XRP currently trades at $2.85 after experiencing a weekly decline of nearly 4.3%. The token has entered a consolidation phase following sharp gains earlier in 2025.
Price movements remain confined between $2.50 and $3.50, indicating market indecision. The token holds above its 20-week exponential moving average at $2.75, which serves as crucial support.
Technical indicators present a mixed outlook. The Bollinger Bands show an upper range at $3.54 and lower at $1.87, with XRP hovering near the middle at $2.70.
The Relative Strength Index sits at 58.8, reflecting a neutral but slightly bullish stance. The MACD has turned mildly bearish with a small negative crossover.
Market observers suggest a breakout above $3.20 could push the asset toward $3.50. A decisive fall under $2.70 risks a retest of $2.50.
Traders like CasiTrades previously identified $2.95 as a “make-or-break” barrier before the recent decline. Once that level broke, XRP dropped quickly to current levels near $2.83.
🚨XRP's Support Perfect Backtest and What It Means for the Next Move! 🚨
The backtest of $2.79 support was perfection! 😍🎯 – exactly where we'd expect momentum to step in! The macro .5 fib is continuing to act as major support in this correction…
That said, the market still… pic.twitter.com/bK092dX5aA
— CasiTrades 🔥 (@CasiTrades) September 24, 2025
The Flare network has introduced FAssets with the launch of FXRP v1.2. This development enables XRP investors to mint FXRP and participate in decentralized finance activities.
FAssets make non-smart contract cryptocurrencies DeFi-friendly through one-to-one XRP backing via over-collateralization. The system utilizes Flare’s native data protocols.
The platform opens doors for trading, lending, stablecoins, and staking opportunities. All activities are backed by audits, community vetting, and monitoring.
Minting is capped at 5 million during the first week with gradual increases planned. Holders can mint directly or trade on SparkDEX and BlazeSwap.
Launch incentives include liquidity pool APRs of up to 50% to encourage participation. The platform also supports Luminite and Oxen Flow wallets.
Current buying support has formed around the $2.80-$2.87 range. Oversold RSI conditions are attracting short-term bottom pickers.
A break back above $2.95 to $3.05 would provide bulls with breathing room. This could set the stage for a move to $3.20 and potentially $3.60.
Failure to hold $2.80 could lead to a quick decline to $2.70 or $2.62. These levels represent areas where previous whale buying activity has emerged.
Analyst Ali Charts views the current situation as a potential opportunity. If XRP can stabilize and attract spot accumulation, a short squeeze rally toward $3.50 remains possible.
$XRP defended $2.71 support. Now watching for buying pressure to drive a rebound to $3.60. https://t.co/zjkyydaNaw pic.twitter.com/BNyyVJ1hEq
— Ali (@ali_charts) September 24, 2025
Some traders see the latest decline as a typical high-volatility move that exhausts sellers. This often gives way to upside moves when least expected.
Transaction volumes on the XRP ledger have increased during recent price declines. This activity reflects ongoing market interest despite the downward pressure.
With September nearing its end, traders expect the token to finish between $2.80 and $3.00. This range could persist unless Bitcoin regains strength and lifts the broader market.
Data shows whale accumulation continues during recent dips. This suggests large players remain willing to add positions despite current volatility.
The post XRP Price: Could September Consolidation Set Stage for October Rally? appeared first on CoinCentral.
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