XRP Price: Can the 200-Week EMA Hold as ETF Inflows Hit Their Best Week in Months?

NewsSun, 30 Aug 2026 06:55:48 UTC2 hours ago
XRP Price: Can the 200-Week EMA Hold as ETF Inflows Hit Their Best Week in Months?

TLDR

  • XRP is down 2.46%, trading around $1.38, testing the 200-week EMA support at $1.37
  • XRP ETFs recorded $110.49 million in weekly inflows, the highest since December 2025
  • Bitwise led ETF inflows with $59.95 million for the week
  • XRP treasury company Evernorth received SEC approval to list on NASDAQ via merger with Armada Acquisition Corp
  • On-chain metrics show rising receiving addresses (926,320) and transaction activity

XRP is trading at $1.38, down 2.46% over the last 24 hours. The drop has pushed the price to a key support level at the 200-week exponential moving average (EMA) of $1.37.

XRP Price

Analysts say a break below this level could signal a shift to a bearish long-term outlook. If selling continues, the next support sits at the 20-week EMA of $1.27.

The RSI currently reads 51, giving bulls a slight edge. However, the RSI line is trending downward, suggesting buying pressure may be weakening.

Part of the selling pressure comes from traders who bought XRP near $1.00 and sold after it climbed to $1.66. Those profit-taking moves are weighing on price in the short term.

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