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XRP must break $3.66 resistance to confirm a bullish breakout targeting $60 amid strong ETF inflows.

Market News
05 Sep 2026
Blockonomi
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Bullish
XRP must break $3.66 resistance to confirm a bullish breakout targeting $60 amid strong ETF inflows.

XRP dropped to $1.41 following strong US employment data and heavy long liquidations, but remains active with high spot volume and ETF inflows exceeding $1.66 billion. Analyst Ali Martinez highlights $3.66 as a key monthly resistance level; a close above it would confirm an ascending triangle breakout with a long-term target near $60. Near-term resistance levels include $1.70 and $3.40, while support lies around $1.30. Growth in Ripple's ecosystem, including RLUSD supply and upcoming lending features, alongside regulatory developments, may support future demand and price gains.

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