XRP Price Stumbles at $2.9 – What’s the Next Downside Target?
TL;DRA rejection at $2.90 could send $XRP back to $2.70! pic.twitter.com/2EEtg34dK1— Ali (@ali_charts) September 6, 2025XRP made the headlines in mid-July when it finally broke its 2018 all-time high and set a new one at $3.65. However, the following month and a half has been an evident downfall as the asset has not only failed to maintain its run but has also lost the coveted $3 support line.It tried to breach it on a few occasions in the past several weeks, but to no avail. Moreover, the recent market-wide correction pushed it below $2.9, which, according to Martinez, is a vital step in returning to its bull run asreportedbefore.Since the beginning of the month, the bulls attempted two breakouts, but both were halted in their tracks at just under $2.9. As such, Martinez believes $2.7 is the next logical step on the way south.CRYPTOWZRD also outlined XRP’s indecisiveness in the daily closure, indicating that the asset is at “its support territory.” The analyst predicted a big move north soon, but the XRP/BTC trading pair needs to garner some “bullish momentum.”They also highlighted the $2.88 resistance as crucial in XRP’s road to recovery.XRP Daily Technical Outlook:$XRP closed indecisively and is at its support territory. As soon as we see more bullish momentum from XRPBTC, XRP will follow and I’ll be looking for a quick scalp. Moving above the $2.8830 resistance should trigger a long pic.twitter.com/K3uRFIvE8L— CRYPTOWZRD (@cryptoWZRD_) September 6, 2025