XRP posted one of its strongest weekly moves in months, gaining around 53% in a single weekly candle. CoinMarketCap showed the token trading near $1.47 on Aug. 24, with a daily range between $1.46 and $1.54.
The move brought XRP back to a level that has previously slowed momentum. Analyst Ash Crypto called it a nearly seven-month high. Analyst Pumpius noted the rally started from a low near $0.985.
Analyst Crypto Patel identified $1.55 as the immediate resistance level. He said a sustained close above that zone could extend the bullish move. He also said a rejection there could pull price back toward lower support areas.
$XRP JUST BROKE 7 MONTHS OF RESISTANCE.
After pumping ~70% in ONE weekly candle from near our accumulation zone, all eyes are now on $1.55.
Above it = potential next bull leg 🚀
Below it = retracement/re-accumulation zone.I’m still watching $5–$10 long term, but wouldn’t… https://t.co/GotNxuMt9E pic.twitter.com/ePGHhuqp2X
— Crypto Patel (@CryptoPatel) August 24, 2026
The $1.54 daily high sat just below that $1.55 level, making it a clear short-term test. Separately, XRP Update reported that buyers defended the $1.45 zone across several exchanges.
U.S. spot XRP ETFs recorded $39.78 million in net inflows during the week of Aug. 17–21, the strongest weekly figure since May. Cumulative net inflows reached approximately $1.55 billion. Friday’s flow data showed around $18 million led by Bitwise, Grayscale, and Franklin.
Volumes in the Bitwise $XRP XRP ETF have really popped over the last 3 sessions.
Over $80 million traded today, and over $60 mm each of the prior two days – each of which would have been its highest volume day since inception. pic.twitter.com/wcEQk9nNrD
— Teddy Fusaro (@teddyfuse) August 24, 2026
That followed a rough stretch earlier in August when weekly inflows fell roughly 93% to just $1.01 million. Total net assets in XRP ETF products sat near $940 million.
CoinGlass data showed XRP futures open interest at $3.72 billion on Aug. 24. Futures volume over 24 hours reached $8.84 billion, while spot volume stood near $1.89 billion.
The gap between futures and spot volume shows leveraged activity was elevated. That can increase volatility around key resistance levels and raise liquidation risk if momentum stalls.
On-chain data added to the picture. Analyst Ali Charts noted that XRP active addresses surged 654.71%, jumping from 47,180 to 356,070. Ali Charts said this type of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility.
$XRP NETWORK ACTIVITY EXPLODED!
Active addresses have surged 654.71%, jumping from 47,180 to 356,070.
That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8a pic.twitter.com/1eJA319sJk
— Ali Charts (@alicharts) August 24, 2026
Ripple reported holding 37.66 billion XRP as of June 30, with 32.6 billion still in on-ledger escrow. On Aug. 3, Ripple announced investments in ZILO and Licuido to expand transfer agency and collateral mobility services.
XRP remains below its January 2018 all-time high of $3.84. As of Aug. 24, price action centered on the $1.45–$1.55 range, with the next key development being how XRP reacts at $1.55 resistance.
The post XRP Price Rallies 53% in One Week as Spot ETFs Record Best Weekly Inflows Since May appeared first on CoinCentral.
