Overview

• XRP continues to trade in the mid‑$2.80s under $3.00, consolidating in a symmetrical triangle after multiple rejections near $2.86–$2.916.
• Short‑term charts highlight resistance at $2.88–$2.916 and support around $2.812–$2.85, with a close below $2.80 opening room toward $2.74–$2.70.
• Analysts note that clearance of $3.00 with follow‑through toward $3.30 would strengthen a bullish continuation case.
• CME XRP futures open interest has surpassed $1 billion, signaling renewed institutional engagement despite fragile momentum.
• On‑chain and flow data show mixed pressures, including roughly 340 million XRP accumulated by large wallets, about $1.9 billion in institutional liquidations since July, and a Sept. 1 ledger volume spike to 2.15 billion XRP.