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Reading: XRP trades at $1.41 as spot ETFs see $18.47 million daily inflow
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COINTURK NEWS > Ripple (XRP) > XRP trades at $1.41 as spot ETFs see $18.47 million daily inflow
Ripple (XRP)

XRP trades at $1.41 as spot ETFs see $18.47 million daily inflow

In Brief

  • 🚀 XRP holds at $1.41 as U.S. spot ETFs attract $18.47 million in daily inflows.

  • 💸 Three straight days of positive ETF inflows pushed total net assets to $1.49 billion.

  • 📈 Key breakout level set at $1.65 weekly close for further gains in $XRP.

  • 📊 XRP's price remains above major EMAs, highlighting persistent bullish support.
Onur Atam
Onur Atam 1 day ago
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XRP maintained its position in the spotlight on Friday, August 28, 2026, as its price development, continued analyst attention, and robust U.S. spot exchange-traded fund (ETF) inflows converged to shape market sentiment.

Contents
XRP price trends and market performanceKey technical zones and analyst outlookETF inflows support price resilience

XRP price trends and market performance

At the time of reporting, XRP stood at $1.41, reflecting a daily loss of 0.93%. Trading volume over the previous 24 hours reached $3.43 billion, while its overall market capitalization totaled $88.66 billion. Data from CoinMarketCap showed that XRP’s value increased 2.65% across the past week, highlighting a period of moderate gains amid shifting risk appetite.

XRP, developed by Ripple Labs, facilitates fast cross-border payments and settlement solutions for financial institutions. Its price performance is often watched closely by both retail investors and market analysts for indications of broader market trends.

Key technical zones and analyst outlook

Egrag Crypto, a widely followed market analyst, outlined that the $1.15–$1.20 range constitutes a crucial structural retest level in the short-term price outlook. He explained that this zone combines horizontal support with the lower boundary of his market structure tracker, making it a likely area for buyers to defend during any price correction.

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Egrag Crypto projected a price pathway beginning near $1.40 with a potential dip to the $1.15–$1.20 range before attempting a recovery. According to the analysis, this would lead to a subsequent test toward the $1.63–$1.65 resistance.

He further indicated that a weekly close with the full candle body above $1.65 would alter the prevailing market structure, opening the door for reassessment at higher targets, with $1.80 named as the next significant checkpoint for XRP bulls.

Technical indicators supported a generally positive trend. The 20-day Exponential Moving Average (EMA) stood at $1.27480, while the 50-day EMA was at $1.18408. Both averages were below the spot price at $1.41.

Meanwhile, the 100-day EMA was recorded at $1.20007 and the 200-day EMA at $1.35006. As XRP traded above all four EMAs, the 200-day average represented the nearest dynamic support zone to the current price.

The Moving Average Convergence Divergence (MACD) delivered mixed signals. The MACD line was registered at 0.10732, above the signal line at 0.07824. Though the MACD histogram remained positive at 0.02908, the histogram bars showed signs of narrowing, hinting at waning bullish momentum.

Mini dictionary: Exponential Moving Average (EMA): A technical indicator that smooths price data to highlight trends by giving greater weight to more recent prices, thus responding more quickly to new price changes compared to the simple moving average.

ETF inflows support price resilience

Institutional interest in XRP appeared strong, with SoSoValue reporting $18.47 million in daily net inflows to U.S. spot XRP ETFs on August 27. The same day, total cumulative net inflows for these products stood at $1.64 billion, while total net assets were $1.49 billion.

Traded value for XRP ETFs reached $85.90 million as the asset closed near $1.46. ETF net asset value increased from $1.40 billion on August 26 to $1.49 billion by the end of August 27, reflecting three consecutive sessions of positive net inflows. Inflows recorded on August 26 and 25 were $28.14 million and $23.87 million, respectively.

DateETF Net InflowETF Net AssetsXRP Closing Price
August 25$23.87 million——
August 26$28.14 million$1.40 billion—
August 27$18.47 million$1.49 billion$1.46

Analysts emphasized that these consistent inflows may strengthen market confidence and provide support for future price action. However, Egrag Crypto underscored that a full weekly close above $1.65 remains necessary to validate any meaningful bullish breakout.

A decisive move above $1.65 on a weekly close is required before new upside targets such as $1.80 can attract increased attention from traders and institutions.

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Onur Atam 28 August, 2026 - 7:57 pm 28 August, 2026 - 7:57 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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