$XRP Price Prediction: XRP Eyes Breakout Above $1.55
XRP has been trading at $1.3665 after falling 0.96%. The price has formed a descending triangle since its August rally from about $1.00 to $1.70.
Analyst Ali Charts noted that the zone between $1.35 and $1.38 is one of the most significant demand levels on the chart, with roughly 3.2 billion XRP previously traded in this range.
The Parabolic SAR remains above the price at $1.6852, indicating that sellers still control the short-term trend.
XRP's September seasonality has been mixed, but historically it has posted seven positive and seven negative Septembers since 2013.