XRP Gained 16% Last Week and Lost 7% in a Day. Is the Rally Already Over?
Short-covering and ETF inflows lifted XRP, but $1.60 resistance held as roughly $300 million in forced liquidations faded, analysts said.
- XRP has failed to hold $1.60 despite touching the level twice in two days, with sellers actively capping gains near $1.51. The token continues to face persistent selling pressure at this significant resistance point.
- Forced short liquidations totaling $300 million fueled last week's 16% rally rather than organic buying demand. With this short-covering phase concluded, XRP lacks the institutional momentum needed to sustain recent price levels.
- U.S. spot XRP ETFs attracted only $10 million to $19 million weekly in September, significantly trailing the $28 million influx recorded on August 26. These weak inflows leave the token without institutional fuel to sustain momentum.
- Investors who bought above $2.75 and those from August's $1.70 spike are selling into every rally, capping upside potential. Support remains at $1.48, just 2% below current prices, providing a critical floor.
- Market participants watch the September 29 XRP Ledger Batch upgrade, which may encourage fresh buying interest. Ripple can also release up to 1 billion XRP from escrow on October 1, valued at about $1.5 billion.
24 Articles
24 Articles
XRP Gained 16% Last Week and Lost 7% in a Day. Is the Rally Already Over?
XRP (CRYPTO:XRP) gained 15.8% by September 23, 2026, then fell 6.9% the next day. As of September 24, it trades at $1.51. The XRP rally lifted the coin from $1.30 to a peak of $1.66 in just six days before selling pressure emerged. This surge was driven mainly by traders forced to close short positions, […]
XRP Update: XRP Erases Part of Recent Rally as Key Support Faces Fresh Test, Binance Top Traders Remain Heavily Long
XRP Drops to $1.49 as Long Positions Stay Elevated and Support Comes Into Focus. XRP has pulled back sharply after its latest advance, falling from the $1.64 area toward $1.49 as short-term selling pressure returned.Visit Website
XRP Price Today (26 September): XRP Holds Near $1.55 After Weekly Rally, Faces $1.60 Resistance Amid ETF Inflows and Bitget Hack Concerns – Check Latest XRP Prices in USD, INR, GBP, Euro & JPY
XRP price today, September 26, 2026, is near $1.55 after a weekly rally. Check XRP prices in USD, INR, GBP, euro and yen, key levels, ETF inflows and September 27 outlook.
XRP is running out of time. With five remaining days in September, the token is $1.55 and needs a 9.8% increase to reach $1.70 — the level that Kalshi's market set as the end-of-month target. But traders don't really bet on it.
Kalshi Says XRP Price Can Hit $1.70 in September
Kalshi’s September XRP market is flashing a $1.70 forecast, yet the $1.70 contract trades at just 32 cents with XRP near $1.55 and five days left. 1.7 on the Screen, 32 on the Ticket The number came from Kalshi’s September XRP market, which shows a 1.7 forecast, up 0.1 on the day. That said, the […]
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