U.S. spot XRP ETFs drew fresh demand during the week of August 24, with on-chain analyst Ali Charts reporting approximately $105 million in purchases. The inflows arrived shortly after XRP's mid-August breakout toward $1.56, while analyst Crypto Patel noted that the token faced rejection near the $1.55 level. The subsequent pullback has left XRP trading below short-term resistance.

ETF Demand Rises as XRP Pulls Back

According to Ali Charts, U.S. spot XRP ETFs recorded net inflows of roughly $73.2 million during the week of August 24, a flow he characterized as increased demand for XRP. The ETF activity followed a sharp climb that began near $1.00 around August 15.

The products tracking XRP in the U.S. are a relatively recent development: spot XRP ETFs began trading in 2025 after the SEC ended its long-running securities lawsuit against Ripple, opening the door for regulated fund issuers to list the token. That regulatory shift has made ETF flow data a closely watched gauge of institutional interest in XRP, analogous to how spot Bitcoin and Ethereum ETF flows are tracked.

That rally carried the price toward $1.56 and was accompanied by a major jump in trading volume. XRP later retreated to roughly $1.388, with trading volume now standing near 2.04 billion, according to the chart data.

Resistance Holds Near $1.55

Crypto Patel reported that XRP rejected the $1.55 resistance zone after briefly trading above it. The move first produced a liquidity wick above resistance, which was followed by heavy selling. That selling pressure drove XRP almost 20% lower from its recent high.

Patel stated that XRP has not confirmed a bullish trend until the price breaks higher and gains weekly acceptance above the current high. In the meantime, the price sits below the 50-day moving average near $1.42, placing the $1.42-$1.44 area as immediate resistance.

XRP Holds Long-Term Support

The chart places XRP's 200-day moving average near $1.17, with the indicator turning upward. Despite the recent pullback, XRP remains above that level. If price reclaims $1.42-$1.44, the next levels sit around $1.50-$1.56.

If resistance continues to hold, the chart identifies support around $1.28-$1.17. Crypto Patel also flagged $0.90-$0.70 as a possible downside and accumulation zone should the recent high remain intact. Separately, he said $10 remains possible over the long term.

Beyond price action, XRP's holder count has climbed toward 8.09 million, up from about 7.6 million earlier. Ripple also featured in Patel's discussion of its regulatory history and future direction. With the ETF channel now established, sustained inflow reports and any follow-through above the $1.55-$1.56 zone are among the data points traders are watching to judge whether the recent demand persists.

Source: Ali Charts on X