XRP Price Prediction: Can XRP Hold the Wedge After a Whale Deposit Surge?

XRP price prediction for September 9 depends on whether $1.35 holds as support, a level that keeps the path toward $1.50 open, while a break below it risks a drop toward $1.26.

XRP trades near $1.3887, down 0.55% today, consolidating inside a narrowing wedge that’s formed since the August 21 spike to $1.7192. Two converging trendlines, a descending one connecting that high down through lower highs, and an ascending one connecting the late-August low near $1.28 up through higher lows, are compressing price into a tighter range each week.

Price sits just above the 200-day EMA at $1.3542 and the 20-day EMA at $1.3541, both converging almost exactly at current price, while the 50-day at $1.2577 and 100-day at $1.2376 sit further below as the next support cluster if this wedge breaks down. RSI at 57.65 has cooled from a peak above 80 in late August without dropping into bearish territory, consistent with a market pausing rather than reversing.

XRP spot ETFs added $18.96 million for the week ending September 4, extending a streak of positive weekly inflows to eight consecutive weeks.

That’s a smaller weekly figure than the $110.49 million added the week before, but still positive, with cumulative net inflows across all XRP ETFs reaching $1.68 billion. Daily net inflow read $0 on September 4 itself, all of the week’s gain came in earlier sessions.

That’s a multi-year thesis tied to a monthly close, not something today’s price action can confirm or deny, XRP remains more than 60% below the $3.66 trigger level.

XRP holds $1.35 and breaks out of the wedge to the upside. A close above $1.41 would open room toward $1.50, backed by eight straight weeks of ETF inflows even as the pace slows.

XRP loses $1.35 and the wedge resolves lower. A break below the 50-day EMA at $1.2577 would expose the 100-day EMA at $1.2376 next, especially if the whale deposits flagged earlier turn into actual sell orders.