XRP briefly tapped $1.76 on Tuesday before settling near $1.50, breaking through a resistance level that had held for seven months. The move capped off a weekly gain of roughly 70% from the accumulation zone, and it came alongside a sharp jump in network activity and a fresh round of inflows into US spot XRP ETFs.
ETF flows pick up again
US-based spot XRP ETFs recorded zero flows on Monday, but the picture shifted quickly. Tuesday brought $5.81 million, Wednesday $2.35 million, and Thursday $13.24 million. Friday saw the strongest daily inflow since mid-May at $18.38 million, with the streak continuing on August 25 with another $13.82 million.
Bitwise's XRP ETF led that last day, pulling in $8.25 million. Franklin followed with $4 million and Canary added $1.57 million. The steady week, after a quiet Monday, suggests institutional appetite for the token is picking back up.
Network traffic jumps
On-chain activity tells a similar story. Active addresses on the XRP network climbed from 47,180 to 356,070, a 654.71% increase. That kind of jump doesn't happen on a quiet day; it signals that traders and holders are moving coins, not just watching the chart.
Two traders, two maps
Analysts are split on the next leg. One, known as Casi Trades, sees XRP moving toward $1.78 before pulling back to around $1.30, then pushing to $2.57 as part of a full five-wave structure. In that scenario, the cycle eventually reaches roughly $2.90 before correcting to $1.65.
Crypto Patel takes a narrower view, keeping the focus on $1.55. Holding above that level could set up another bullish move, he says, while a break below might lead to a retracement or another re-accumulation phase. His long-term target is far higher, at $5 to $10.
Why $1.55 matters
With XRP stabilizing near $1.50, the round number is in play. If the token holds $1.55 as support, the path opens for the next push. If it slides below, the re-accumulation scenario becomes more likely. The next session's price action will show which map traders are following.
