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XRP Surpasses $2.80 Amid September’s Bearish Start, Oversold Indicators Hint at Potential Rebound

XRP’s latest maneuver has sparked intrigue among crypto enthusiasts as it dipped by 4% to $2.75 in the early hours of September 1, 2025. This shift comes amid a whirlwind of market forces, including significant institutional liquidations and bullish whale activity, setting the stage for a potentially volatile September.

Institutional Exodus Meets Whale Influx

The market’s ebb and flow are on full display, with institutional players offloading a substantial $1.9 billion since July. This exit has stoked fears of a brewing cyclical downturn. Yet, in a fascinating twist, large holders—often dubbed “whales”—have been on a buying spree, accumulating 340 million XRP over the last two weeks. “This divergence is captivating,” noted crypto analyst Emily Tran. “It suggests a tug-of-war between short-term pessimism and long-term confidence.”

Adding to the uncertainty, the historical trend of September being a sluggish month for cryptocurrencies looms large. Coupled with continued regulatory scrutiny from the SEC, the market is treading cautiously. On-chain metrics reveal an uptick in activity on the XRP Ledger, reminiscent of patterns seen before the 2017 bull run. Liquidity maps indicate possible resistance levels up to $4.00, hinting at a potential upswing if these barriers are breached. As explored in our recent coverage, Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line, this could be a pivotal moment for XRP.

Technical Tensions and Market Dynamics

The technical landscape paints a complex picture. The sharpest drop on August 31, when XRP plummeted from $2.80 to $2.77, was accompanied by a volume surge of 76.87 million—almost three times the daily average. This underscores the intense selling pressure. Yet, the $2.75-$2.77 range has emerged as a crucial support zone, with $2.50 and $2.00 serving as deeper safety nets.

Resistance remains formidable between $2.80 and $2.87, with a breakout above $3.30 necessary for a bullish shift. RSI levels dipped into the mid-40s, hinting at oversold conditions, while MACD signals point to potential bullish momentum if current accumulation trends persist. Symmetrical triangle and double-bottom patterns align with a longer-term cup-and-handle structure, suggesting possible moves toward $5-$13 should resistance levels crumble.

“The real question is whether $2.75 can hold as the new floor,” said market strategist Raj Patel. “A sustained close above $2.87 could trigger a run to $3.30, but the seasonal September slump might just have its say.” This sentiment echoes recent market movements where XRP Jumps 6% to Top Market Gainers as Bitcoin Retakes $111K, indicating the potential for significant price action.

The Road Ahead: Caution and Opportunity

As September unfolds, all eyes are on XRP’s ability to maintain its footing. The stark contrast between institutional exits and whale accumulations could define the market’s trajectory. Traders are also weighing whether the historical September weakness can override bullish setups hinting at significant upside potential.

Looking forward, the ongoing SEC actions and their implications for institutional involvement remain a wild card. Meanwhile, the accumulation by large holders suggests an underlying optimism that might just counterbalance the selling frenzy. “It’s a classic case of mixed signals,” observed crypto researcher Lisa Kim. “But that’s what makes this market so thrilling—every twist and turn opens new possibilities.”

What unfolds over the next few weeks could set the tone for XRP’s longer-term direction. With liquidity pockets above $4.00 and potential price targets of up to $13, the landscape is ripe for both challenges and opportunities. As always in the crypto world, expect the unexpected.

Source

This article is based on: XRP Breaks $2.80 as Bearish September Begins, Oversold Signals Suggest Recovery Ahead

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