XRP has held near $1.51 as demand through U.S. spot exchange-traded funds remains elevated, leaving traders focused on whether the token can break resistance around 1.60-1.62. Summary XRP tra
XRP has held near $1.51 as demand through U.S. spot exchange-traded funds remains elevated, leaving traders focused on whether the token can break resistance around 1.60-1.62.
SummaryCoinGecko shows XRP trading near $1.51 at the latest reading, with a 24-hour range of roughly $1.47 to $1.54 and trading volume above $4.2 billion. Its market capitalization stood close to $95 billion, based on approximately 62.9 billion XRP in circulation.
The token remains below last week’s high around $1.66, but its daily chart continues to hold above the Bollinger Band midpoint near $1.43. Meanwhile, U.S. spot XRP ETFs have accumulated close to $1.8 billion in net inflows since their launches, providing another source of demand while price remains below its recent peak.
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The immediate hurdle sits between $1.60 and $1.62. XRP has repeatedly approached that region without establishing a sustained move above it, leaving the area as the first technical barrier for another advance.
The daily Bollinger Bands place the middle band close to $1.43 and the upper band around $1.62. XRP trading between the two keeps price above its recent average while leaving it below the upper end of its current volatility range.
Momentum remains positive but has cooled. The Relative Strength Index stands near 57.50, slightly below its moving average around 58.06 and above the neutral 50 level. The reading does not place XRP in conventional overbought territory.
XRP price chart, source: TradingView
As crypto.news recently reported, XRP has been repeatedly testing resistance between $1.55 and $1.60, with the token briefly reaching $1.6581 on Sept. 23 before sellers pushed it back. That earlier analysis placed nearby support around 1.40-1.41.
A daily move above $1.62 would take XRP beyond the upper Bollinger Band and reopen the recent 1.65-1.66 high. Failure to clear that area would leave the token trading inside its current consolidation range, with $1.43 remaining the closest technical support from the indicator.
Institutional demand has continued through U.S.-listed XRP investment products even while the underlying token trades well below its all-time high.
SoSoValue data cited in recent market reporting put cumulative net inflows across the XRP ETF group near $1.79 billion after Canary Capital’s XRPC received another $3.96 million on Monday. Total net assets stood close to $1.68 billion after reaching a record around $1.77 billion on Sept. 25.
The distinction between net inflows and net assets is important. Net inflows measure the money entering or leaving the products, while net assets move with XRP’s market price after those purchases occur.
Earlier crypto.news data showed XRP ETFs had accumulated approximately $1.76 billion in net inflows by Sept. 25, when another $14.89 million entered the products.
The September numbers extend a longer trend. In late August, seven U.S. spot XRP ETFs had accumulated more than $1.5 billion in flows, with Bitwise, Canary Capital and Franklin Templeton among the largest products.
Bitwise’s fund has remained one of the leading vehicles. The Bitwise XRP ETF began operations on Nov. 19, 2025 and trades on NYSE Arca under the ticker XRP, according to its SEC filings.
The fund charges a 0.34% annual sponsor fee and holds its XRP with Coinbase Custody Trust Company. The SEC filing states that Coinbase Custody maintains segregated accounts containing the trust’s XRP.
Bitwise’s latest regulatory update should not be interpreted as a new ETF approval. The fund was already operating before the filing, and its September amendments concern the continuing registration and disclosure requirements of an existing product.
Bitwise Chief Investment Officer Matt Hougan has attributed part of the interest to XRP’s long operating history and its association with payment and liquidity applications.
Hougan described XRP as “one of the Mount Rushmore assets in crypto” while discussing how financial advisors evaluate established digital assets. His assessment represents his investment view, not an independent measure of XRP’s quality or future performance.
XRP ETFs net assets have grown 80% throughout Q3 to an all-time high of $1.77B.@Matt_Hougan, Chief Investment Officer at @Bitwise, on what's driving institutional demand for $XRP:"XRP appeals for very simple reasons … One is that [financial advisors] are confident it's not… pic.twitter.com/7YXqVPpOj2
— Token Relations (@TokenRelations) September 28, 2026
One factor, according to Hougan, is persistence. Advisors unfamiliar with crypto often question whether individual tokens will remain relevant for years, while XRP has traded through several market cycles and lengthy U.S. regulatory disputes.
A second factor is that advisors can connect the asset with payment-related use cases they already understand, he said. XRP is the native asset of XRP Ledger, while Ripple separately develops payment, stablecoin and institutional financial products that can involve XRPL infrastructure.
Interest among wealth managers was visible earlier this month. As crypto.news reported, XRP generated more questions than any other cryptocurrency during a Bitwise presentation to roughly 400 wealth managers. Bitwise analyst Ryan Rasmussen described the level of interest as unusually high, though the attendee poll was not a representative survey of the wealth-management industry.
At the time, U.S. XRP funds had already attracted roughly $1.68 billion in cumulative net inflows.
ETF inflows provide verifiable demand for XRP, but they do not establish that price will break above a specific level. XRP continues to trade below the resistance that rejected the token last week.
The chart places 1.60-1.62 as the first hurdle. Above it, the recent 1.65-1.66 high would become the next visible test before levels such as $1.80 return to focus.
On the downside, the Bollinger midpoint around $1.43 remains the nearest indicator-based support. Losing that level would move XRP below its 20-day center line and weaken the current mild bullish structure.
Recent price history shows why the $1.60 region remains important. Crypto.news reported earlier in September that XRP needed to reclaim the 1.50-1.60 area after retreating from an August peak near $1.70.
The ETF backdrop has strengthened since then, while XRP’s price has returned above $1.50. CoinGecko currently places the token roughly 58% below its $3.65 all-time high, with the latest 24-hour trading range still contained below $1.55.
For the current setup, a sustained break above 1.60-1.62 would provide the clearest technical confirmation that buyers have regained control of the recent range. Until then, XRP remains in consolidation between support near $1.43 and resistance around $1.62.
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