XRP News Today: Whales Stake Long-Term Bet as XRP Hovers Near $3

XRP has remained consolidated under $3 amid ongoing market dynamics driven by speculative trading and accumulation trends. The altcoin reached $2.88 in late September after a 3% intraday rally, primarily fueled by high-leverage speculative demand and increased activity in derivatives markets. Despite the price increase, 24-hour trading volume declined by 10.3%, suggesting that the rally was driven more by trader anticipation of future events rather than broad-based market demand. Futures trading data from Coinglass revealed a 17% increase in XRP futures volume, with open interest rising by 3%, reinforcing the influence of speculative positioning ahead of key regulatory decisions.

Recent accumulation patterns indicate growing confidence among investors. Data from Glassnode highlights a record net buy position over the past month, with approximately 1.7 million XRP tokens accumulated by market participants. This level of buying activity is the largest in over two years and suggests that investors are positioning for a potential price breakout. Over the last few weeks, reports indicate that whale holders have acquired 340 million XRP tokens, signaling long-term optimism despite short-term volatility and macroeconomic uncertainties.

Technical indicators paint a mixed picture for XRP’s near-term outlook. The price has consolidated near $2.88, with Bollinger Bands narrowing between $2.70 support and $3.07 resistance, suggesting volatility compression ahead of a potential breakout. The RSI has improved to 48.3, reflecting a shift from oversold levels, but remains within a neutral-to-bullish range. A successful breakout above $3.07 could push XRP toward $3.20 and potentially $3.45, especially if regulatory developments related to ETFs proceed favorably. However, bearish risks persist, with leveraged long positions vulnerable to negative macroeconomic catalysts that could trigger liquidations and push the price toward $2.70 or even $2.50.

The broader macroeconomic environment also plays a key role in XRP’s movement. Market expectations for a 25-basis-point Federal Reserve rate cut on September 17 have influenced inflows into crypto assets. Institutional interest has remained strong, with the anticipated rate cut expected to ease liquidity conditions and potentially drive further consolidation or breakout. Meanwhile, geopolitical tensions, particularly U.S.-China trade dynamics, have added to market volatility, drawing risk-seeking flows into crypto.

Long-term price projections vary widely, with some analysts suggesting dramatic growth scenarios based on tokenization trends. One bold forecast by crypto analyst Costa posits that XRP could reach $473,000 if 10% of global assets are tokenized by 2030. This scenario is predicated on the XRP Ledger’s potential to become a foundational infrastructure for tokenized assets, which could dramatically increase demand for XRP and drive its market capitalization to levels rivaling major asset classes. While this remains speculative, it reflects growing optimism around Ripple’s expanding role in global financial infrastructure.

Source:

[1] Ripple (XRP) Price Moves Toward $3 as Community ... (https://finance.yahoo.com/news/ripple-xrp-price-moves-toward-215804400.html)

[2] XRP Price Receives Major Bullish Indicator After Record Buy (https://beincrypto.com/xrp-price-two-year-high-accumulation/)

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

[4] XRP Price Prediction: Analyst Projects XRP at $473K if 10 ... (https://bravenewcoin.com/insights/xrp-price-prediction-analyst-projects-xrp-at-473k-if-10-of-global-assets-are-tokenized-by-2030)