The post XRP Price Prediction For September 1 appeared first on Coinpedia Fintech News
XRP is showing signs of weakness on the charts as bearish pressure continues to weigh on price action. After touching nearly $3.40 earlier this month, the token has been steadily retracing, confirming a bearish divergence that analysts have been warning about since July.
Bearish Divergence Still in Play
On the weekly time frame, XRP is still following through on the bearish divergence pattern. This setup, flagged when XRP was trading near its recent highs around $3.40, meant either a pullback or at best a long period of reduced bullish momentum. Over the past month, the price has indeed struggled, and this cooling phase could stretch into September rather than ending with August.
Levels to Watch
In the short term, XRP is attempting a small bounce, but the chart still shows it trading below a crucial zone between $2.85 and $2.90. This range has historically acted as strong support, and th
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