XRP is currently priced at $1.46, marking a 9.4% increase in the last 24 hours after successfully surpassing a downward trend line that had constrained it for several days. This surge saw XRP climb from approximately $1.33 to $1.46, representing one of its most significant single-day increases in recent times.
Key Support Level Successfully Maintained
The day prior, XRP had declined to a crucial support point near $1.36, which needed to hold to prevent a further drop toward $1.27. After maintaining this essential level, XRP managed to rise, indicating renewed interest from buyers.
Next Steps for XRP
Should XRP manage to close above the recently breached resistance line by the end of today’s trading session, the next significant target would be $1.54. However, XRP still faces a considerable hurdle above this mark—a long-standing resistance band between $1.50 and $1.80 that has capped price increases for several months.
Until XRP convincingly breaks through this zone with consistent momentum, the current upswing could be temporary rather than the initiation of a more extensive rally.
The Significance of the Current Situation
At this moment, XRP finds itself in a tight and uncertain range. If buyers maintain their momentum and surpass the resistance, it could pave the way to $1.80 to $2, a level that served as robust support throughout most of 2025 before XRP lost it and experienced a significant drop, eventually hitting a low around 98 cents.
Conversely, if XRP cannot breach the resistance and instead moves sideways for a few weeks, a retest of the previous low could be a real possibility. This would mirror a similar trend observed after XRP’s bottom in 2022, where the token rallied, stalled in a comparable range, and fell back down.
Conclusion for September 4
XRP has made a remarkable recovery, yet it has yet to confirm the sustainability of this rally. While there’s optimism regarding a potential breakout, if XRP stagnates and moves sideways over the upcoming weeks instead of gaining upward momentum, it wouldn’t warrant alarm; rather, it indicates that XRP may require additional time to establish a more stable base for its next significant move.