Cryptocurrency Price Forecast for September: What's Ahead for Bitcoin, Ethereum, and Ripple?

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In the world of cryptocurrencies, a mixed picture emerges as technical indicators across Bitcoin, Ethereum, and XRP suggest bearish momentum. However, oversold conditions might offer near-term bounce opportunities, particularly for XRP.

Currently, XRP is trading around $2.81, struggling to reclaim the $3.00 resistance zone. A key resistance for XRP lies near $3.25, and a close above this level could flip momentum bullish, potentially paving the way for a rally towards $3.50 and even $3.65.

On the other hand, XRP's Bear Bull Power (BBP) stands at -0.3094, signalling increased selling pressure. The cryptocurrency's volatility has remained relatively controlled compared to Bitcoin and Ethereum, but the Bollinger Bands are tightening, indicating a potential breakout move.

Bitcoin, the largest cryptocurrency by market cap, is currently trading at $108,876 according to CoinMarketCap. The digital asset has been experiencing a sustained pullback, with a lower high since reaching $126,414. Bitcoin's Relative Strength Index (RSI) has dropped from 79 to 38.89 in two weeks, indicating a strong sell-off.

The daily chart reveals Bitcoin struggling below its 9-day Simple Moving Average (SMA) at $112,091. The immediate resistance for Bitcoin lies at $110,485, followed by $112,000 and $116,000. On the downside, Bitcoin is holding just above $107,656, with the next major support at $104,582.

Ethereum, the second-largest cryptocurrency, is trading just below its 20-day EMA at $4,379. The Moving Average Convergence Divergence (MACD) indicator remains bearish, suggesting a continued downtrend. Ethereum's current trading price is $4,369.

The cryptocurrency market's September performance depends on the ability of major cryptocurrencies to defend current technical support levels. The current Bitcoin price forecast for September 2025 expects a trading range between approximately $104,000 and $116,000, with an average price around $104,191, a neutral market sentiment, and potential volatility due to macroeconomic events like US consumer price data and central bank meetings. A close above $116,000 could open up a rise to $124,000, while a drop below $104,000 could lead to declines towards $93,000–$95,000.

In conclusion, the cryptocurrency market is currently experiencing bearish momentum across its major assets. However, oversold conditions and potential technical breakouts could provide near-term opportunities for investors. It is crucial for major cryptocurrencies to defend their current technical support levels to ensure a positive September performance.

Cryptocurrency Price Forecast for September: What's Ahead for Bitcoin, Ethereum, and Ripple?