XRPCro (@stedas), a crypto enthusiast and investor, recently highlighted XRP’s latest price action with a chart showing the token approaching a major resistance level.
In a post on X, he drew attention to the asset’s recent climb toward $3, noting that a breakout with significant volume could help it conquer that resistance and turn it back to support.
$XRP touched almost $3 again
Now we need that breakout volume 🚀 pic.twitter.com/o6m7HsKgKn— XRP_Cro 🔥 AI / Gaming / DePIN (@stedas) September 8, 2025
XRP’s Recent Performance
Toward the end of August, XRP faced a pronounced decline. By August 30, the token had dropped below the $3 support level after large whale sell-offs during the month. The selling pressure weighed heavily on XRP’s price, and by September 1, the asset had dropped to $2.72, with many investors worried that the decline would continue.
Despite this weakness, some large holders increased their XRP positions. Momentum began to shift in the subsequent days, and by September 5, XRP had stabilized around $2.75, showing positive signs of an impending recovery.
On Sunday, September 7, XRP staged a sharp rally that carried it back toward $2.92. This marked a clear recovery from the previous lows and represented one of the strongest moves since the decline. The rebound coincided with renewed demand and greater buying activity, pushing the token back toward the $3 threshold.
The rally was notable because it showed buyers regaining control after consolidation. Market participants are now watching to see whether the momentum can push XRP through the $3 resistance and higher levels that have repeatedly capped its progress.
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Chart Analysis and the Descending Triangle
Returning to XRPCro’s chart, one of the key elements visible is what appears to be part of a descending triangle formation. The pattern, characterized by lower highs converging toward a flat or slightly declining support line, often signals consolidation that precedes a decisive move. In this case, the chart shows XRP at $2.98, heading toward $3, and then the upper boundary of this formation.
The resistance line, marked in yellow on the chart, demonstrates where sellers have previously controlled the market. Breaking above this line with conviction would require significant volume, as XRPCro emphasized. Without that confirmation, the digital asset risks retracing back toward the established support zone around $2.7, highlighted in green on the chart.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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