XRP News Today: XRP at Crossroads: Whales Accumulate as Institutions Sell Off

XRP, the native token of the XRP Ledger, has recently exhibited a complex price action amid mixed signals in the broader crypto market. As September began, XRP broke below the $2.80 level, declining 4% in the 24-hour session ending Sept. 1 at 02:00 GMT. The token’s price dropped from $2.85 to $2.75, moving across a $0.12 range. This movement was accompanied by significant institutional liquidation flows totaling $1.9 billion since July, amplifying fears of cyclical exhaustion and contributing to the bearish sentiment in September, a month historically associated with underperformance in crypto markets.

Amid the volatility, whales—large holders—have accumulated 340 million XRP over the past two weeks. This accumulation highlights a divergence between short-term liquidators and long-term holders. On-chain data indicates increased activity on the XRP Ledger, with symmetrical-triangle formations resembling conditions seen before the 2017 breakout. Analysts suggest that if key resistance levels are broken, XRP could see upside potential to $5–$13, with liquidity concentrations noted up to $4.00 that could amplify such a move.

Technical analysis underscores the current critical junctures in XRP’s price movement. Immediate support is found in the $2.75–$2.77 range, with $2.50 and $2.00 serving as longer-term levels. Resistance remains heavy between $2.80–$2.87, with $3.30 acting as a higher-term breakout target. The RSI indicator has dipped into the mid-40s, suggesting oversold conditions, while the MACD shows bearish divergence that could persist until accumulation patterns reverse. The symmetrical triangle formation aligns with a potential cup-and-handle structure, offering long-term optimism if these patterns resolve favorably.

Volume data also reveals key insights. A sharp decline occurred at 23:00 GMT on Aug. 31, when XRP dropped from $2.80 to $2.77 on a volume spike of 76.87 million, nearly triple the daily average of 27.3 million. Later, during the final hour of Sept. 1, XRP fell from $2.77 to $2.75, with trading volume spikes confirming forced liquidations. Earlier in the day, the token briefly touched $2.87 before retreating, as institutional selling capped rallies above $2.80. These volume patterns indicate a tug-of-war between bulls and bears, with institutional selling contrasting against whale accumulation.

Traders and investors are closely monitoring key levels and potential catalysts. A critical question is whether $2.75 will hold as the new floor in early September trading. A close above $2.87 could flip the bias toward a run at $3.30. Analysts are also watching the divergence between institutional selling and whale accumulation, as this dynamic could drive market sentiment. Additionally, the broader September market weakness, coupled with regulatory uncertainties in the U.S., may weigh on XRP’s near-term performance. However, if bullish structural setups materialize, XRP could see a rally toward $5–$13.

XRP’s market capitalization has recently rebounded to $170 billion, securing its position as the third-largest cryptocurrency by market cap. This surpasses Tether’s $168.1 billion, a development that has historically correlated with improved Altcoin performance. Investors are closely watching the U.S. Securities and Exchange Commission’s (SEC) decision on several Altcoin spot ETF applications, expected by October. The outcome of these decisions could significantly influence XRP’s price trajectory and market dominance.

In summary, XRP’s price action in early September reflects a period of consolidation and uncertainty, with both bearish and bullish signals emerging. Institutional liquidation and seasonal market dynamics pose challenges, while whale accumulation and technical formations offer potential upside. The coming weeks will be pivotal in determining whether XRP can break out of its current range and initiate a sustained rally, particularly as the market awaits regulatory developments and broader macroeconomic factors.

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)

[5] XRP (Ripple) recovered its market capitalization to $170 billion (https://www.mk.co.kr/en/stock/11411464)

[6] XRP Price, XRP Price, Live Charts, and Marketcap (https://www.coinbase.com/price/xrp)