XRP price searches for direction again after 80% surge

XRP is showing its volatile nature once again. Despite a slow decline in recent weeks, the price remains steady around a key local support zone. Traders are watching closely as the coin prepares for a potential new move.

XRP is currently trading at $2.85, with a 24-hour volume of $5.01 billion. The price is up slightly by +0.06%, but the real story is unfolding around the critical price levels where buyers and sellers are still evenly matched.

As you know, back in June we nailed a massive trade on $XRP for an 80% move.

But lately, the price has been slowly bleeding down with not much action.

As long as we get any relevant break in structure, I can simply wait for a visit at that local support; not much else to do. pic.twitter.com/dGvCXtLsx7

— Sjuul | AltCryptoGems (@AltCryptoGems) September 5, 2025

Key levels remain decisive

According to analyst Sjuul from AltCryptoGems, XRP continues to move neatly within a fixed range, with the local support around $2.80 again playing a crucial role. In June, he captured an impressive +80% trade thanks to a perfect bounce from the bottom of this range. His latest update on X confirms that he is once again eyeing a possible entry point near this support, unless the structure shifts.

Another analyst, @jrcryptex, highlights the importance of the $2.81–$2.84 zone on the 4-hour chart. XRP is literally on the edge. A breakout above $2.93 could push the price toward $3.07 or $3.10, though $3 remains a psychological barrier. If XRP drops below $2.81, support lies at $2.74 and even $2.67.

Traders stay alert

The daily chart clearly shows that XRP has gained over 80% in recent months but has been gradually declining since. Still, the zone between $2.80 and $2.84 continues to act as solid support, with price repeatedly bouncing from it. As long as this zone holds, many traders remain bullish on a potential breakout.

There may be little price action at the moment, but the situation is far from boring. XRP’s next move could set the tone for the rest of September. A breakout above resistance could spark new momentum, while a breakdown below support could give the bears fresh energy.