As of September 2, 2025, XRP was trading at $2.84, marking a 4.41% increase from its previous closing price. The cryptocurrency experienced intraday fluctuations, reaching a high of $2.85 and a low of $2.72.
This upward movement is attributed to substantial accumulation by large holders and the resolution of the long-standing dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). Over the past two weeks, significant institutional accumulation has been observed, with major holders acquiring approximately 340 million XRP, indicating growing confidence in XRP's long-term prospects.
The settlement between Ripple and the SEC in August 2025, which included the SEC agreeing to cease further appeals, has provided crucial regulatory clarity. This clarity has historically been a significant factor influencing the cryptocurrency's performance.
Analysts have identified key technical levels for XRP, with support expected at $2.50 and $2.17, and resistance anticipated at $2.60, $2.77, and $2.85. A sustained move above $2.85 could signal further gains, while a breach below $2.17 might indicate increased selling pressure.
Market sentiment, as indicated by the Crypto Fear and Greed Index, suggests a cautiously optimistic outlook. However, technical indicators such as the Relative Strength Index (RSI) at 42.80 and the Moving Average Convergence Divergence (MACD) at -0.0667 suggest potential for volatility.
The broader market context is supportive, with growing institutional interest in digital assets. The potential approval of XRP-related Exchange Traded Funds (ETFs) is a significant catalyst being closely watched by investors. Similar to the impact of Bitcoin ETFs, XRP ETFs could drive substantial institutional inflows, potentially boosting demand and price appreciation. Data from CoinShares indicates that $1.2 billion has flowed into XRP since the start of the year, positioning it third among digital assets in terms of institutional investment.
Furthermore, Ripple's strategic initiatives, including its acquisition of Hidden Road and the expansion of its On-Demand Liquidity (ODL) service, are enhancing XRP's utility and integration into traditional financial systems. These developments, combined with the regulatory clarity from the SEC settlement, create a robust foundation for XRP's continued growth and adoption within the global financial landscape. The market is keenly observing how these elements will shape XRP's trajectory in the coming months.