EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

XRP holds key support levels, ETF inflows surge, and the $2 target depends on whether it can break t

2026-09-03 03:44:50
Bookmark

XRP stabilized near key support levels, ETF inflows surged, and the $2 target depends on whether it can break through $1.38

XRP is trying to stabilize after falling sharply from recent highs, and traders 'attention is focused on key support ranges. The token rose from $0.988 to $1.698, a gain of 71.8%, but has since retreated about 20%, and is now consolidating near a heavily traded area. This area will determine whether the next move will push prices towards $2.

Key Support Levels and On-Chain Data

Analyst Ali Martinez, known for his technical and on-chain research, pointed out that the US$1.31 to US$1.38 range is the main level that needs to be focused on at the moment. The region is supported by significant trading activity: more than 4.8 billion XRPs were purchased within this range, forming a large group of holders whose cost prices are close to or exactly at current prices. This area serves as a buffer against further declines, but could easily turn into resistance if it is broken below.

Martinez emphasized that early data showed that 3.2 billion XRPs changed hands between $1.35 and $1.38. From a broader perspective, the size of this cluster highlights the importance of this support level. If support falls, these holders may become sellers, exacerbating downward pressure.

More than 4.8 billion XRPs were previously purchased between US$1.31 and US$1.38, forming a key support cluster that determines recent price movements.

Resistance above is equally dense. Key "liquidity shelves" for XRP appear at $1.60 (1.99 billion XRPs),$1.68 (1.98 billion XRPs) and $1.86 (3.47 billion XRPs). Martinez believes that a clean breakthrough of $1.86 may open the channel to $2.19, because there is a buying concentration area of 3.12 billion XRPs at this price. This means that $2 is just an intermediate milestone, not an immediate goal.

Key price levels and corresponding volumes:
-Support level US$1.31 -1.38: 4.8 billion XRPs
-Resistance level US$1.60: 1.99 billion XRPs
-Resistance level US$1.68: 1.98 billion XRPs
-Main resistance level US$1.86: 3.47 billion XRPs
-Top Target US$2.19: 3.12 billion XRPs

ETF capital inflows and short-term price triggers

Demand from U.S. spot XRP exchange-traded funds (ETFs) provided support. Last week, these ETFs attracted $105 million in inflows, or approximately 73.2 million XRPs. This institutional buying occurred while XRP was still in the correction, highlighting the market's strong interest in regulated crypto investment products.

These ETF flows have not yet translated into continued price increases for XRP, and analysts are still examining whether this continued demand will ultimately drive a breakthrough. Market uncertainty is widespread, and traders are closely watching how ETF-driven buying interacts with technical resistance levels and the broader risk environment, especially as Bitcoin struggles below $80,000.

Over the shorter time period, the hourly chart of XRP is forming a bullish flag-shaped pattern, which traders view as a potential precursor to a breakout. For Martinez, if the hourly chart closes above $1.38, it will confirm the completion of this pattern and redirect attention back to the $2 target.

Unless the hourly chart closes above US$1.38, the rebound will remain fragile, and the rally that hit US$2 will still need to be confirmed.

If the bulls fail to hold on to the US$1.31 support level, the prospect of regaining US$2 is likely to be delayed and the recent rally may continue to disintegrate.

XRP is a native token for the Ripple network, a blockchain-based system designed to facilitate fast, low-cost international payments.

Mini Dictionary: ETF (Exchange-Traded Fund), a regulated investment fund that tracks the price of assets (such as XRP) and trades them on a stock exchange, allowing large investors to gain exposure to crypto assets without having to directly purchase the underlying token.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP