XRP Price: Analyst Predicts Drop to $1 While ETFs Post First Weekly Outflows in Weeks

08-Mar-2026 CoinCentral

TLDR

  • Analyst ChartNerd predicts XRP could fall to $1 in a liquidity grab before bouncing back.
  • XRP ETFs recorded their first weekly net outflows since January 30, totaling over $4 million.
  • XRP is currently trading around $1.35 after dipping briefly to $1.347 during heavy selling.
  • Ripple CEO Brad Garlinghouse told investors they’ll be in a “very happy place” in five years.
  • Whale activity, measured by the Flow 30-DMA metric, has turned positive for the first time in over three months.

XRP is trading near $1.35 after a rough week that saw ETF outflows, technical selling pressure, and a bearish analyst prediction. At the same time, Ripple’s CEO is telling investors to think long-term.

xrp price
XRP Price

XRP slipped from $1.3666 to $1.3554 over the past 24 hours, briefly touching $1.347 during a surge in trading volume. Buyers stepped in to defend the $1.35 level, and the price has since stabilized in a tight range between $1.35 and $1.37.

Analyst ChartNerd posted on X that XRP could drop as low as $1, pointing to a liquidity stack between $1 and $1.20. There is also a liquidity stack near $1.80.

ChartNerd said the most likely scenario for March is a rally to $1.80 first, followed by a drop back to the $1 range. He described this as a “liquidity grab” — a price move designed to trigger stop-loss orders before a potential reversal.

XRP ETFs See First Weekly Outflows Since January

According to SoSoValue data, XRP ETFs posted net weekly outflows of just over $4 million. That marks the first weekly outflows since January 30.

XRP ETFs weekly flows
Source: SoSo Value

The funds saw inflows in the first three days of the week but then reversed course on March 5 and 6. On March 6 alone, outflows hit $16.62 million — the largest single-day outflow since January 29.

Bitcoin, Ethereum, and Solana ETFs also saw outflows of $349 million, $83 million, and $8 million respectively during the same period.

Ripple CEO Calls for Long-Term Thinking

At the XRP Australia 2026 conference, Ripple CEO Brad Garlinghouse told attendees that current investors could find themselves in a “very happy place” within five years.

Garlinghouse pointed to accelerating institutional adoption of blockchain technology, including tokenization, stablecoins, and blockchain-based settlement systems.

He described progress as a series of small steps rather than one big moment. “There’s not one switch; there are hundreds and thousands of switches,” he said.

Evernorth CEO Asheesh Birla added that real financial transformation takes closer to a decade. He said short-term price movements often don’t reflect the technological shift happening underneath.

One positive on-chain signal: the XRP Whale Flow 30-DMA metric has turned positive for the first time in over three months, suggesting renewed buying interest from large holders.

XRP is currently holding the $1.35 support level, with traders watching closely for a break in either direction.

The post XRP Price: Analyst Predicts Drop to $1 While ETFs Post First Weekly Outflows in Weeks appeared first on CoinCentral.

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