The Ripple Effect - 9/10/25
XRP holds $3.00 as Fed rate cut odds hit 99%. RLUSD expands to Africa via Chipper Cash, VALR & Yellow Card partnerships. October ETF decisions approach with 93% approval odds. Institutional accumulation of 340M tokens continues despite exchange inflows. Critical resistance at $3.02.
XRP Price Snapshot
- Current Price: $2.95-$2.99
- 24h Change: Mixed signals between +2% to -0.7%
- Market Cap: $176 billion
- 24h Volume: ~$5.12 billion
- Support Level: $2.88-$2.94
- Resistance Level: $3.02-$3.04
XRP remains locked in a tight consolidation range around the psychologically important $3.00 level, with bulls defending critical support near $2.88 while facing repeated rejections at $3.02 resistance. Federal Reserve rate cut expectations hitting 99% probability for September 17 are providing macro tailwinds, while institutional accumulation patterns and upcoming October ETF deadlines create a compelling setup for potential breakout momentum.
Market Update
Technical Analysis
XRP is trading at $2.99, holding just below the psychological $3.00 mark after a sharp rebound from $2.88 support. The cryptocurrency has been testing the $2.99 ceiling repeatedly, while buyers protect the $2.88–$2.90 base.
Key Technical Levels:
- Immediate Resistance: $3.02-$3.04 zone
- Critical Support: $2.88-$2.94 range
- Breakout Target: $3.30-$3.50 if bulls secure closes above $3.07
A 14:00 selloff dropped XRP from $3.018 to $2.956 on 165.67M volume — nearly triple the daily average, indicating heavy institutional involvement in recent price action.
Volume and Liquidity
Daily trading volume remains robust at approximately $5.12 billion, demonstrating continued institutional and retail interest despite sideways price action.
Key Developments
RLUSD Stablecoin Expansion into Africa
Major Partnership Announcement
Ripple teamed up with Chipper Cash, VALR and Yellow Card to distribute U.S. dollar-pegged RLUSD to corporate and institutional users on the African continent. This represents a significant milestone for RLUSD's global adoption strategy.
Key Highlights:
- RLUSD has grown to over $700 million in supply on Ethereum and the XRP Ledger (XRP)
- RLUSD sets the standard for stablecoins, combining innovative functionality with the regulatory rigor and credibility of an NYDFS-issued New York limited purpose trust company
- Climate relief applications: Mercy Corps Ventures is testing RLUSD in climate risk insurance initiatives in Kenya. In one trial, the stablecoin funds are released automatically when satellite data signals drought conditions
XRP ETF Development
October Decision Timeline Approaching
Multiple major asset managers await SEC decisions on spot XRP ETF applications, with final deadlines for approval or disapproval expected between October 18-25, 2025.
Pending Applications:
- Grayscale XRP ETF: October 18, 2025 deadline
- 21Shares XRP ETF: October 19, 2025 deadline
- Bitwise XRP ETF: October 20, 2025 deadline
- Canary Capital XRP ETF: October 24, 2025 deadline
- WisdomTree XRP ETF: October 25, 2025 deadline
Polymarket data shows that the odds of the SEC approving an XRP ETF this year have hit 93%, up over 6% in the last week, while Bloomberg analysts Eric Balchunas and James Seyffart already stated that there is a 95% chance that these funds will get approved by the final deadline.
Federal Reserve Rate Cut Expectations
Federal Reserve futures now imply a 99% chance of a 25-bps cut on September 17, boosting crypto as a dollar-weakening trade. This monetary policy shift could provide significant tailwinds for risk assets including XRP.
Notable Mentions
Jake Claver (Digital Ascension Group CEO)
Jake Claver highlighted that many investors overlooked XRP when it was trading between $0.30 and $0.50, often dismissing it as "garbage". Now, as XRP edges higher, those same investors are wishing for a chance to re-enter at those lower levels.
Key Quote: "To him, the days of XRP trading below $0.50 are gone for good, suggesting that major corrections are unlikely to push the coin back to those levels".
Claver emphasized that with ETF products now in play, the market is unlikely to allow XRP to fall back to its previous lows. Spot XRP ETFs are expected to launch next month, with projections of $5 billion in investments flowing in within weeks.
Institutional Accumulation Patterns
Roughly 340M tokens reportedly accumulated in recent weeks. Traders are gauging whether this continues into ETF decision season, while exchange custody balances for XRP have reached a 12-month high.
Looking Ahead
Immediate Catalysts (September 2025)
- September 17: Federal Reserve interest rate decision (99% probability of 25bps cut)
- Mid-September: Continued institutional positioning ahead of ETF decisions
October 2025 Key Events
- October 18-25: Final SEC decisions on multiple XRP ETF applications
- October 28-29: Next Federal Reserve meeting
Market Outlook
XRP price prediction for September 2025 points to a breakout toward $3.30–$3.50 if bulls continue to defend the $2.77 support. However, approximately 670 million XRP have been transferred to Binance since the start of September, which could create near-term selling pressure.
Bulls Case: ETF approval optimism, Fed rate cuts, institutional accumulation, and RLUSD adoption expansion.
Bears Case: High exchange reserves, potential profit-taking ahead of ETF decisions, and technical resistance at $3.02.
Sources
- XRP Price News: RSI Turns Bullish, Price Turns After Failed Breakout Above $3
- XRP (XRP) Price Prediction For September 10
- Stablecoin News: Ripple Brings $700M RLUSD to Africa
- Ripple's USD-backed stablecoin RLUSD arrives in Africa
- Full List of XRP ETFs Awaiting SEC Approval
- What To Expect If XRP ETFs Get Approval From The SEC
- Will XRP Price See Another Major Dump? Digital Ascension CEO Weighs In
- XRP Price News: Climbs 4% as Fed Rate Cut Bets Hit 99% Probability
- 3 Red Flags for XRP in September That Could Derail a 2025 Price Rally
- XRP Price Prediction 2025: XRP Forecast for 2025,2026,2027 - 2030
Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice or a recommendation to buy, sell, or hold any securities. XRP and cryptocurrency investments carry significant risks including potential total loss, extreme volatility, and regulatory uncertainty. Past performance does not guarantee future results. Unless we have a formal advisory agreement, I am not acting as your investment adviser. Consult a qualified financial professional and conduct your own research before making investment decisions.
