XRP has pulled back from the $1.69 high it reached in August, erasing roughly 20% of those gains. Despite the decline, the token's 4-hour chart still displays a bullish Break of Structure (BoS) that formed 23 bars ago above $1.4335.
The August rally saw XRP surge 71.8% from $0.988 to $1.698 before the current pullback began. The price now trades near the EMA21 at $1.4020, a level that could prove significant in determining whether the pullback remains contained or accelerates further downward.
Key Technical Levels
The $1.4335 BoS level and the EMA21 at $1.4020 form an important support zone. Below these, the EMA55 sits at $1.3884, providing additional support. XRP currently trades in the lower half of its Bollinger Bands range of $1.3607 to $1.4433.
A close above $1.4335 on the 4-hour chart would confirm buyers have reclaimed the BoS level and could open the path toward the $1.4835 swing high, the next major resistance level. Conversely, a 4-hour close below the EMA55 at $1.3884 would weaken the bullish structure.
The $1.35–$1.38 region represents an important demand zone below current levels, with roughly 3.2 billion XRP having traded in that area historically.
ETF Inflows Continue
US spot XRP ETFs recorded $110.49 million in inflows during the week ending August 28, marking their strongest weekly inflow of 2026. The funds have maintained positive inflows for 11 consecutive trading sessions, bringing in approximately $170 million during that period.
The continued ETF inflows despite the recent price decline suggest that investors are adding exposure during the correction. Retail investors account for nearly 84% of XRP ETF inflows, while Goldman Sachs reported about $87.4 million in XRP ETF exposure as of the second quarter.
