XRP Set for Higher Prices as MACD Nears Potential Bullish Crossover

News Background XRP rose 3% in the 24-hour window from Sept. 1 at 03:00 to Sept. 2 at 02:00, moving between $2.70–$2.83 on 5% intraday ￰0￱ activity dominated early hours, with 164.9M XRP traded at 07:00–08:00 GMT , almost double the 24-hour average of ￰1￱ accumulated 340M tokens (~$960M) over the past two weeks, signaling conviction despite broader market ￰2￱ September softness and regulatory uncertainty remain key ￰3￱ XRP ETF applications from Grayscale, Bitwise, and others are pending with ￰4￱ are split: some flag downside risks toward $1.00 after the July $3.65 peak, while others point to long-term breakout setups with $7–$8 ￰5￱ Action Summary XRP opened near $2.74 and advanced to a morning high of $2.83 on heavy volume before fading to $2.77 by session ￰6￱ repeatedly held at $2.70–$2.74 , while $2.83 was rejected as short-term ￰7￱ session (23:18–00:17 GMT) saw a 0.68% move from $2.74 to $2.77, with 2M+ tokens per minute traded during peak bursts, confirming institutional ￰8￱ Analysis Support : $2.70–$2.74 established as the near-term ￰9￱ : $2.83 is the immediate ceiling; $3.00–$3.30 remains the broader breakout ￰10￱ : RSI stable in mid-50s, indicating neutral-to-bullish ￰11￱ : Histogram converging toward bullish crossover as accumulation ￰12￱ : Symmetrical triangle with consolidation under $3.00; break above $3.30 could target $4.00+.

Volume : Early-session spike to 164.9M signaled whale participation, later fading to 21.7M as retail ￰13￱ Traders Are Watching Institutional accumulation ￰14￱ calls for a cycle top — which side defines September’s ￰15￱ ETF rulings as potential catalysts for ￰16￱ scenario: reclaim $2.83, then test $3.00–$3.30. Breakdown scenario: lose $2.70 floor, exposing $2.50.