Quick overview

Live XRP/USD Chart

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XRP struggles to maintain the $2.8 crucial support level. Technical indicators, such as the RSI (around 40), although the decline is less severe now, suggest that the market remains uncertain, neither fully bullish nor completely bearish. What happens next could influence Ripple’s short-term direction as September begins.

The immediate support is at $ 2.8, with a lower zone around $2.50, where previous consolidation and buying activity occurred. Traders are divided: will easing liquidation pressure trigger a relief rally, or is XRP heading for a further drop?

A stronger resistance band is forming near $3.10–$3.12, where a descending trendline and past rejections align. On the upside, resistance levels are clustered near $3. After weeks of heavy pressure, XRP tested the $ 70 support zone after breaking out of a symmetrical triangle. As often happens, a spinning bottom candlestick pattern has appeared on the daily chart as a potential sign of recovery.

XRP remains in a neutral zone, neither overbought nor oversold, with the current RSI near 40. This could lead to a technical rebound or further correction. The uncertainty influences short-term trading sentiment and the forecasted mixed ripple price.

If support at $ 2.8 holds, XRP may briefly rally toward $3, a level supported by several technical rejection points. Stronger resistance is anticipated at $ 3.1, which would come into focus if XRP surpasses $3.00. If bullish momentum returns, XRP could attempt to test $3.5, potentially driven by macroeconomic tailwinds, easing liquidations, or a broader recovery in the cryptocurrency market.

These targets support the case for a short-term increase within the current XRP price outlook, providing traders with key levels to monitor during any relief rally.