In Brief: XRP ETFs generated more than $62 million in daily trading volume, with Bitwise accounting for approximately $41 million of activity. XRP lost $1.46 and approached the $1.34 to $1.36
Crypto market analyst Diana has highlighted a divide between XRP’s price correction and strong exchange-traded fund activity. These products generated more than $62.83 million in daily trading volume during the latest market session.
In her update, Diana noted that XRP lost the $1.46 support level and moved toward the $1.34 to $1.36 region. Meanwhile, Bitwise generated $41 million in trading volume, representing the largest reported share among the XRP investment products. According to Diana, XRP traded near $1.38 as losing $1.46 exposed the token to further declines toward the lower support zone.
XRP’s technical momentum weakened as the token moved away from overbought conditions established during its rally. According to Diana, the four-hour relative strength index dropped from above 80 to 43 during the correction.
That decline indicates reduced buying momentum and a more balanced contest between buyers and sellers across the market. Additionally, the lower RSI could provide room for recovery if buyers successfully defend the identified support range.
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$XRP DUMPS Toward $1.35 — BUT XRP ETFs STILL CRUSH $62 MILLION+ in Daily Trading Volume
@Bitwise $41 MILLION
https://t.co/r16fiCEsc9pic.twitter.com/LIfpXCPK8Z
— Diana (@InvestWithD) August 27, 2026
A rebound from $1.34 could help XRP stabilize before attempting to recover the previously lost $1.46 level. Reclaiming that price would strengthen the technical setup and improve XRP’s prospects for targeting resistance levels.
Diana identified $2.60 as a potential target if buyers defend support and restore the damaged bullish market structure. Nevertheless, reaching that level requires sustained spot demand rather than substantial trading volume across ETF products alone.
Bitwise’s $41 million represented nearly two-thirds of the total activity recorded among the highlighted XRP investment funds. Consequently, the investment manager dominated the reported volume during XRP’s broader market correction.
A move beneath $1.34 would weaken the recovery setup and expose XRP to additional losses around lower support levels. Conversely, defending the area could establish a foundation for reclaiming $1.46 and pursuing the projected $2.60 target. XRP’s support reaction will determine whether ETF participation accompanies a recovery or remains separate from its price performance.
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The post XRP ETF Records Over $62 Million in Volume Amid Price Correction: Details appeared first on 36Crypto.
