XRP (XRP) Price Prediction For September 10
XRP price today is trading at $2.99, holding just below the psychological $3.00 mark after a sharp rebound from $2.88 support. The token’s range remains capped by a descending trendline, with technical compression converging against rising institutional flows and macro optimism.
XRP Price Retests Key Resistance
The 4-hour chart shows XRP testing the $2.99 ceiling over and over again, while buyers protect the $2.88–$2.90 base. A long-term downward trendline from July is still acting as resistance, but recent bullish candles show that the pressure for a breakout is growing.
Short-term EMAs (20/50/100) have come together around $2.87–$2.92, which is now a strong area for accumulation. Near $2.87, the Parabolic SAR turned bullish, which added to the upside bias. If momentum goes above $2.99, it will open the way to $3.10 and $3.30 in the near future.
Derivatives Data Show Institutional Positioning
In the last 24 hours, XRP derivatives trading has gone through the roof. Open interest in futures rose 5.4% to $8.03 billion, and trading volume rose 29% to $6.89 billion. …
The post XRP (XRP) Price Prediction For September 10 appeared first on Coin Edition.
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XRP (XRP) Price Prediction For September 10
XRP price today is trading at $2.99, holding just below the psychological $3.00 mark after a sharp rebound from $2.88 support. The token’s range remains capped by a descending trendline, with technical compression converging against rising institutional flows and macro optimism.
XRP Price Retests Key Resistance
The 4-hour chart shows XRP testing the $2.99 ceiling over and over again, while buyers protect the $2.88–$2.90 base. A long-term downward trendline from July is still acting as resistance, but recent bullish candles show that the pressure for a breakout is growing.
Short-term EMAs (20/50/100) have come together around $2.87–$2.92, which is now a strong area for accumulation. Near $2.87, the Parabolic SAR turned bullish, which added to the upside bias. If momentum goes above $2.99, it will open the way to $3.10 and $3.30 in the near future.
Derivatives Data Show Institutional Positioning
In the last 24 hours, XRP derivatives trading has gone through the roof. Open interest in futures rose 5.4% to $8.03 billion, and trading volume rose 29% to $6.89 billion. …
The post XRP (XRP) Price Prediction For September 10 appeared first on Coin Edition.
Читать больше
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