XRP Surges 50% as $39.8M ETF Inflows Hit a Weekly High

XRP trades near $1.47 after cooling from a weekly gain of roughly 50%, one of the sharpest moves among large-cap tokens this month. The advance coincided with the strongest week for spot XRP ETFs since May, as institutional demand converged with a broader crypto rally that pushed Bitcoin above $77,000 and lifted the Fear and Greed Index to 73, deep in Greed territory. XRP now faces a test: hold its recent support or give back more of the rally.

ETF Demand Hits a Five-Month High

Spot XRP ETFs pulled in $39.78 million in net inflows over the week ending August 21, their best showing since a $60.5 million week in mid-May, according to data from SosoValue. The funds logged inflows on nearly every trading day, a marked shift after weeks of thin, inconsistent demand.

August 21 alone accounted for $18.38 million of that total, arriving the same day XRP jumped more than 20% in 24 hours. Trading volume across the listed products reached $94.03 million, and total net assets climbed to $1.33 billion. Cumulative inflows since the funds launched have now reached $1.55 billion, equal to roughly 1.54% of XRP’s total market value.

The scale of the inflows remains modest next to XRP’s market capitalization, which sits near $91 billion to $94 billion. But the consistency of the flows, rather than any single day’s size, is what shifted sentiment. A quiet macro backdrop and rising risk appetite gave the rally room to run, though the same conditions leave XRP exposed to profit-taking once momentum fades.

This week’s inflow data at a glance:

• $39.78 million in weekly net inflows, the strongest since mid-May
• $18.38 million single-day record on August 21
• $1.55 billion in cumulative inflows since launch

Can XRP Hold Its Gains?

XRP touched an intraday high near $1.70 on August 22 before sellers took profits, pulling the token back toward $1.45. On the 4-hour chart, XRP is now testing the $1.40 level, a support zone traders are watching to gauge whether the broader uptrend remains intact.

Momentum has cooled alongside the pullback. The Relative Strength Index has slipped to roughly 59 from overbought territory above 70, suggesting the rally has lost some steam without yet turning bearish. The MACD line has crossed below its signal line, a bearish signal reinforced by a negative histogram reading, pointing to building short-term pressure even as the broader trend stays moderately constructive.

Technical Levels to Watch

A recovery above $1.50 would put XRP back in range of the $1.60 resistance level it touched during last week’s spike. Clearing $1.60 would open a path toward $1.70 and $1.80, levels XRP briefly traded near before the pullback.

The downside case centers on $1.40. Losing that support would expose $1.30 as the next level, and a deeper slide would bring $1.20 into focus, roughly where XRP traded before the rally began. Which scenario plays out likely depends on whether ETF demand can offset the wave of profit-taking that followed XRP’s sharpest weekly gain in months.

Conclusion

XRP’s rally has real institutional support behind it, but the technical picture is mixed enough that the next move is not settled. ETF inflows and a favorable macro backdrop argue for the bulls, while a cooling RSI and bearish MACD crossover argue for caution. The $1.40 to $1.50 range is likely to decide which side wins over the coming sessions.