Technical analysis by formula_capital about Symbol XRP: Sell recommendation (9/1/2025)

On XRP the picture’s pretty clear — we’re already breaking through that green support block, and honestly the odds of a drop toward $2.60 look high. That’s the level where I’m watching for a reaction — RSI is stacking up oversold pressure, plus we’ve got a local volume cluster lining up there. From $2.60 I expect a bounce into the $2.82–2.85 zone. That’s where EMA and Fib levels meet, making it strong resistance. With the trend still down, I see that move more as a technical bounce, not a full reversal. For traders the key right now is not to get dragged into crowd emotions. People will panic once support breaks, but if you wait for the $2.60 zone and watch closely for reaction, that’s exactly where a solid entry might show up.