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XRP faces $1.68 test after ETF attracted $474 million in quarter

2026-09-04 12:33:30
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XRP consolidated in key support areas, with quarterly inflows of U.S. ETFs reaching US$474 million, and the bullish model points to the US$2 target.

Core points:

  • According to SoValue data (quoted by CryptoNews), the U.S. spot XRP ETF attracted $474 million in inflows during the quarter.
  • Ripple reported that cumulative ETF inflows have exceeded US$1.5 billion, and the total number of XRPs held by the five funds exceeds 769 million.
  • Key technical levels remain support at $1.35 and resistance at $1.55 to $1.68.

Strong demand for XRP ETF

After a sharp rise in August, XRP is currently consolidating in the US$1.36 to US$1.37 range, and demand for ETFs constitutes the main driving force for its further rise. According to SoValue data cited in the publication, a total of $474 million flowed into the U.S. spot XRP ETF during the quarter.

Ripple also pointed out that cumulative ETF inflows have exceeded US$1.5 billion, and the number of XRPs held in the five funds exceeds 769 million. While these positions do not guarantee an inevitable price breakthrough, continued institutional buying may reduce available liquidity and strengthen market demand during a broader market support period.

Trading activity is also highly concentrated around current prices. During the volatility in August, about 3.2 billion XRPs changed hands within the range of US$1.35 to US$1.38, making the region an important support area in the near term.

Cryptocurrency Price Outlook

An AI simulation with 2,000 paths cited by CryptoNews showed that the 90-day XRP target price for a bullish scenario was $2.14, which is about 59% higher than the reference closing price of $1.35, while the median result was $1.47. This bullish case assumes that ETF inflows continue and resistance around $1.68 to $1.72 is successfully breached.

The current technical form is still conditional. If the daily line closes below $1.35, it may expose downside space for $1.20; if prices recover and break through the resistance zone of $1.55 to $1.68, it will bring the $1.86 to $1.90 area back into focus. A stronger breakthrough may reopen the psychological barrier of $2.

The same model also outlines a basic scenario based on continued consolidation, as well as a bearish scenario where XRP falls back into the US$1.00 to US$0.92 range.

Institutional demand remains the main variable that distinguishes these paths, as stable ETF inflows can support liquidity but do not automatically generate immediate price increases.

XRP entered at close to $0.99 in early August, then climbed to about $1.70, then gave up some of the gains and eventually stabilized in the $1.36 to $1.37 range. This recent volatility explains why the $1.35 support and the $1.68 resistance zone now have greater weight than the long-term price target.

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