XRP Volatility Widens as Price Holds $2.77 Support. What Next?

Token trades betwixt $2.70–$2.84 successful Aug. 31–Sept. 1 window, with whale accumulation countering dense absorption astatine $2.82–$2.84.

Updated Sep 1, 2025, 1:27 p.m. Published Sep 1, 2025, 1:27 p.m.

What to know:

Token trades betwixt $2.70–$2.84 successful Aug. 31–Sept. 1 window, with whale accumulation countering dense absorption astatine $2.82–$2.84.

News Background

• XRP fell from $2.80 to $2.70 during precocious Aug. 31–early Sept. 1 earlier rebounding to $2.82 connected dense volumes.
• Whales accumulated 340M XRP implicit 2 weeks, a awesome of organization condemnation contempt short-term bearish pressure.
• On-chain enactment spiked with 164M tokens traded during the Sept. 1 greeting rebound, much than treble league averages.
• September remains a historically anemic period for crypto, but whale accumulation is viewed arsenic a counterbalance to retail liquidation flows.

Price Action Summary

• Trading scope spanned $0.14 (≈4.9%) betwixt $2.70 debased and $2.84 high.
• The steepest diminution came astatine 23:00 GMT connected Aug. 31, arsenic terms slid from $2.80 to $2.77 connected 76.87M volume, astir 3x regular averages.
• At 07:00 GMT Sept. 1, bullish flows drove a rebound from $2.73 to $2.82 connected 164M volume, cementing $2.70–$2.73 arsenic near-term support.
• Final hr consolidation (10:20–11:19 GMT) saw terms gaffe 0.71% from $2.81 to $2.79, with dense selling betwixt 10:31–10:39 connected 3.3M measurement per minute, confirming absorption astatine $2.80–$2.81.

Technical Analysis

• Support: $2.70–$2.73 level repeatedly defended, reinforced by whale buying.
• Resistance: $2.80–$2.84 remains the rejection zone, with $2.87–$3.02 arsenic the adjacent upside threshold.
• Momentum: RSI adjacent mid-40s aft rebound, showing neutral-to-bearish bias.
• MACD: Compression signifier continues; imaginable crossover if accumulation persists.
• Patterns: Symmetrical triangle forming with volatility compression; breakout way remains unfastened toward $3.30 if absorption clears.

What Traders Are Watching

• If $2.70–$2.73 holds, short-term traders volition dainty it arsenic a springboard for $2.84 retests.
• A adjacent supra $2.84 would enactment $3.00–$3.30 backmost successful play.
• Downside scenario: breach of $2.70 exposes $2.50 arsenic adjacent structural support.
• Whale accumulation vs. organization selling — the push-pull dynamic that could dictate September direction.

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