XRP Set for Higher Prices as MACD Nears Potential Bullish Crossover

Token climbs from $2.74 to $2.82 arsenic whales adhd astir $960M successful exposure, adjacent arsenic analysts pass of imaginable correction.

Updated Sep 2, 2025, 3:25 a.m. Published Sep 2, 2025, 3:25 a.m.

What to know:

News Background

• XRP roseate 3% successful the 24-hour model from Sept. 1 astatine 03:00 to Sept. 2 astatine 02:00, moving betwixt $2.70–$2.83 connected 5% intraday volatility.
• Institutional enactment dominated aboriginal hours, with 164.9M XRP traded astatine 07:00–08:00 GMT, astir treble the 24-hour mean of 86M.
• Whales accumulated 340M tokens (~$960M) implicit the past 2 weeks, signaling condemnation contempt broader marketplace weakness.
• Seasonal September softness and regulatory uncertainty stay cardinal headwinds. Spot XRP ETF applications from Grayscale, Bitwise, and others are pending with U.S. regulators.
• Analysts are split: immoderate emblem downside risks toward $1.00 aft the July $3.65 peak, portion others constituent to semipermanent breakout setups with $7–$8 targets.

Price Action Summary

• XRP opened adjacent $2.74 and precocious to a greeting precocious of $2.83 connected dense measurement earlier fading to $2.77 by league close.
• Support repeatedly held astatine $2.70–$2.74, portion $2.83 was rejected arsenic short-term resistance.
• Late league (23:18–00:17 GMT) saw a 0.68% determination from $2.74 to $2.77, with 2M+ tokens per infinitesimal traded during highest bursts, confirming organization flows.

Technical Analysis

• Support: $2.70–$2.74 established arsenic the near-term floor.
• Resistance: $2.83 is the contiguous ceiling; $3.00–$3.30 remains the broader breakout band.
• Momentum: RSI unchangeable successful mid-50s, indicating neutral-to-bullish bias.
• MACD: Histogram converging toward bullish crossover arsenic accumulation builds.
• Patterns: Symmetrical triangle with consolidation nether $3.00; interruption supra $3.30 could people $4.00+.
• Volume: Early-session spike to 164.9M signaled whale participation, aboriginal fading to 21.7M arsenic retail dominated.

What Traders Are Watching

• Institutional accumulation vs. expert calls for a rhythm apical — which broadside defines September’s trajectory.
• Pending ETF rulings arsenic imaginable catalysts for inflows.
• Breakout scenario: reclaim $2.83, past trial $3.00–$3.30.
• Breakdown scenario: suffer $2.70 floor, exposing $2.50.

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