XRP Price Rallies 53% in One Week as Spot ETFs Record Best Weekly Inflows Since May

TLDR

• XRP surged roughly 53% in one week, reaching a nearly seven-month high near $1.54.
• The key resistance level to watch is $1.55, with $1.45 acting as short-term support.
• U.S. spot XRP ETFs pulled in $39.78 million during the week of Aug. 17–21.
• Cumulative ETF net inflows hit approximately $1.55 billion.
• XRP futures open interest reached $3.72 billion on Aug. 24.

XRP posted one of its strongest weekly moves in months, gaining around 53% in a single weekly candle. CoinMarketCap showed the token trading near $1.47 on Aug. 24, with a daily range between $1.46 and $1.54.

The move brought XRP back to a level that has previously slowed momentum. Analyst Ash Crypto called it a nearly seven-month high. Analyst Pumpius noted the rally started from a low near $0.985.

Analyst Crypto Patel identified $1.55 as the immediate resistance level. He said a sustained close above that zone could extend the bullish move. He also said a rejection there could pull price back toward lower support areas.

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