XRP News Today: XRP at Crossroads: Bulls vs. Bears Battle for $2.75 Support

XRP’s price action has intensified speculation about potential short-term volatility as the token faces a critical juncture in early September. Following a 4% decline in the last 24 hours, XRP traded between $2.75 and $2.87, with significant institutional liquidation flows totaling $1.9 billion since July contributing to market turbulence. Meanwhile, large whale activity has shown a contrasting trend, with accumulators absorbing 340 million XRP over the past two weeks, signaling divergent behavior between short-term sellers and longer-term holders [1].

Technical analysis underscores the importance of key support and resistance levels in determining the next phase of XRP’s price trajectory. Current support sits at $2.75–$2.77, with further downside levels at $2.50 and $2.00 if the price breaks below this range [1]. On the resistance side, XRP has faced heavy rejection at $2.80–$2.87, limiting upside movement. Analysts highlight that a close above $2.87 could flip the bias toward a rally toward $3.30, while breaking below $2.75 could trigger deeper corrections [2].

The momentum indicators reflect mixed signals. The RSI has dipped to the mid-40s, suggesting oversold conditions, while the MACD shows persistent bearish divergence [1]. However, histogram compression indicates potential for a bullish crossover if accumulation continues, particularly as liquidity pockets above $4.00 could amplify upside gains [1]. On-chain data reveals a symmetrical triangle and double-bottom pattern, reminiscent of bullish formations seen before major price breakouts in 2017 [1].

Market sentiment is further complicated by the broader macroeconomic environment. The Fed’s dovish signals and the expectation of a 91.7% probability of a rate cut this month have created a tug-of-war between bullish crypto optimism and traditional “Red September” seasonality, historically marked by underperformance in digital assets. Additionally, the unresolved U.S. SEC actions against Ripple continue to cast a shadow over institutional participation, contributing to caution among investors [4].

Traders are now closely watching several key factors. Can $2.75 hold as a new floor in early September trading? What will happen if XRP breaks through $2.87 with strong volume? And how will the divergence between large whale accumulation and institutional selling shape the broader market narrative? The next few weeks could be pivotal in defining whether XRP’s price action leads to a sustained rally toward $5–$13 or further consolidation within the current triangle formation [1].

With on-chain metrics showing increased XRP Ledger activity and structural patterns suggesting potential for a breakout, the token’s near-term fate hinges on whether bulls can reclaim control through increased buying volume and strong support level holds. Analysts remain split, with some emphasizing the potential for a significant reversal if the price reclaims $3, while others warn of a prolonged correction should bears push the price below $2.50 [2].

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] XRP Price Prediction: XRP Poised for Apex Breakout—Will the Next Move Send It to $5? (https://bravenewcoin.com/insights/xrp-price-prediction-xrp-poised-for-apex-breakout-will-the-next-move-send-it-to-5) [3] XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest (https://finance.yahoo.com/news/xrp-hits-wall-solana-slips-000151469.html) [4] XRP Tests Support While Solana and PUMP Show Mixed Signals (https://coinmarketcap.com/academy/article/xrp-tests-support-while-solana-and-pump-show-mixed-signals)