XRP is trading at $1.32, pulling back after a strong 72% rally in August pushed the token from $1.00 to $1.70. That rally stalled on profit-taking as traders locked in gains and the price began searching for fresh buyers.
The broader crypto market is also under pressure. Bitcoin has slipped below $77,000 and Ethereum is sitting under $2,400. Rising US-Iran tensions have pushed oil prices higher and are reinforcing hawkish expectations around the Federal Reserve, creating a tough macro backdrop for risk assets.
The crypto Fear & Greed Index has dropped to 63, down from 69 the day before. A continued fall in sentiment could push XRP below the $1.30 level.
Despite the price dip, capital is still flowing in. US-listed XRP spot ETFs recorded $14 million in inflows on Tuesday, up from $6 million the day before. Cumulative inflows now sit at $1.68 billion, with net assets averaging $1.44 billion.
XRP ETF flows have been surprisingly resilient. Money in the aggregate has mostly only gone one direction and now they have a total of $1.8 billion in cumulative net inflows. When you look at this compared ripple:native price over this time period … its particularly impressive https://t.co/r4rI3w3QAk pic.twitter.com/Ytk4pV5Z3d
— James Seyffart (@JSeyff) August 31, 2026
Ripple also carried out its routine monthly escrow release, unlocking 1 billion XRP before returning 700 million XRP back into escrow. This is a scheduled supply event, though it tends to attract trader attention when price is already soft.
On-chain data tells a different story from the spot price. Cumulative XRP Ledger transactions have crossed 3 billion, and on-chain volume has surged 200% even as the price cooled. Futures Open Interest has also ticked up slightly to 2.29 billion XRP.
From a technical standpoint, XRP is trading below its 200-day EMA at $1.35, which has now flipped into resistance. The RSI sits near 55, showing fading bullish momentum, while the MACD has slipped back into negative territory.
Support is clustered around the 50-day and 100-day EMAs near $1.22. A daily close below that level would signal buyers are losing control. On the upside, resistance stands at $1.35 and then $1.40.
Analyst account XRP Update posted on X that price is compressing near long-term trendline support. They noted that if support holds and XRP breaks above descending resistance, a move to $2.00 or higher comes back into focus, adding that confirmation of the breakout is key.
$XRP 8H SETUP IS GETTING INTERESTING.
Price is compressing near long-term trendline support after the recent rally.
If support holds and XRP breaks descending resistance, $2.00+ comes back into focus.
CONFIRMATION IS KEY. 💥📈 pic.twitter.com/IRYtXcsZTf
— XRP Update (@XrpUdate) September 1, 2026
XRP Ledger cumulative transactions crossed 3 billion with on-chain volume up 200%, even as spot price remains under pressure at $1.32.
The post Ripple XRP Price: ETF Inflows Hit $1.68 Billion Cumulative as XRP Slides Toward Key Support appeared first on CoinCentral.
