XRP continues to hold its ground near the $1.50 mark following another turbulent September trading session, with market participants remaining committed to defending the upward momentum that first took hold from August's bottom. The most recent daily candlestick formation opened around $1.496 and climbed to approximately $1.508, and XRP maintained stability near $1.503, reflecting a modest 0.4% daily gain.

The broader price framework demonstrates notably improved strength compared with the earlier summer months. XRP established its floor close to $1.00 in August before initiating an upward trajectory characterized by a sequence of consecutive higher lows. That recovery phase lifted price action beyond $1.40 and into a resistance zone that has repeatedly limited upward momentum throughout the year, and the token continues to respect the ascending trend line that has underpinned the move since the August low.

XRP Bulls Face $1.60 Resistance

The primary obstacle visible on daily timeframes resides in the $1.58–$1.65 range. XRP has already challenged this region multiple times throughout September, including a temporary advance above $1.60. Present price action near $1.50 positions the token beneath that resistance threshold while it holds its ascending trend line. A confirmed daily close beyond $1.60 would clear the path toward the $1.65–$1.70 region.

On downside, the trend line provides the first line of support, and holding it is what preserves the sequence of higher lows that has defined the recovery since August. Further below, the wider $1.20–$1.25 area represents the critical support foundation for the broader structure.

Momentum indicators have moderated but remain constructive. The daily RSI registers at 57.14, positioned above the neutral 50 threshold yet comfortably below overbought conditions. MACD readings also stay positive, with the MACD line hovering near 0.0509 against a signal line around 0.0489 and the histogram displaying a slight positive value at 0.0020.

Cryptocurrency analyst Crypto Rover highlighted the identical resistance area in a recent social media update. He indicated that once XRP breaks through these levels, it will "soar," connecting his forecast directly to the $1.58–$1.65 ceiling that market participants are monitoring. He wrote:

Once $XRP clears these resistance levels… IT WILL SOAR! pic.twitter.com/cXEhWmAPHr
— Crypto Rover (@cryptorover) September 28, 2026

XRP ETF Inflows Remain Positive

Institutional appetite for XRP exposure through U.S. spot ETFs continues to demonstrate strength. The investment vehicles absorbed approximately $75.59 million throughout the Sept. 21–25 trading week, according to SoSoValue analytics. Because these funds offer regulated, exchange-listed exposure to XRP without requiring investors to hold the token directly, their weekly flow tallies serve as a widely followed barometer of institutional allocation.

Bitwise dominated the weekly tally with roughly $58.99 million in contributions, while Franklin Templeton contributed approximately $16.60 million. Aggregate XRP ETF inflows climbed to nearly $1.79 billion, and combined net assets stood near $1.77 billion at the conclusion of that week.

The latest daily flow metrics indicated an additional $3.96 million inflow, driven primarily by Canary's XRPC fund. Based on the most current data, net assets across the XRP ETF landscape settled near $1.68 billion.

The same daily purchase was flagged on social media:

JUST IN: Canary ETF clients buy $3.96 million worth of $XRP . pic.twitter.com/IpSBz5lXi1
— Whale Insider (@WhaleInsider) September 29, 2026

XRP Ledger Batch Upgrade Pushed to October

Alongside the market and fund-flow developments, the XRP Ledger faces an approaching technical milestone. The network's BatchV1_1 enhancement — designed to bundle up to eight interconnected transactions so that they settle or fail simultaneously — has been postponed to at least Oct. 9 following a temporary reset in validator approval. With the timeline tied to that reset, progress on validator approval is the near-term item to watch ahead of the Oct. 9 target.

Ripple has indicated that institutional asset managers and enterprise-level initiatives are positioning themselves to leverage the Batch functionality once it is activated, particularly for delivery-versus-payment settlement processes.

This article was first published on Blockonomi.