XRP price outlook: XRP shows a modest rebound, holding key support at $2.70 and trading near $2.82. A sustained break above $2.90 would signal bullish momentum toward $3.70, while Fed rate signals around September 16–17 may drive short-term volatility.
XRP rebounded from $2.70 to $2.82 after an 8.16% August decline.
$2.70 is the crucial short-term support; $2.90 is the immediate resistance.
Fed meeting (September 16–17) and macro cues could trigger heightened volatility.
XRP price outlook: XRP holds $2.70 support and eyes $2.90 resistance; monitor Fed signals for volatility and directional cues. Read latest price action and technical levels.
XRP begins September with a slight rebound after August losses, holding above $2.70 support as markets watch Fed signals for rate cut clues.
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XRP price outlook shows a cautious recovery as the token trades near $2.82 after bouncing from $2.70. Maintaining the $2.70 support is key for bullish continuation toward $2.90 and potentially $3.70, while Fed commentary in mid-September could drive short-term swings.
The $2.70 level acted as a short-term floor after an 8.16% monthly decline in August. XRP’s recent low at $2.70 and the current trade near $2.82 indicate buyers defended that zone. A failure below $2.70 would increase downside risk; a sustained hold supports a move to $2.90 and higher.
Breaking $2.90 would remove the immediate resistance that has capped rallies. Technical analysts view a clean break and retest above $2.90 as a trigger for renewed buying, with $3.70 noted as the next significant upside target contingent on macro support and volume.
Traders are watching the U.S. Federal Reserve meeting on September 16–17. Hints of an interest-rate cut or a softer policy stance could lift risk assets, including XRP. Conversely, hawkish rhetoric would likely increase volatility and pressure short-term momentum.
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