XRP Price Prediction: XRP News Today and the Key Level to Watch Now

XRP price is holding near $1.44 today. Traders are watching one number closely: $1.65. A break above that level could open the door to a bigger move. But the token has to earn it first.

The altcoin gained 2.33% in the past day, based on recent trading data. This roundup of XRP news today covers the levels, ETF flows, and derivatives data driving that move.

What is XRP's price doing right now?

The token sits near $1.44 as of this writing. It bounced off a rough patch earlier in the week, when the price lost the $1.46 support level and dropped toward $1.38.

That drop pushed the 4-hour RSI down from overbought territory above 80 to a more neutral 50. In plain terms, it is no longer stretched too far in one direction. That gives the token room to move either way.

What is whale activity showing for XRP right now?

Large holders, often called whales, have been shifting their positions on some exchanges lately. That kind of movement can hint at where big money expects the price to go next.

But not everyone is convinced yet. Smart money overall remains cautious, based on wallet tracking and exchange flow data. Big holders appear to be waiting for a clearer signal before committing to a bigger position, rather than chasing the bounce.

This split matters for anyone watching the altcoin closely. Whale accumulation on select exchanges shows some appetite for risk. Meanwhile, the broader caution suggests conviction is not yet fully there.

Why are spot XRP ETFs important right now?

Spot XRP ETFs just logged their seventh straight day of net inflows. On August 26 alone, funds added $28.14 million, according to SoSoValue data.

Seven days in a row is nothing. It points to steady demand from institutions, even while everyday retail traders stay hesitant to jump back in.

This gap between institutional buying and retail caution is worth watching. When retail sentiment eventually catches up, it can add fuel to a move that's already underway.

What do futures and open interest show?

Derivatives activity backs up the idea that big players are active right now. This is one of the most-watched parts of any XRP news cycle, since leverage swings often move price faster than spot trading alone.

The overall long/short ratio sits just under 1, which is close to neutral. But individual exchanges tell a different story. Binance and OKX traders are leaning bullish, with more than twice as many longs as shorts on those platforms.

That mismatch matters. It suggests that while some traders are hedging or shorting elsewhere, big exchange users are positioning for upside.

How much has been liquidated in XRP trades?

Liquidations hit $16.83 million over the past 24 hours. Of that, $11.45 million came from long positions getting wiped out, and $5.38 million from shorts.

More longs than shorts got liquidated. That tells us leveraged buyers got caught off guard by the recent dip below $1.46. It's a normal part of volatile markets, but it also flushes out weak hands, which can set the stage for a cleaner move afterward.

What are the key support and resistance levels for XRP?

Here's where things stand on the charts right now.

The setup is fairly straightforward. If the token holds the $1.34 to $1.36 zone, that's a sign buyers still have control. A reclaim of $1.46 would be the first real confirmation. And a clean break above $1.70 would strengthen the bullish case in a big way.

On the flip side, losing $1.35 would likely delay any rebound and send price hunting for support closer to $1.29 or $1.30.

None of this is confirmed yet. The chart is not showing a guaranteed run to $2.60. It's showing a setup that depends on whether buyers step in at key levels.

What would a $500 billion XRP market cap mean for price?

Some analysts have run the numbers on what a $500 billion market cap would mean per token, factoring in escrow releases.

The circulating supply currently sits around 62.74 billion tokens. Ripple has been releasing roughly 268 million tokens per month from escrow. If that pace continues through June 2029, it could add about 9.1 billion tokens to circulation, pushing supply to roughly 71.9 billion.

Using today's supply, a $500 billion market cap would put the token near $7.97. Using the projected 2029 supply, that number drops to about $6.96.

A supply-adjusted range of $6.85 to $7.20 is one estimate floating around for what a $500 billion valuation might look like a few years out.

It's worth remembering that not every unlocked token enters circulation right away. Ripple can and does re-escrow large portions, so the actual supply increase may end up smaller than a straight-line projection suggests.

What is the outlook for XRP price?

Right now, the XRP sit at a decision point. It lost a key support level, cooled off from overbought conditions, and is testing whether buyers will step back in near $1.35.

A hold and reclaim of $1.46 would be an encouraging sign. A break above $1.65 to $1.70 would be the bigger signal traders are waiting for. Until then, this remains a wait-and-see setup, with elevated volatility on both sides.

Steady ETF inflows and bullish positioning on major exchanges offer some support for the bulls. But the long/short ratio near neutral and recent long liquidations show the market isn't fully convinced yet either. 

Check back for the next update on XRP news today as the $1.35 to $1.46 range plays out.

Disclaimer

This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and prices can change rapidly. Past performance does not guarantee future results. Always conduct your own research and consult a licensed financial advisor before making any investment decisions. The author and publisher are not responsible for any losses incurred from actions taken based on this content.