XRP exhibited a trading range between $2.70 and $2.84 from August 31 to September 1, amid increasing whale accumulation that defied heavy resistance at the $2.82 to $2.84 level. Whales acquired 340 million XRP in two weeks, signaling sustained institutional interest despite bearish market trends. On September 1, XRP's price fluctuated following a drop to $2.70, bouncing back to $2.82 on high trading volumes. September historically sees weaker market performances, yet the accumulation by whales countered retail selling pressures. Key technical metrics show $2.70 to $2.73 as a defended support zone, while resistance remains at $2.80 to $2.84. If the price exceeds $2.84, a potential rally towards $3.00 to $3.30 could occur; conversely, a fall below $2.70 may lead to $2.50 being the next support level. The market awaits confirmation as whale behaviors could dictate market direction through September.

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