TLDR
- XRP surged to $2.88 but faced resistance at $2.90-$2.92 level during Monday’s trading session
- Federal Reserve meeting on September 17 has 99% probability of 25-basis-point rate cut affecting crypto flows
- Token forms symmetrical triangle pattern with key support at $2.76 and resistance at $2.95
- Daily trading volume exceeded 3.52 billion with market cap reaching $170.76 billion
- Whale accumulation continues with 1.7 million tokens purchased over the past month
XRP price climbed from $2.83 to $2.88 during Monday’s trading session as the cryptocurrency tested critical resistance levels. The token briefly touched $2.92 on volume that reached six times the daily average before pulling back.
The price action occurred as futures markets price a 99% chance of a Federal Reserve rate cut at the September 17 FOMC meeting. Escalating U.S.-China trade tensions have pushed additional risk flows into crypto markets.
Market analyst Dom reported over 10 million XRP in net buy pressure during a 15-minute breakout window. The token’s daily trading volume exceeded 3.52 billion, while its market capitalization reached $170.76 billion.
XRP currently trades at approximately $2.87, representing a 2.39% gain over the past 24 hours. Bulls have defended the $2.86 support level across multiple retests during the consolidation phase.
The cryptocurrency has formed a symmetrical triangle pattern according to technical analysis. This pattern shows key support at $2.76 and resistance at $2.95, with traders watching for a decisive breakout.
The 50-day and 200-day exponential moving averages sit at $2.82 and $2.88 respectively. XRP has been making higher lows since early September, indicating increasing buying pressure from market participants.
XRP Price Prediction
The Relative Strength Index stands at 58, showing neutral-to-bullish momentum without reaching overbought conditions. The MACD histogram is converging toward a bullish crossover, confirming the accumulation trend.
Recent candles show small-bodied indecisive moves followed by aggressive bullish closes. An upward move above $2.88 could trigger a surge toward $2.95 and potentially $3.04.
A downward break below $2.76 would shift sentiment bearish and target support levels at $2.70 and $2.63. These levels represent critical areas for determining the token’s next directional move.
Analyst Dark Defender has indicated XRP would retest the $3 resistance level. This price point has served as a major obstacle for the cryptocurrency in previous trading sessions.
#XRP on the daily time frame is poised to retest the $3 weekly resistance line. RSI is getting bullish.
We identified the $2.85 level as a primary support level, which is currently acting as a resistance.
All support levels remain in effect.
We are getting there slowly but… pic.twitter.com/pSMWQT4HUE— Dark Defender (@DefendDark) September 7, 2025
Accumulation Data Shows Growing Investor Interest
XRP has entered accumulation mode with the highest net position change in approximately two years. Investors purchased 1.7 million tokens over the past month, indicating growing confidence in the cryptocurrency.
Whale inflows remain under close scrutiny, with reports showing 340 million XRP accumulated in recent weeks. Continued large-scale buying could support the current consolidation floor around $2.86.
The Network Value to Transactions ratio has reached its highest point in two months. This metric suggests the network value is increasing faster than transaction volume, which historically has preceded momentum shifts.
The technical community remains divided between bearish divergence signals on weekly charts and bullish breakout projections targeting $4.50. The descending triangle consolidation pattern under $3.00 could extend targets to $4.00-$4.50 upon confirmation.
SEC rulings on spot XRP ETF applications scheduled for October represent a longer-term catalyst. Approval could trigger institutional inflows, while delays may cap momentum around the $3.00 level.
XRP traded in a $0.10 range between $2.83-$2.92 with 4% volatility during the September 7-8 window. The final hour pullback saw the token slide 1% from $2.88 to $2.87 with a sharp 2.1 million volume spike capping the rally.
