XRP Price Prediction: XRP Struggles Against Descending Resistance

XRP price today is trading near $2.73, clinging to support after a week of consistent selling pressure. The token has been sliding along a descending resistance line since mid-August, with repeated failures near $2.95–$3.00 keeping upside momentum capped.

The latest wave of selling coincides with negative flows across exchanges. Coinglass data shows $22.6 million in net outflows on September 1, highlighting continued pressure on liquidity. At the same time, weekly analysts warn that $2.66 and $2.55 represent the next critical support tiers, making this week decisive for bulls attempting to stabilize the market.

XRP Struggles Against Descending Resistance

On the 4-hour chart, XRP price action shows a clear descending trendline from early August, with the 20-EMA and 50-EMA reinforcing resistance at $2.82 and $2.89. The 100- and 200-EMA sit higher at $2.94 and $2.97, forming a dense ceiling that buyers must break to reclaim momentum.

Immediate support rests near $2.70–$2.73, but if this floor weakens, downside targets emerge at $2.66 and $2.55. The RSI has slipped to 28, marking oversold territory but also reflecting…

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