XRP Price: ETF Inflows Hit 2026 Record as $2 Target Comes Into View

TLDR
- Analyst Ali Martinez confirms XRP has broken above a falling trendline, with $1.70 as the next price target
- XRP is trading near $1.40โ$1.42 after pulling back from a recent high of $1.66
- Spot XRP ETFs recorded $110.49 million in weekly inflows for the week ending August 28 โ the strongest week of 2026
- The U.S. Senate is scheduled to vote on the CLARITY Act on September 15, which could impact XRP directly
- XRP needs a 42.9% gain from current levels to reach $2 by September 30
XRP is trading near $1.40 after pulling back from its August high of $1.66. The chart structure has improved, and one top analyst says a breakout is now confirmed.
Crypto analyst Ali Martinez posted a 1-hour XRP chart showing the token breaking above a descending trendline that had been capping price movement through the week. Martinez stated: โBreakout Confirmed! XRP has cleared resistance. Next target: $1.70.โ
BREAKOUT CONFIRMED!
ripple:native has cleared resistance.
Next target: $1.70. https://t.co/mdanICgtHr pic.twitter.com/Wm5O5STchs
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