XRP Price Prediction Hinges on $1.35 Support After Whale Deposit Surge

50 minute ago 2 sources neutral

Key takeaways:

  • Whale deposits into exchanges suggest distribution risk beneath XRP's wedge consolidation.
  • Converging 20/200-day EMAs near $1.354 signal imminent breakout; watch volume direction.
  • Failure to hold $1.35 could trigger cascade toward EMA cluster at $1.26.

XRP price prediction for September 9 is centered on whether the $1.35 support level can hold. According to the analysis, maintaining that zone keeps a move toward $1.50 open, while a break below it raises the risk of a decline toward $1.26.

XRP was trading near $1.3887, down about 0.55% on the day, and consolidating inside a narrowing wedge pattern that has been forming since the August 21 spike to $1.7192. The structure is defined by two converging trendlines: a descending line connecting the August high through lower highs, and an ascending line connecting the late-August low near $1.28 through higher lows.

The price is sitting just above the 200-day EMA at $1.3542 and the 20-day EMA at $1.3541, with both indicators converging almost exactly at current price. Below that, the 50-day EMA at $1.2577 and the 100-day EMA at $1.2376 form the next support cluster if the wedge resolves to the downside.

The headline focus on a whale deposit surge adds a distribution-risk element to the technical setup, suggesting large holders may be moving XRP to exchanges and potentially increasing sell-side pressure near the wedge resolution.

Previously on the topic:
Sep 2, 2026, 9:49 p.m.
Analysts Spot Bullish Signals for XRP and Cardano Ahead of September
Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.