XRP Begins September in Red, Slumps Below $2.80 – Is Recovery Ahead?
Ripple’s native token XRP fell 3.1% in 24 hours, pushed by a broader crypto pullback. The Ripple token failed to carry $2.81 with heavy promoting at $2.80 by long-term whales.
XRP noticed vital institutional liquidation flows, totalling $1.9 billion since July.
The token’s value at $2.75–$2.77 stays the quick help degree, under which, $2.50 and $2.00 are key longer-term ranges.
The 4th largest cryptocurrency has barely recovered and is seen buying and selling at $2.75 at press time, per CoinMarketCap data.
Is XRP Rebound Imminent?
Despite a 7.64% plunge over the previous month, XRP’s booming fundamentals eye a powerful September comeback.
RLUSD stablecoin provide has hit $701 million, an explosive development driving XRP Ledger utility. According to CoinMarketCap, the stablecoin’s belongings crossed $700 million on Saturday.
Further, notable crypto commentator Nate Geraci has forecasted a big investor curiosity in spot XRP and SOL exchange-traded funds (ETFs). He drew parallels between present market sentiments and former underestimations of Bitcoin and Ethereum ETFs.
Geraci believes that the demand for these altcoin-based merchandise is vastly undervalued.
Recently, a bunch of XRP ETF filings with the US SEC were updated by issuers, together with Grayscale, Bitwise, Canary, and 21Shares.
The simultaneous XRP ETF filings by these asset managers is “extremely notable,” and “an excellent signal” for the prospects of eventual approval, Geraci mentioned on the time.
Prediction markets value an 86% probability of a U.S. XRP ETF launching in 2025.
Ripple Token Shows Bullish Pennant
On the technical entrance, the Ripple token is displaying a bullish pennant sample, a sign that implies an upward value breakout probably.
BULLISH BREAKOUT IMMINENT.$XRP is forming a bullish pennant sample on its chart.
This technical sign suggests an upward value breakout probably in the close to future.
Institutional curiosity, might be an indication of renewed momentum for #XRP.
Is this the beginning of rally? pic.twitter.com/LcABKzWTYX
— CryptoClue (@CryptoClue9) August 31, 2025
“We’re going to see a big breakout any day now,” wrote one user on X.
A pennant or a flag formation in September signifies the upcoming continuation of a powerful upward value motion. That mentioned, there’s a potential rally that XRP could be again to $3.66 (+30%), with room towards $5.
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