Ripple’s XRP is holding steady this morning, trading around $3.06 after a small overnight dip. The coin remains in the midst of an uptrend that has been developing over the past few weeks.
While XRP price action has cooled a bit compared to the recent spike, the market is calm, and traders are watching to see if today’s session sets up the next move higher.
What you'll learn 👉
What the XRP Chart Is Showing
The 4H chart shows XRP moving in a wide range between $2.70 and $3.30 through most of September.
Support has been strong around $2.70–$2.80, where buyers stepped in on September 7 and again on September 12. The main ceiling is still $3.30, a level that has capped every rally this month.
Right now XRP price is bouncing from a short-term low near $2.95 and is back above $3.06. The structure looks like a sideways pause inside a broader rising trend. That kind of setup often gives bulls time to reload before trying to break out again.
Market Indicators
The Relative Strength Index (RSI) on the 4H timeframe is recovering from oversold levels. It’s now around 39 after dipping to about 25 earlier today. That signals that selling pressure is easing and buyers are slowly regaining momentum.
Open interest is sitting near $336 million, roughly unchanged over the last 24 hours. This shows that derivatives traders are staying in their positions and aren’t rushing to close out longs.
The Net Long versus Net Short readings are also balanced, with longs at about $821 million and shorts around $790 million. That slight edge for longs points to a cautious but positive market mood without excessive leverage.
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XRP Price Short-Term Outlook for Today, September 15
If buyers keep pushing, XRP could test $3.20 to $3.30 later today. A clean 4-hour close above $3.30 would be an important sign that the next leg higher toward $3.60 is starting.
If the market drops, however, initial support is just below $2.95 with a stronger safety net between $2.70 and $2.80. As long as XRP price is above that range, any decline will probably be seen as healthy consolidation rather than the start of an extended decline.
Overall, the situation on September 15 is still in favor of the bulls. The question mark hangs over whether XRP is able to build up enough momentum to finally break above $3.30 and continue the trend.
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