Ripple’s XRP is starting Monday on a softer note. After holding above $3.00 for several sessions, the XRP price has now slipped to around $2.90, down roughly 1% on the latest 4-hour candle. The move comes after a strong early September run and shows sellers stepping in as the market cools.
What you'll learn 👉
What the XRP Chart Is Showing
The 4H chart makes the shift easy to see. XRP lost the key $3.00 level, which had acted as solid support over the past week.
The next zone to watch sits around $2.85 to $2.90, and if that doesn’t hold, the August low near $2.70 is the bigger level to keep in mind.
If buyers manage to fight back, the first real resistance for XRP price stands at $3.05 to $3.10, an area that has rejected several short rallies. Beyond that, the stronger ceiling is up near $3.35 to $3.40, where September’s highs were set.
Market Indicators
Momentum signals support the idea of a market that’s taking a breather. The RSI has dropped into the mid-50s and is pointing lower, which suggests buying pressure is fading.
Open interest has eased to about $337 million, showing traders are trimming leverage and waiting for a clearer trend.
Net long positions are around $519 million, while net shorts are close to $505 million, leaving the market without a strong bias in either direction. This balanced setup explains the sideways feel in today’s price action.
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XRP Price Short-Term Outlook for Today
The big test now is the $2.85 to $2.90 support level. If the buyers can hold that line and bounce back above $3.00, a rally to $3.05 to $3.10 is on the cards, and a firm close above that could set up the road back to $3.35.
If selling pressure continues and XRP price closes below $2.85, a more serious pullback to $2.70 is likely. The chart remains neutral to slightly bearish, and XRP’s behavior in and around the $2.90 area will be the guide for the rest of the day.
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