-and-handle formation, suggest a potential move to $4.60 or even $52 if XRP sustains above $2.79 and breaks through key resistances [2].

In summary, XRP remains at a crossroads, with short-term technical indicators pointing to a possible drop to $2.58, while whale accumulation and ETF potential offer a long-term bullish case. The XRP ecosystem’s expansion, regulatory clarity, and macroeconomic conditions present both risks and opportunities, making XRP a high-potential but volatile investment at its current valuation.

Source:

[1] XRP Price News: Breaks $2.80 as Bearish September Begins (https://www.coindesk.com/markets/2025/09/01/xrp-breaks-usd2-80-as-bearish-september-begins-oversold-signals-suggest-recovery-ahead)

[2] Ripple XRP Price Forecast: XRP-USD With $2.80 Support ... (https://www.tradingnews.com/news/ripple-xrp-price-forecast-xrp-usd-etf-bets-and-whale-moves-test-280-usd-support)