XRP Begins September in Red, Slumps Below $2.80 – Is Recovery Ahead?

Ripple’s native token XRP fell 3.1% in 24 hours, driven by a broader crypto ￰0￱ Ripple token failed to hold $2.81 with heavy selling at $2.80 by long-term ￰1￱ saw significant institutional liquidation flows, totalling $1.9 billion since ￰2￱ token’s price at $2.75–$2.77 remains the immediate support level, below which, $2.50 and $2.00 are key longer-term ￰3￱ 4 th largest cryptocurrency has slightly recovered and is seen trading at $2.75 at press time, per CoinMarketCap ￰4￱ XRP Rebound Imminent? Despite a 7.64% plunge over the past month, XRP’s booming fundamentals eye a strong September ￰5￱ stablecoin supply has hit $701 million, an explosive growth driving XRP Ledger ￰6￱ to CoinMarketCap, the stablecoin’s assets crossed $700 million on Saturday.

Further, notable crypto commentator Nate Geraci has forecasted a significant investor interest in spot XRP and SOL exchange-traded funds (ETFs). He drew parallels between current market sentiments and previous underestimations of Bitcoin and Ethereum ￰7￱ heard it here first… People are severely underestimating investor demand for spot xrp & sol ￰8￱ like they did w/ spot btc & eth ETFs. — Nate Geraci (@NateGeraci) September 1, 2025 Geraci believes that the demand for these altcoin-based products is vastly undervalued. Recently, a bunch of XRP ETF filings with the US SEC were updated by issuers , including Grayscale, Bitwise, Canary, and ￰9￱ simultaneous XRP ETF filings by these asset managers is “highly notable,” and “a very good sign” for the prospects of eventual approval, Geraci said at the ￰10￱ markets price an 86% chance of a ￰11￱ ETF launching in ￰12￱ Token Shows Bullish Pennant On the technical front, the Ripple token is showing a bullish pennant pattern, a signal that suggests an upward price breakout ￰13￱ BREAKOUT IMMINENT. $XRP is forming a bullish pennant pattern on its ￰14￱ technical signal suggests an upward price breakout likely in the near ￰15￱ interest, could be a sign of renewed momentum for #XRP.

Is this the start of rally? ￰16￱ — CryptoClue (@CryptoClue9) August 31, 2025 “We’re going to see a significant breakout any day now,” wrote one user on X . A pennant or a flag formation in September indicates the impending continuation of a strong upward price ￰17￱ said, there is a potential rally that XRP would be back to $3.66 (+30%), with room toward $5.