XRP Price Stumbles at $2.9 – What’s the Next Downside Target?

TL;DR Ripple’s native token failed to take down the crucial resistance at $2.9, which could spell more trouble for the asset ahead, according to Ali ￰0￱ popular analyst also outlined XRP’s rather indecisive closure, but predicted a price surge if the same resistance is reclaimed. A rejection at $2.90 could send $XRP back to $2.70! ￰1￱ — Ali (@ali_charts) September 6, 2025 XRP made the headlines in mid-July when it finally broke its 2018 all-time high and set a new one at $3.65. However, the following month and a half has been an evident downfall as the asset has not only failed to maintain its run but has also lost the coveted $3 support ￰2￱ tried to breach it on a few occasions in the past several weeks, but to no avail.

Moreover, the recent market-wide correction pushed it below $2.9, which, according to Martinez, is a vital step in returning to its bull run as reported ￰3￱ the beginning of the month, the bulls attempted two breakouts, but both were halted in their tracks at just under $2.9. As such, Martinez believes $2.7 is the next logical step on the way ￰4￱ also outlined XRP’s indecisiveness in the daily closure, indicating that the asset is at “its support territory.” The analyst predicted a big move north soon, but the XRP/BTC trading pair needs to garner some “bullish momentum.” They also highlighted the $2.88 resistance as crucial in XRP’s road to ￰5￱ Daily Technical Outlook: $XRP closed indecisively and is at its support ￰6￱ soon as we see more bullish momentum from XRPBTC, XRP will follow and I’ll be looking for a quick ￰7￱ above the $2.8830 resistance should trigger a long ￰8￱ — CRYPTOWZRD (@cryptoWZRD_) September 6, 2025