The price of XRP or Ripple is rising after hitting a low of $2.70. The cryptocurrency previously fell from a high of $3.64 to a low of $2.70.
XRP long-term analysis: bullish
The main obstacle to a reversal to the upside is the $2.85 high. If XRP falls below the 21-day SMA support, selling pressure will increase again.
XRP price indicators analysis
According to the price signal, XRP will fall and reach the low of the 2.0 Fibonacci extension or $1.857.
However, if the bulls hold the current support and the 21-day SMA, XRP will continue its move above the 21-day SMA but below the $3.60 resistance. At the time of writing, XRP is trading at $2.84.
Technical indicators:
XRP/USD weekly price chart – September 5, 2025
What is the next direction for XRP?
XRP is declining, but selling pressure has stalled above $2.70 since September 1.
On the 4-hour chart, the cryptocurrency is currently correcting upward and trading in a band of $2.70 to $2.90. The price movement is limited by the moving average lines. On the upside, a break above the moving average lines will push XRP to a high of $3.00.
XRP/USD price 4-hour chart – September 5, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.