XRP price is trading around $2.97 right now, holding steady after bouncing off last week’s dip near $2.70.
Price action looks pretty calm, but this is one of those spots where the next move could set the tone for the week.
What you'll learn 👉
What We Got Right Yesterday
In yesterday’s prediction, we talked about how XRP price was stuck in a tight range between $2.85 and $3.10. We also said the $2.90-$3.00 zone was the real battleground, and that bulls needed to defend it if they wanted to avoid another leg down.
That’s exactly what happened. Buyers stepped in and kept XRP above $2.90, but there wasn’t much excitement behind the move.
Volume stayed thin, which tells us traders are still waiting for a clear signal before committing. Resistance hasn’t changed either, $3.20 is still capping price, with bigger sellers sitting above at $3.60–$3.65.
We also mentioned that only a breakout above $3.20–$3.25 with strong volume could open the door to $3.50+. So far, that hasn’t come through.
What the XRP Chart Is Showing
Looking at the daily chart, XRP price has been consolidating since the July high around $3.65. Lower highs keep showing up, which means sellers are still leaning on the price. On the flip side, buyers defended the $2.70 area earlier this month, so there’s still demand at those levels.
Right now, the key battle zone is $2.90–$3.00. If XRP can hold that, we could see a push toward $3.20, where past rallies have struggled. If momentum builds, even $3.50 isn’t out of reach. But if $2.90 cracks, then $2.60 comes into play, and below that, the bigger support sits near $1.90.
Market Indicators
Volume is sitting at around 510 million USDT, way below what we saw during the July rally. That drop shows fewer traders are chasing moves.
Open interest hasn’t shifted much either, with the ratio to market cap at 0.032, so leverage isn’t a big issue right now.
Long positions have slipped a bit while shorts are ticking higher, but the difference isn’t huge. Basically, the market is cautious, neither bulls nor bears have full control.
Read Also: Here’s XRP Price If Ethereum Reaches $25,000
XRP Price Short-Term Outlook for Today, September 11
Today, all eyes are on the $2.90-$3.00 zone. If XRP keeps holding here, we could see another test of $3.20. But if price loses this floor, the door opens back to $2.60.
For now, XRP price short-term outlook feels neutral with a slight lean to the upside, as long as bulls defend $2.90. The real test, though, is still a clean break above $3.20. That’s when things could heat up again.
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