XRP cannot make you a millionaire of a tomb of $ 2.80
XRP (XRP-US) has sunk towards a key level and the headlines are asking the same question. Can you recover or go to another fall? The Token has fallen almost 25% in the last month after reaching a maximum point of about $ 3.66. Now it clings to $ 2.80, a price that can decide where things are going. The dream of turning a small commitment to millionaire money is fading quickly at these levels.
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XRP Test $ 2.80 as holder support for September
At this time, $ 2.80 is the key level. Glassnode data show that more than 1.7 billion XRP were bought in the range between $ 2.81 and $ 2.82. If the price falls below that cluster, those holders will sit in losses. That often causes selling as people rush to protect the profits they have left.
If this support fails, the graphics point to the next large floor around $ 1.73, which is the 0.5 fibonacci recoil level. This same level acted as a hard fund in early 2025, so it is a natural place for buyers to enter again. But a trip down there would crush the idea that XRP is close to creating night millionaires.
XRP Technical Indicators Flash Whiter Signs
The weekly MACD indicator is close to making a bearish crossover. When the fastest line of movement falls below the slowest, it points to the impulse of fading. In past cycles, this crossover has led to 50 percent or more decrease for XRP.
If the story is repeated, XRP could fall towards the Ema of 50 weeks by approximately $ 2.17. That would be a slide of 25 percent of the current levels. A deeper movement below $ 1.73 would confirm a complete bears market, with the 200 -week EMA about $ 1.19 as the final defense line. That path makes millionaire dreams look more to long shots than to real opportunities.
XRP bulls still have the opportunity to defend
For XRP bulls, the task is to defend the price keeping at $ 2.80 and avoiding a closure below the EMA of 50 weeks. The good news is that XRP has bounced from this Ema before. Since July 2024, every time the price has tried it, buyers have returned to push it higher.
If that pattern is maintained again, XRP could avoid the deepest collapse and establish another thrust towards $ 4. Some analysts argue that the recent setback is just a distribution phase before the next large break. A demonstration of here does not mint millionaires during the night, but could restore the confidence that XRP is still alive and moves higher.
Should you really worry about the price level of $ 2.80?
The price level of $ 2.80 represents a dividing line between trust and capitulation. If it is maintained, XRP can stabilize and rebuild the impulse. If it breaks, the sales pressure could accelerate quickly.
For merchants who expect to see XRP create millionaires quickly, the reality is harder. At $ 2.80, the token is more about survival than instant wealth. The highest path still exists, but requires patience, strong hands and the acceptance that millionaire profits are not built from a price that struggles to stay above its grave.
At the time of writing, XRP is sitting at $ 2,8048.
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