XRP traded between $1.329 and $1.365 on September 11, with reported closing levels near $1.336 and $1.36, while remaining above the $1.33 support zone. Trader Dark Defender said XRP completed Wave 1 on the daily chart before entering sinusoidal consolidation within the green zone, leaving its bull flag (a continuation chart pattern) intact. A close below $1.33 could weaken the setup, while continued support would keep the $1.88 projection active. Separately, analyst SMQKE characterized XRP as a functional utility cryptocurrency rather than an asset driven primarily by speculative Bitcoin cycles. WisdomTree data cited in the discussion showed XRP up 45% year to date, with the lowest correlation to Bitcoin among major assets and gains exceeding Bitcoin over one-month, three-month and one-year periods.