TLDR
- XRP is trading around $1.49, up 2.15% over the past 24 hours.
- Spot XRP ETFs saw $13.24 million in net inflows on August 21, the third straight day of gains.
- Total XRP ETF holdings are close to $1.2 billion.
- Analysts say XRP remains in a consolidation range and needs a clear break above resistance to move higher.
- Some traders point to the $6 to $7 zone as a longer term target based on past cycles.
XRP is trading at $1.49 as of August 23, 2026. The price is up 2.15% over the last 24 hours.
Trading volume sits at $6.7 million. Market capitalization is $93.71 billion, according to CoinMarketCap.
The coin has been moving sideways for weeks. Traders are watching for a move above resistance before calling a new trend.
Analyst EGRAG CRYPTO says XRP is still stuck in a wider consolidation range. A close above the upper resistance zone would need to hold before a new expansion phase could begin.
Until that happens, the current trading range stays the main story for XRP. Sentiment alone has not been enough to push price out of it.
Some traders look back at past cycles for context. XRP has seen long stretches of consolidation after sharp drops, followed by extended rallies.
That pattern does not guarantee a repeat. But it is part of why some investors continue to hold rather than sell.
One reference point some traders use is the $6 to $7 range. XRP’s historical low was $0.98, so that zone would mark a large move from the bottom.
ETF Inflows Keep Climbing
Spot XRP ETFs added $13.24 million in net inflows on August 21. That marked the third straight day of positive flows, according to data shared by BankXRP.
Total holdings across these ETFs are now close to $1.2 billion. The steady inflows point to continued demand through regulated fund products rather than direct token purchases.
Consistent flows do not guarantee a price rally on their own. But they show that investors are choosing to hold positions instead of pulling money out during the current price range.
What Traders Are Watching
XRP’s move has come alongside a broader uptick in the crypto market. Bitcoin has also been climbing in recent sessions.
Traders say a break above resistance combined with continued ETF demand would matter most for XRP’s next move. Without that combination, XRP is likely to stay inside its current trading channel.
If ETF demand slows or resistance holds firm, the price is expected to remain range bound for now. Traders are watching daily ETF flow data alongside price action at resistance for the next signal.
