XRP has gained more than 3% over the past 24 hours as the cryptocurrency market consolidates following its late-August rally.
The recovery comes despite a challenging macroeconomic environment.
Market-implied expectations of a September interest-rate increase have climbed to approximately 60%, raising concerns that tighter financial conditions could pressure cryptocurrencies and other risk-sensitive assets.
Nevertheless, sentiment remains positive. The Crypto Fear and Greed Index stands at 73, placing the market firmly in “Greed” territory despite the recent pullback.
XRP’s onchain activity and daily chart also point to the possibility of a larger move. However, bulls must overcome resistance at $1.50 to confirm the continuation of the previous uptrend.
XRP ETF inflows begin September at $13 million
Exchange-traded funds linked to XRP attracted approximately $13 million in net inflows at the beginning of September.
That represents an average of roughly $3.3 million per trading day. If the current pace continues, monthly inflows could reach between $60 million and $70 million.
Such a result would represent a decline of more than 50% from the previous month, indicating that institutional demand may be moderating after a stronger August.
However, it remains too early in the month to make a reliable projection. Daily ETF flows can fluctuate substantially, particularly around major macroeconomic announcements.
The Federal Reserve’s September 16 interest-rate decision and comments from Chair Kevin Warsh could materially influence demand during the remainder of the month.
A less hawkish policy message could improve risk appetite and accelerate ETF inflows. Conversely, signals that rates will remain elevated or rise further may reduce demand for XRP and other cryptocurrencies.
The Crypto Fear and Greed Index’s reading of 73 shows that investors remain optimistic despite concerns surrounding interest rates.
Greed readings generally indicate stronger demand for risk assets and a willingness among traders to maintain bullish positions.
This environment could support XRP if the broader market resumes its advance.
At the same time, elevated optimism can make markets more vulnerable to profit-taking. If the Federal Reserve delivers a more restrictive message than investors expect, sentiment could reverse quickly.
XRP’s near-term performance will therefore depend on whether positive crypto market momentum can outweigh pressure from rising rate expectations.
Active addresses on the XRP Ledger rose sharply in late August before gradually declining as trading volumes and network activity normalized.
The pullback suggests that the surge was temporary rather than the beginning of a sustained increase in daily usage.
However, the spike produced a crossover in which the seven-day moving average of active addresses moved above the 30-day average.
Previous occurrences of this signal have preceded significant XRP price movements.
Importantly, the crossover is not inherently bullish or bearish—it indicates that activity is changing rapidly enough to potentially precede increased volatility.
The previous signal appeared in August 2026. XRP initially declined but later recorded a strong rally toward the end of the month.
Because the latest crossover emerged after a major upward move, it could support a continuation scenario.
Still, traders should avoid treating it as confirmation until price action establishes a clear direction.
XRP forms bullish flag on the daily chart
XRP has developed a bullish flag pattern on its daily chart following its recent advance. A bullish flag typically forms when an asset consolidates downward after a sharp upward move.
The initial rally creates the flagpole, while the subsequent declining channel forms the flag.
The downward slope reflects profit-taking from early buyers and weaker participation from traders who entered later.
Although this shows fading momentum, it can also allow the market to consolidate before attempting another advance.
The pattern remains unconfirmed while XRP trades below its upper boundary. Buyers must push the token through the $1.50 resistance area to activate the bullish setup.
The $1.50 level represents the flag’s upper boundary and the most important obstacle facing XRP bulls.
A decisive breakout and sustained close above this area would support the continuation of the late-August rally. The first major target would sit around $1.80, in line with the previous bullish price projection.
Failure to overcome $1.50 could keep XRP inside the flag and extend its consolidation. Repeated rejection may also weaken the pattern as buyers lose momentum.
Trading volume will be important when evaluating any breakout. For investors holding XRP through the best crypto wallets, a move above $1.50 accompanied by rising volume would carry greater conviction than a brief intraday spike.
Based on the length of the flagpole, the full technical projection places XRP’s target near $2.10.
Reaching that level would represent approximately 48% upside from the price referenced in the analysis.
The target should be treated as a potential technical objective rather than a guaranteed outcome. XRP must first break $1.50 and then overcome resistance around $1.80.
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