The XRP price has done well this year so far, but lately has been testing the patience of traders. The big question now is whether buyers can hold this key level—or if another 25% correction is on the cards for September. Sentiment is mixed, and attention is already drifting to alternative plays. Meme coins like Layer Brett, for instance, are taking some capital from XRP.
Ripple (XRP): Bulls fighting to defend support at $2.80
The chart shows exactly where the line in the sand sits. The Ripple (XRP) price has bounced at $2.80 several times, making it a critical zone for bulls to defend. If it breaks, analysts warn of a fast move lower, possibly toward $2.20 before stabilising.
There are positives. Ripple’s progress on cross-border settlement continues, and institutional adoption is still part of the long-term case. That’s why some traders remain patient—even if short-term action looks weak. A sustained bounce here could reignite optimism, with targets near $3.30 if buyers can regain momentum.
But the problem isn’t fundamentals—it’s speed. Other tokens, even meme-driven projects like Layer Brett (LBRETT), are attracting attention precisely because they offer volatility and upside XRP isn’t delivering right now.
Market sentiment: Can XRP bulls change the narrative?
Crypto markets thrive on momentum, and the XRP price hasn’t been delivering much lately. Volume has thinned, breakout attempts stall quickly, and the coin feels stuck in a holding pattern. For bulls, that makes defending $2.80 even more crucial—lose that level, and the narrative tilts sharply bearish.
Some analysts argue XRP is consolidating for a larger move. The legal clarity from its SEC battle remains a tailwind, and cross-border use cases give it credibility that many competitors lack. That said, credibility doesn’t always equal gains. Traders chasing fast returns are turning their heads elsewhere, toward coins with lower market caps and fresher stories.
One name surfacing often is Layer Brett—a meme-inspired Ethereum Layer 2 that’s been trending in presale chatter. The contrast highlights XRP’s dilemma: it’s a reliable, institution-friendly asset, but lacks the kind of speculative spark that drives retail frenzies.
Some traders call this the “XRP fatigue effect.” When a coin spends too long consolidating, even loyal holders begin looking for action elsewhere. The XRP price can still appeal to institutions, but retail thrives on adrenaline. That’s why meme-driven names, including Layer Brett, are drawing outsized attention. They may be riskier, but in a bull cycle, risk often pays the headlines—and that’s a challenge XRP must overcome.
XRP price prediction: $3.30 rebound or 25% fall?
Technical analysts see two paths. If $2.80 holds, the XRP price could bounce back to $3.30, restoring short-term confidence. A decisive break, however, would open room for a 25% slide to the low $2.20s. That binary setup has traders divided, with some reducing exposure until a clearer direction emerges.
The long-term view remains cautiously bullish. Ripple’s network is still expanding, and regulatory wins matter. But traders are pragmatic: while XRP may eventually grind higher, they know opportunity cost is real. That’s why mentions of high-upside plays like Layer Brett keep surfacing. It’s not about fundamentals—it’s about positioning for the next wave.
In short, XRP can still deliver gains, but they’re likely measured. For parabolic moves, the market is increasingly looking elsewhere.
Conclusion
The XRP price is at a crossroads: defend $2.80 and a rebound toward $3.30 is possible, fail and a 25% drop could follow. Bulls still have reasons to be confident, but traders hungry for fast multiples are already glancing at alternatives like Layer Brett. That quiet shift in sentiment says as much about XRP as it does about what comes next.
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
