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Point of Focus
- XRP is defending the crucial $1 support level.
- Spot XRP ETFs could record a fifth consecutive week of inflows.
- Onchain data suggests whales are also accumulating gradually.
XRP (XRP) is attempting to establish a floor around the psychologically important $1 level as institutional inflows and whale accumulation strengthen the case for a potential recovery.
The token rebounded to approximately $1.01 after briefly testing support at $1. That reaction suggests buyers are prepared to defend the threshold, although technical indicators show that XRP has not yet confirmed a broader trend reversal.
ETF demand provides a crucial tailwind
US-listed spot XRP exchange-traded funds (ETFs) recorded $2.25 million in net inflows through Thursday, according to SoSoValue. Another positive finish would mark the products’ fifth consecutive week of inflows.
Investors have continued allocating capital despite XRP’s price correction, indicating that institutional interest has not disappeared with the recent market weakness.
Bank of Montreal’s disclosed positions in the REX-Osprey XRP ETF and ProShares Ultra XRP ETF reinforce this institutionalization narrative.
While the holdings are small, their presence in a major bank’s portfolio shows that XRP-linked products are entering the traditional investment universe.
Whales appear to be accumulating
Onchain data provides another cautiously bullish signal. CryptoQuant metrics show that large orders have dominated XRP spot activity throughout 2026, including while the token has traded between $1 and $1.20.
Meanwhile, XRP’s 90-day taker cumulative volume delta has returned to neutral territory.
This combination suggests whales may be accumulating gradually rather than chasing the market aggressively.
XRP’s realized price of approximately $0.75 also places the token closer to historically undervalued territory. However, because the market price remains above that level, the data does not prove that a definitive cycle bottom has formed.
Technical and political risks remain
The recovery case still faces substantial obstacles. XRP remains below its 50-day, 100-day, and 200-day exponential moving averages (EMAs), while its relative strength index (RSI) and moving average convergence/divergence (MACD) continue to reflect bearish momentum.
The first meaningful test is the 50-day average near $1.09, followed by resistance around $1.17 and $1.30. A sustained break above these levels would provide stronger evidence that buyers have regained control.
The reality of $10,000 – $50,000 $XRP
My personal hypothesis –
There’s only a finite amount of $XRP in existence@Ripple has a banking license in place
Ripple will license out the $XRP blockchain technology to every bank worldwide
Ripple will allocate a certain amount of…
— BarriC (@B_arri_C) August 13, 2026
Regulation could become another catalyst. Passage of the CLARITY Act may improve sentiment and accelerate institutional demand, but Senate delays make that a high-impact rather than high-probability scenario. Failure could expose XRP to a retreat toward $0.70.
For now, ETF inflows and whale positioning make the risk-reward more attractive, but defending $1 is only the beginning. XRP must reclaim its short-term averages before recovery hopes become a convincing bullish trend.
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