The post XRP Consolidates Ahead of Next Major Move appeared on BitcoinEthereumNews.com.

Ripple’s token has entered a muted trading phase, with price action reflecting indecision and a lack of strong order flow. The market remains trapped between well-defined supply and demand zones, waiting for a fresh impulse to determine its next directional move. Ripple Analysis By Shayan The Daily Chart On the daily chart, XRP is consolidating within a broad range between $2.7 support and $3.4–$3.5 resistance. Following the sharp rally in July, momentum has stalled, as overhead supply zones have repeatedly capped price advances. The 100-day and 200-day moving averages sit below the current level, adding dynamic support near the $2.7 decision point. This line now serves as the critical threshold. As long as buyers can defend it, Ripple’s asset remains range-bound with potential to retest the upper boundary. A decisive break below, however, would open the way for a deeper retracement. The 4-Hour Chart The 4-hour timeframe highlights a descending wedge formation steering the short-term downtrend. XRP has faced repeated rejections at the wedge’s upper boundary, while demand has consistently appeared near the lower boundary, close to $2.7. This has created a compression zone where liquidity is stacking on both sides. A confirmed breakout above the wedge resistance would likely drive the price toward $3.1 and eventually the $3.4 resistance zone. Conversely, failure to defend the $2.7 decision point risks a slide toward $2.4, where the next significant demand zone lies. Until then, Ripple is expected to remain in consolidation, with volatility building ahead of a breakout. SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details). LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin! Disclaimer: Information found on CryptoPotato is…

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Filed under: News - @ September 8, 2025 2:29 pm