XRP (XRP) Price Prediction: Breakout or Breakdown Ahead?
XRP is attempting to stabilize after a volatile start to September, with the XRP price today trading near $2.80. Buyers stepped in to defend the $2.75–$2.80 range after repeated pullbacks through late August, keeping the broader uptrend intact despite heavy resistance overhead.
The latest rebound comes as on-chain data shows positive net inflows into spot markets, suggesting whales are accumulating at current levels. At the same time, descending resistance continues to cap upside momentum, leaving traders split on whether XRP is preparing for another breakout or at risk of deeper retracement.
With critical support layered between $2.60 and $2.65 and immediate resistance at $2.93, the next few sessions could define short-term direction.
XRP Price Holds Structure Near Key Support
On the daily chart, XRP price action is compressing beneath a descending trendline that has limited upside since the early August peak above $3.60. Price has consistently tested the $2.80 support area, which overlaps with the 0.5 Fibonacci retracement at $2.50 and provides a structural base for buyers.
The post XRP (XRP) Price Prediction: Breakout or Breakdown Ahead? appeared first on Coin Edition.
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XRP (XRP) Price Prediction: Breakout or Breakdown Ahead?
XRP is attempting to stabilize after a volatile start to September, with the XRP price today trading near $2.80. Buyers stepped in to defend the $2.75–$2.80 range after repeated pullbacks through late August, keeping the broader uptrend intact despite heavy resistance overhead.
The latest rebound comes as on-chain data shows positive net inflows into spot markets, suggesting whales are accumulating at current levels. At the same time, descending resistance continues to cap upside momentum, leaving traders split on whether XRP is preparing for another breakout or at risk of deeper retracement.
With critical support layered between $2.60 and $2.65 and immediate resistance at $2.93, the next few sessions could define short-term direction.
XRP Price Holds Structure Near Key Support
On the daily chart, XRP price action is compressing beneath a descending trendline that has limited upside since the early August peak above $3.60. Price has consistently tested the $2.80 support area, which overlaps with the 0.5 Fibonacci retracement at $2.50 and provides a structural base for buyers.
The post XRP (XRP) Price Prediction: Breakout or Breakdown Ahead? appeared first on Coin Edition.
Read More
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