XRP price is being squeezed near $1.60, what happens next?

XRP trades near $1.54 after a 16% weekly rally as ETF inflows, whale buying and stronger momentum put the $1.60 resistance zone in focus.

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XRP has risen 15.92% over the past week to $1.54, putting the token back against the 1.55–1.60 resistance zone as ETF demand and whale accumulation remain active.

Summary

• XRP has gained 15.92% weekly while buyers continue testing resistance between $1.55 and $1.60.
• U.S. spot XRP ETFs added $14.89 million, lifting cumulative net inflows to $1.76 billion overall.
• Large XRP holders accumulated 1.54 billion tokens during 96 hours, according to Santiment data recently.
• RSI stands at 62.77, favoring buyers without entering conventional overbought territory above 70 yet.
• EGRAG says reclaiming $1.55 could strengthen momentum, while failure keeps 1.40–1.41 support in focus nearby.

CoinGecko shows XRP trading near $1.54 after moving between roughly $1.45 and $1.55 during the past 24 hours. The rebound follows a volatile week that saw XRP reach $1.65 on September 23 before sellers pushed it back toward $1.48.

The recovery has restored positive momentum without producing a confirmed breakout. XRP’s 14-day Relative Strength Index stands at 62.77, above its signal average near 56.24 but below the conventional overbought threshold of 70. The Aroon Oscillator sits at +50, showing that recent highs are occurring more recently than recent lows.

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Can XRP price finally break through $1.60?

The 1.55–1.60 region remains the immediate test because XRP has repeatedly struggled to hold above it. On September 23, the token reached $1.6581 before retreating toward $1.51, according to recent XRP price analysis from crypto.news. A sustained move through $1.60 would put the recent 1.65–1.66 high back in play.

EGRAG Crypto sees the current hesitation as a compression phase. The analyst wrote that XRP’s 21-day, 50-day and 100-day exponential moving averages are converging with a macro trendline near price. He described XRP as being “squeezed,” though his much higher long-term targets of $12, $15 and $27 remain speculative and require moves far beyond current resistance.

His shorter-term setup places more weight on $1.55. A strong recovery through that level after a retest of 1.40–1.41 would support his bullish continuation scenario. If XRP cannot reclaim $1.55, EGRAG sees the middle of a falling channel near $1.22 becoming more relevant.

Current momentum data lean toward buyers. RSI at 65 remains comfortably above 50, while the +50 Aroon Oscillator supports the recent upward trend without showing extreme dominance.

The next confirmation would need to come from price. Crypto.news previously identified the $1.60 barrier after XRP’s September 23 rejection, with roughly $1.70 representing the next visible resistance area if buyers establish support above $1.60.

Whales bought the dip while XRP recovered

Large-holder accumulation has accompanied the rebound. Santiment data shared by analyst Ali Martinez showed wallets in the tracked whale cohort accumulating roughly 1.54 billion XRP within 96 hours, worth approximately $2.2 billion at prices during the accumulation period.

The tracked holdings increased from roughly 8.27 billion XRP to 9.81 billion XRP. The buying began while XRP traded near $1.40 following the market reaction to the failed CLARITY Act vote.

Wallet data cannot identify every beneficial owner because exchanges, custodians and institutions may control multiple addresses. The 1.54 billion XRP figure therefore measures balances within the monitored wallet cohort, not confirmed purchases by a known group of individual investors.

Price nevertheless strengthened after the accumulation period. XRP moved from roughly $1.41 on September 20 to $1.53 the following day before eventually testing above $1.65, historical market data show.

EGRAG’s RSI roadmap gives another way to measure whether momentum can continue. He wants RSI to cross its moving average above 53, retest that region and hold it before targeting stronger momentum readings toward 80.

His downside alternative places 47 as the next momentum level if RSI fails to hold above 53. The current RSI reading of 62.77 already sits above that gateway, but maintaining it through another price test would be required for his “preferred bullish roadmap” to remain intact.

XRP ETF demand keeps building below resistance

U.S. spot XRP ETFs have continued attracting new money while XRP trades below $1.60. SoSoValue data reported for September 24 showed $14.89 million in daily net inflows, taking cumulative net inflows to approximately $1.76 billion. Bitwise led the session with $9.91 million, while Franklin Templeton added $4.98 million.

The previous session brought another $18.04 million. Bitwise received $11.54 million on September 23 and Franklin’s XRPZ drew $6.50 million, pushing cumulative inflows at that point to approximately $1.748 billion.

Fund demand has not removed XRP’s price volatility. September 23 offers the clearest example: XRP ETFs absorbed fresh capital while spot XRP fell sharply after failing to sustain its move above $1.60.

As crypto.news reported when Bitwise’s XRP ETF passed $500 million, regulated fund demand has continued through multiple XRP corrections. Seven U.S. spot XRP funds had already attracted roughly $1.57 billion by late August.

Institutional exposure is extending beyond dedicated XRP products. A September 9 SEC filing for the T. Rowe Price Active Crypto ETF showed XRP carrying a 9.15% weight in the fund’s benchmark as of August 31. Bitcoin represented 39.54%, Ethereum 18.86% and BNB 9.29%.

The filing lists XRP among the fund’s eligible assets. T. Rowe Price had already launched the actively managed crypto product earlier in 2026, so the filing represents an updated allocation disclosure, not a pending request for permission to begin holding XRP.

The Cyber Hornet S&P 500 and XRP 75/25 Strategy ETF is likewise already operating. Its SEC prospectus states that the product targets approximately 75% exposure to S&P 500 stocks and 25% to XRP through direct holdings, futures and XRP-linked exchange-traded products. The fund commenced operations on January 30, 2026.

Ripple’s institutional push continues behind XRP’s rally

Ripple has continued building institutional connections separately from XRP’s short-term trading setup. At the Middle East Stablecoin Forum in Dubai on September 17, Ripple Middle East and Africa Managing Director Reece Merrick joined representatives from BlackRock, HSBC, Mashreq and other financial firms for a discussion covering stablecoins, tokenized deposits and tokenized money-market funds.

MESA’s published event material listed BlackRock Managing Director Tony Ashraf, HSBC executive Finali Fernando and Merrick on the same “Digital Money and Tokenised Assets 2030” panel. The event documentation establishes their participation but does not show that BlackRock or HSBC entered a new commercial partnership with Ripple.

RLUSD formed part of Ripple’s discussion of institutional settlement. Merrick described stablecoins as an always-on layer for moving value between institutions and said Ripple built RLUSD “not to replace bank money, but to let it travel.” His statement describes Ripple’s intended use case, not evidence that banks represented at the conference have adopted RLUSD.

Ripple’s stablecoin had already crossed $2.3 billion in market capitalization earlier in September. Crypto.news reported that RLUSD reached $2.32 billion while XRP remained far below its 2025 cycle high, showing that growth in Ripple’s stablecoin business has not consistently translated into matching XRP price performance.

In the UAE, Ripple holds a separate regulatory foundation for its institutional products. The Dubai Financial Services Authority approved RLUSD as a recognized crypto token in June 2025, allowing DFSA-licensed firms inside the Dubai International Financial Centre to use it for permitted virtual-asset services. Ripple had received its own DFSA license for regulated blockchain payment services three months earlier.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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