XRP News Today: XRP's $27 Hike Hinges on Breaking Out of 3-Year Price Box

XRP is currently in a consolidation phase following a recent downturn, according to market analyst EGRAG Crypto, who believes this period could precede a significant price breakout. After five consecutive intraday losses, XRP is trading at $2.73, having dropped below the $3 psychological level. Despite this bearish trend, EGRAG suggests the price could rally to $27, citing historical trendlines that have shaped XRP’s price action over the past decade. The analyst notes that the cryptocurrency has been trading within a consolidation channel since May 2022, a period marked by a rebound from as low as $0.50 after the Terra collapse. While XRP briefly broke out to $3.40 in January 2025, it has since retraced and is now stabilizing within the $2.75–$2.80 range. EGRAG’s analysis highlights a potential for a major upward move if the price breaks free from this consolidation phase, with initial resistance at $3.60 and a long-term target of $27. This optimistic outlook is supported by the idea that a breakout could align with previous trendlines, setting the stage for a new all-time high. [1]

Meanwhile, technical analysts have raised concerns about potential short-term volatility as XRP faces critical support levels in September 2025. XRP’s price dropped below $2.80 during heavy selling, with volume spiking to 76.87 million, nearly triple the average daily volume. This breakdown has invalidated a bullish flag pattern, leading some analysts to expect a further 10% decline in the coming weeks. Institutional liquidations have reached $1.9 billion since July, while whale accumulations of 340 million XRP over the past two weeks suggest long-term confidence despite short-term weakness. The current price of $2.75 places XRP near a crucial support zone identified by Glassnode, where 1.71 billion XRP were acquired between $2.81 and $2.82. If this level fails to hold, the price could fall toward the $2.60 range, where the 200-day exponential moving average provides additional support. Analysts remain divided, with some viewing the pullback as a buying opportunity and others warning of further downward pressure in the near term. [2]

On-chain data reveals a mixed picture of XRP’s market dynamics. Positive net inflows into spot markets suggest whale accumulation at current levels, indicating that institutional investors see potential in the asset despite short-term volatility. The divergence between short-term liquidators and long-term holders has created conflicting signals, adding complexity to the market outlook. Whale wallets holding 10–100 million XRP have increased their holdings to 7.84 billion tokens, primarily in the $3.20–$3.30 range, signaling strong institutional confidence. In contrast, $1.9 billion in institutional liquidations since July reflect bearish sentiment and ongoing profit-taking. This duality in behavior highlights the challenges traders face in predicting XRP’s short-term trajectory. Analysts such as CryptoInsightUK have noted that XRP’s pairing with Bitcoin has pulled back to a critical support zone on the 4-hour chart, with the RSI showing oversold conditions. While this does not guarantee a bottom, it suggests the potential for a rebound, particularly if liquidity conditions improve. [2]

Despite these uncertainties, some experts remain bullish on XRP’s long-term prospects. Projections from various analysts and AI models vary widely, with conservative forecasts from platforms like Changelly and Binance predicting a range of $2.74 to $3.17 for September 2025. More aggressive predictions from AI models such as Elon Musk’s Grok AI suggest the price could reach $3.50–$4.20, with potential for $5+ if a spot ETF is approved. James Crypto Space and Standard Chartered have even suggested more dramatic price targets of $9 and $8, respectively. These forecasts are based on the assumption that regulatory clarity following the Ripple-SEC case will pave the way for increased institutional adoption. The recent launch of the ProShares Ultra XRP ETF has already attracted $1.2 billion in its first month, and CME XRP futures have crossed $1 billion in trading volume. These developments indicate growing institutional interest and could serve as a catalyst for further price appreciation if XRP breaks out of its current consolidation phase. [2]

The broader market environment, however, remains a source of risk. September is historically a volatile month for cryptocurrencies, with XRP’s average performance showing a gain of nearly 87% in prior years. However, the current regulatory landscape in the U.S. remains uncertain, and ongoing legal battles with the SEC continue to weigh on market sentiment. Additionally, technical indicators such as the MACD and RSI suggest bearish momentum, with the former showing an imminent bearish crossover on weekly charts and the latter indicating oversold conditions in the mid-40s. While these signals do not necessarily confirm a deeper correction, they underscore the need for caution as XRP navigates this critical juncture. Analysts recommend that traders closely monitor key resistance levels, particularly $2.93, as well as support levels in the $2.60–$2.65 range, which could determine the direction of the next price move. [3]

Source:

[1] Market Expert Says XRP Now Consolidating Before the Next Big Move to $27 (https://thecryptobasic.com/2025/09/01/market-expert-says-xrp-now-consolidating-before-the-next-big-move-to-27/)

[2] Can XRP Price Fall 10% in September 2025? The New Price Predictions and Technical Analysis (https://www.financemagnates.com/trending/can-xrp-price-fall-10-in-september-2025-the-new-price-predictions-and-technical-analysis/)

[3] XRP (XRP) Price Prediction: Breakout or Breakdown Ahead? (https://cryptorank.io/news/feed/538ca-xrp-price-prediction-and-analysis-for-september-2025)