XRP Retains Bullish Structure Near $1.40 as ETF Inflows Persist

XRP has retreated from the $1.69 peak reached during its August rally, yet its 4-hour chart continues to reflect a bullish Break of Structure (BoS).

During August, XRP surged 71.8% from $0.988 to $1.698 before beginning its current pullback. This downward correction has erased roughly 20% of those gains, with the price now hovering just above the EMA21 at $1.4020.

This support level will likely play a key role in determining whether the pullback remains shallow or develops into a deeper decline.

XRP Maintains Bullish BoS

On the 4-hour chart, XRP established a bullish BoS 23 bars ago following a break above $1.4335. While this shift granted buyers control of the short-term trend, recent price action has brought XRP back toward the EMA21 at $1.4020. Below that, the EMA55 at $1.3884 acts as an additional layer of support.

At present, XRP trades within the lower half of its Bollinger Bands range, which spans $1.3607 to $1.4433. However, this positioning alone does not signal an imminent reversal. Instead, the market may be poised for consolidation within the broader 4-hour uptrend.

The next key target on the chart is the $1.4835 swing high, which has remained untested since the formation of the bullish BoS. A move toward this level would offer buyers an opportunity to advance the current upward structure.

Critical XRP Demand Zone

The region surrounding the EMA21 at $1.4020 and the $1.4335 BoS level constitutes a significant support zone for XRP’s ongoing structure.

Beneath this area, the $1.35–$1.38 range could offer further downside protection. Market analyst Ali Martinez had previously highlighted this zone as a major demand area, noting that approximately 3.2 billion XRP tokens were transacted there.

Should XRP fall below the EMA21, attention may shift to the EMA55 at $1.3884. Additional weakness could bring the $1.35-$1.38 demand zone back into focus. Conversely, reclaiming the $1.4335 level would reinforce the bullish setup and enhance the likelihood of a retest of $1.4835.

XRP ETFs Continue Attracting Capital

Although XRP’s price has pulled back from its August highs, spot XRP ETFs have sustained strong inflows. During the week ending August 28, US spot XRP ETFs attracted $110.49 million in new capital, representing their most robust weekly inflow of 2026.

The funds extended their inflow streak to 11 consecutive trading sessions, accumulating roughly $170 million over that span. This continued buying pressure during the correction suggests that investors remain confident in adding exposure despite recent volatility.

While Goldman Sachs disclosed approximately $87.4 million in XRP ETF holdings as of the second quarter, retail investors still account for nearly 84% of total XRP ETF inflows, indicating substantial potential for increased institutional participation.

XRP Must Reassert $1.4335

For the bullish case to regain momentum, XRP must secure a 4-hour candle close above $1.4335. Such a move would confirm that buyers have reclaimed the BoS level and open the door for a push toward the $1.4835 swing high.

Breaking above $1.4835 would set the stage for a move toward the August peak at $1.6999. However, the structure also contains a critical bearish signal: a 4-hour close below the EMA55 at $1.3884 would place the current setup under meaningful pressure and suggest the bullish narrative may be losing strength.

Source link