Ripple (XRP) Price in September: Bearish Trend Remains
Date: 2025-09-04 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Since the beginning of August, the XRP rate has consolidated in a descending channel, forming successive lows and highs at increasingly lower levels. Buyers' attempts to reverse the situation have been unsuccessful: each upward movement quickly met resistance from sellers and an increase in the supply of the coin on exchanges.
For more than a month, the daily chart of XRP/USD has been demonstrating a steady downward movement within a parallel channel. This behavior indicates that the initiative is with sellers, and the mood of buyers remains restrained. Even short-term upward surges could not take the token beyond the current formation, as the supply instantly increased.
Technical indicators also confirm the negative scenario. Since the end of July, the MACD line (blue) has been located below the signal line (orange), which indicates the continued prevalence of bearish sentiment and a weakening of interest in the asset from buyers.
On-chain data confirms the pressure on the price. According to Glassnode, since August 27, the amount of XRP on centralized platforms has grown by about 2%. At the moment, the volume of reserves on exchanges reaches 3.32 billion XRP, which is equivalent to about $9.3 billion.
Such dynamics usually indicate the willingness of investors to take profits or sell the asset, which increases the supply on the market. If the growth of reserves is not accompanied by adequate demand, this can provoke an additional decline in quotes.
At the moment, the nearest support level for XRP is at $2.63. If it is broken, the market can test the next important zone around $2.39.
On the other hand, the restoration of interest from buyers and a confident breakthrough above $2.87 can be a signal for a trend reversal. Such a scenario will allow the token to exit the downward channel and enter a phase of gradual recovery.
September will therefore be an important month for XRP, with further price movement depending on whether buyers can break the bearish momentum and hold the price above key support levels.
