XRP Price Prediction: Can $39M in ETF Inflows Push XRP to $1.70?

• XRP trades at $1.4793, down almost 3% today, testing the $1.52 point of control that’s capped the rally
• XRP surged 51% this week to $1.50, its best week since November 2024, outpacing Bitcoin, Ethereum, and Solana
• XRP ETFs pulled in $39.78M last week, the strongest inflow week since mid-May

The XRP price prediction just went from best week in nearly two years to a genuine test of whether that move sticks, with XRP trading at $1.48, pulling back from a high near $1.70 after surging 51% this week, its strongest weekly gain since November 2024 and enough to outpace Bitcoin, Ethereum, and Solana.

XRP Price Analysis: Will XRP Price Go Up After Testing the $1.52 Ceiling?

XRP rocketed from around $1 to a high near $1.70 this week before pulling back to trade between $1.40 and $1.60. Price now sits at $1.4793, just below the middle Bollinger Band at $1.4851.

MACD has turned negative, with the MACD line below the signal line and red histogram bars showing up, a sign momentum has cooled after the sharp run-up. 

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The upper Bollinger Band at $1.5292 lines up closely with the descending trendline from this week’s high, making that zone the level XRP needs to clear to get the uptrend going again. The lower Bollinger Band at $1.4410 marks the nearer support.

XRP Support and Resistance Levels, August 24, 2026

XRP News: Best Weekly Gain Since 2024 on Treasury Buyback Speculation

XRP surged 51% this week to $1.50, its best week since November 2024, easily outpacing Bitcoin’s 22% gain, Ethereum’s 30%, and Solana’s 28%, according to CoinDesk. The rally followed a stretch where XRP had lagged the broader market’s bounce.

The move traces back to a U.S. Treasury announcement that it will buy back $4 billion or more of its own long-duration bonds on multiple occasions between September 9 and November 4, doubling the previous $2 billion cap. 

While framed as a liquidity management move, the timing suggested an effort to cap rising bond yields, which had hit their highest levels since 2007 earlier in the week. That stirred speculation the Treasury could eventually lean toward yield curve control, a stimulus tool where a central bank caps bond yields and buys whatever it takes to defend that ceiling. Markets read that as bullish for risk assets, crypto included.

Meanwhile, short covering added more fuel to the move, with nearly $2 billion in XRP short positions liquidated this week, according to CoinGlass data cited by CoinDesk.

XRP News: Analyst Flags $1.52 as the Level to Watch

Analyst CW8900 said XRP’s point of control, the price level where the most trading volume has occurred, sits at $1.52, and that the uptrend only resumes once that resistance breaks. CW8900 also flagged $1.40 as a key support level below current price.

XRP ETF Inflows Hit Strongest Week Since Mid-May

XRP ETFs pulled in $39.78M for the week ending August 21, the strongest weekly total since mid-May, when inflows reached roughly $60M according to SoSoValue. 

Daily inflow on August 21 alone hit $18.38M, led by Bitwise’s XRP fund with $16.89M. Cumulative net inflow across all XRP ETFs now stands at $1.55B, with total net assets at $1.33B.

XRP Derivatives: Volume Cools as Shorts Take the Bigger Hit

XRP’s derivatives volume fell 23.98% to $8.83B over the past 24 hours, showing trading activity easing after this week’s sharp moves. Open interest, the money locked into open positions, rose 3.74% to $3.68B, meaning positions kept building even as raw trading slowed.

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Positioning still leans long. Binance shows roughly 2.6 long positions for every short, and OKX shows 2.1, meaning traders remain broadly positioned for more upside despite today’s pullback.

That shows up clearly in liquidations, which happen when a leveraged bet gets forced closed after price moves the wrong way. Of the $20.64M liquidated in the past 24 hours, $12.00M came from longs caught out in today’s pullback, while shorts lost $8.65M, a reversal from the one-sided short squeezes seen earlier in the week. 

Meanwhile, spot data tells a similar story, with $15.57M in net outflow on August 24, pointing to some profit taking after the sharp rally.

XRP Price Prediction: Upside and Downside Targets

Bullish Case, Target: $1.70 (Weekly High)

XRP holds above $1.40 support and reclaims the $1.52 point of control on a daily close, the trigger CW8900 flagged for resuming the uptrend. Continued momentum from this week’s Treasury-driven rally, growing ETF inflows, and further short covering could push price back toward this week’s high near $1.70.

Bearish Case, Risk Level: $1.40

XRP fails to reclaim $1.52 and keeps unwinding this week’s gains as profit taking continues, in line with today’s spot outflows and rising long liquidations. Price breaks below the Bollinger lower band at $1.4410 and tests the broader support zone near $1.40, the next floor CW8900 flagged below current price.

Conclusion

This week’s rally had real substance behind it, a specific Treasury policy catalyst, historic short covering, and accelerating ETF inflows rather than a narrative-driven spike with nothing underneath it. The pullback since the $1.70 high looks like normal digestion after a 51% weekly move rather than an immediate reversal, but $1.52 is the level that actually settles the question. 

Reclaiming it on a daily close would confirm buyers still control the trend, while continued failure to clear it, especially alongside today’s spot outflows and long liquidations, would suggest this week’s gains need more time to consolidate before XRP can retest its highs.

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