XRP remained in a narrow $1.35–$1.37 range in mid-September, with repeated attempts to break the $1.40 resistance level failing. The digital asset has continued trading between roughly $1.30 and $1.40, leaving the market without a decisive directional move.

Technical indicators presented a mixed picture. The daily Relative Strength Index stood at approximately 51.7, below its signal average of 58.2. On the four-hour chart, the MACD line recently crossed above its signal line, although both remained in negative territory. The configuration indicates that selling momentum had not fully dissipated.

XRP had rallied sharply during August, rising from about $1.00 to above $1.50 and briefly reaching $1.70. Since those highs, however, it has repeatedly failed to reclaim the $1.45–$1.50 area and has formed progressively lower peaks in recent sessions.

$XRP WAVE 3 LOADING… Price is trapped between yellow support and orange resistance, A confirmed breakout will unlock the ballistic phase. Defend $1.33–$1.29 → projected road to $10.11 –$18.22. THIS MOVE WILL BE MASSIVE. @DefendDark pic.twitter.com/PXMXPaG0I0 — XRP Update (@XrpUdate) September 12, 2026

ETF Launch Timelines Shift to October

Roundhill Investments postponed the launch of its XRP Covered Call ETF until October 11, 2026. The product is designed to combine direct XRP exposure with a covered-call options strategy intended to generate regular income, targeting investors seeking yield rather than solely speculative price appreciation.

Cryptocurrency market observer Xaif Crypto noted that Roundhill’s revised timeline coincides with the target date for the Teucrium 2x Short Daily XRP ETF. “Wall Street isn’t just buying XRP anymore, they’re building whole strategies around it,” the analyst wrote.

SEC filing alert: Listed Funds Trust just delayed the effectiveness of the Teucrium 2x Short Daily XRP ETF to October 11, 2026. A 2x SHORT XRP ETF is literally in the pipeline. Institutions aren't just betting up on XRP they're building tools to bet against it too. Two-way… pic.twitter.com/QUu0Ic7sSY — 𝗕𝗮𝗻𝗸XRP (@BankXRP) September 12, 2026

Listed Funds Trust also postponed the effectiveness of the Teucrium 2x Short Daily XRP ETF to October 11. The leveraged product takes an inverse position and aims to produce gains when XRP records daily price declines, contrasting with Roundhill’s income-focused approach.

The postponements do not constitute regulatory denials. Both products remain under review and are proceeding through standard compliance procedures, with final documentation expected ahead of the October target window, according to the report.

The October 11 date is therefore the next clearly identified checkpoint for both products. Relevant developments would include whether the required documentation is completed and whether the products begin trading as scheduled; the two proposed funds would also provide different types of XRP market exposure, rather than representing the same investment structure.

XRP ETF Assets Reach $1.45 Billion

Data from SoSoValue showed no net capital inflows into XRP exchange-traded funds on September 11. The five currently listed XRP ETF products held a combined $1.45 billion in assets under management, equivalent to 1.70% of XRP’s total market capitalization. Bitwise had the largest share, with $499.49 million in managed assets.

JUST IN: $XRP ETFs saw a net inflow of $18.98 million this week. pic.twitter.com/nP5DmtiBxS — Whale Insider (@WhaleInsider) September 13, 2026

The weekly figure cited by Whale Insider differs from SoSoValue’s report for September 11, which recorded no net inflows for that day.

XRP Ledger Activity Declines

Activity data for the XRP Ledger showed a significant contraction in usage. Overall transaction volume fell 55.6% to 1.2 million operations, while confirmed successful transactions declined 59.5% to approximately 970,200. The number of distinct active addresses dropped 42.3% to 126,200 participants.

The network itself continued operating without reported technical problems. Ledger closing times remained around 3.84 seconds, indicating that the decline was concentrated in participant engagement rather than the blockchain’s processing performance.

Technical analysis cited in the report placed XRP’s critical support between $1.33 and $1.36. A sustained break below that range would expose the $1.28 level, followed by the $1.25–$1.28 moving-average convergence area. A recovery above $1.45 would represent a short-term momentum shift favoring buyers.

Source: https://blockonomi.com/xrp-faces-pressure-at-1-37-while-etf-launch-moves-to-october