XRP traded between $2.70 and $2.84 over the Aug. 31–Sept. 1 session, with heavy whale accumulation offsetting persistent selling pressure near resistance.
The token slid from $2.80 to $2.70 late on Aug. 31 before rebounding to $2.82 on surging volumes. More than 164 million tokens changed hands during the morning rebound—twice the session average. Blockchain data shows whales added 340 million XRP in the past two weeks, reinforcing the $2.70–$2.73 support zone.
Technical signals remain mixed: RSI sits in the mid-40s with a neutral-to-bearish tilt, while MACD compression suggests a potential crossover if accumulation persists. A symmetrical triangle pattern is also emerging, hinting at a possible breakout toward $3.30 should resistance at $2.82–$2.84 clear.
Traders are watching three levels closely: $2.70 as structural support, $2.84 as the near-term ceiling, and $3.00–$3.30 as the next upside zone. A failure of $2.70 would shift focus to $2.50.
