XRP, the native token of Ripple, is showing a bullish setup on two fronts: a cleared resistance level on the one-day charts and surging exchange-traded fund (ETF) inflows. According to technical chart analyst Ali Martinez, the $105 million added by ETFs on Friday has supported XRP's price, helping maintain a key support zone around $1.35.

Support Holds Strong as Fresh Targets Emerge

Martinez's latest analysis identifies a support cluster between $1.35 and $1.47, which could eventually lead to a reclaim of $1.60 for XRP's price. In the near term, Ali sets a bullish target at $1.70, provided the support level holds. Further upside could see the $2.19 level cleared if XRP's price manages to tap the $1.86 line.

BREAKOUT CONFIRMED! ripple:native has cleared resistance. Next target: $1.70. pic.twitter.com/Wm5O5STchs — Ali Charts (@alicharts) August 30, 2026

The bullish outlook is largely grounded in rising ETF flows. Last week saw $105 million flow into XRP-based ETF products in the United States, the strongest week since December 5, 2025.

XRP ETFs Record Strongest Week of 2026

Spot XRP ETF products from Bitwise, Franklin Templeton, and Canary posted strong figures, while one newcomer drew particular attention. 21Shares' TOXR product has just reached $150 million in assets under management, underscoring accelerating institutional interest in the major-cap token. Although XRP's weekly ETF flows have remained consistently positive, a cumulative weekly inflow above the $100 million mark is rare and immediately constitutes a yearly high. The open question is whether Wall Street's appetite can sustain this pace.

The growth in XRP ETF products builds on the broader wave of crypto ETF adoption in the United States that began with spot Bitcoin ETFs in January 2024, a structure that has since become a primary vehicle for institutional exposure to digital assets. For XRP specifically, the regulatory environment shifted materially after a federal judge's 2023 ruling in the SEC's case against Ripple, which found that XRP sales on public exchanges did not constitute securities transactions, clearing a key obstacle for fund issuers.

Looking at demand levels, the $1.35–$1.38 zone is particularly significant because large investors, known as crypto whales, accumulated a substantial 3.2 billion tokens in that range. According to the UTXO Realized Price Distribution, the next key demand zone of similar magnitude lies at $1.86, where whales show the largest trading activity. How price behaves at these accumulation zones, together with the durability of ETF inflows, will shape whether the technical targets outlined by Martinez remain within reach.