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XRP tests strong $1.31 support as $2 target faces heavy resistance and ETF inflows boost demand.

Technical Signals
02 Sep 2026
Dailycoin
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Bullish
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After a 71.8% rise to $1.698, XRP has pulled back about 20% and is now holding a critical support zone between $1.31 and $1.38, where over 4.8 billion tokens were previously bought. This support band is key to whether XRP can resume its climb toward $2, a level blocked by significant resistance around $1.86. Institutional demand via U.S. spot XRP ETFs added roughly $105 million last week, providing dip-buying support, but price gains have yet to fully reflect this inflow. A confirmed hourly close above $1.38 would signal a bullish breakout, while falling below $1.31 could delay the $2 target.

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