XRP Has Held $1.40 for Three Days – Now Comes the Hard Part
XRP remains near a key retracement level after failing below $1.70, with a move above $1.4575 needed to show that the recent pullback is losing momentum.
Key Takeaways
- XRP has held the $1.40 area.
- $1.4575 is the first recovery level.
- Reported XRP fund flows remain positive.
- The latest reported pace has slowed.
- U.S. inflation data could move crypto.
XRP has avoided a breakdown, but remains below resistance
TradingView’s XRP/USD daily chart on Coinbase showed XRP at $1.41 at the time of writing, close to the 0.236 Fibonacci retracement near $1.40.
That area has held since September 4 after XRP fell back from the August 22-23 move toward $1.70. Sellers have not forced a decisive break below it, but the descending trend line from the August high remains intact. The immediate task is therefore not simply to hold the current range, but to reclaim resistance above it.
The first level to watch is $1.457, the 0.382 Fibonacci retracement. A sustained daily close above it would challenge the descending trend line and place $1.50 and then $1.55 on the chart. Until that happens, XRP’s move can be considered as consolidation beneath resistance rather than reversing its pullback.
Reported fund flows are positive, though the pace has eased
Data from SoSoValue showed positive XRP fund-flow readings in each of the eight reported weekly periods from July 17 to September 4. Those figures totalled roughly $202.3 million, with the $110.49 million recorded for the week dated August 28 accounting for more than half of the total.
The September 4 figure was $18.96 million. It covered four reported daily sessions, while the final session’s data had not yet posted, so it should not be treated as a completed weekly result. The comparison is still useful: the latest reported pace was materially lower than the preceding week’s record inflow.
Fund flows can improve the market backdrop, but they do not show who bought spot XRP or whether those purchases are defending a specific chart level. They become more meaningful for the price setup only if XRP also clears $1.4575. A confirmed reversal to outflows, meanwhile, would remove one supportive element from the current picture.
Traders will also be watching whether XRP can find enough liquidity during the next major regional sessions to turn that supportive backdrop into a sustained test of $1.457. Asian trading is one potential source of early support because XRP has established market infrastructure in the region. CF Benchmarks publishes a CME CF XRP-Dollar Reference Rate Asia Pacific Variant, while Glassnode tracks XRP price changes during Asia working hours through a dedicated regional measure.
Recent data also shows that XRP Ledger activity has become concentrated in the London – New York overlap. That three-hour period accounted for about 23% of XRP moving onchain, according to ledger data analysed by Evernorth and reported by CoinDesk. The data cannot identify the participants or establish whether the transactions were net buying, but it shows that a move beginning in Asia would still need follow-through as liquidity shifts into the later global sessions.
Asian-hours activity could support the setup, but not decide it
Asia-Pacific market activity does not establish that Asian hours consistently bring heavy buying or push XRP higher. A stronger move during that session could help XRP test $1.4575, but it would matter only if the price holds into the London–New York overlap and later trading. A short-lived session rally would leave the daily structure unchanged.
Inflation data is the next major market-wide event
Short-term trading can shape liquidity, but the larger risk for XRP this week could be a macro repricing across crypto markets. The Bureau of Labor Statistics is scheduled to release August producer-price data on September 10 and consumer-price data on September 11.
A hotter-than-expected reading could push market-implied rate expectations and Treasury yields higher, conditions that can weigh on speculative assets. Softer data could ease that pressure. The recent crypto sell-off after a stronger-than-expected U.S. jobs report showed how quickly a macro surprise can affect Bitcoin and other major tokens.
The Federal Reserve’s September 15-16 meeting will follow with updated economic projections. If XRP remains below $1.457 into that event, a sharp shift in rate expectations could determine whether the current range resolves higher or lower.
What matters next
XRP has avoided a decisive breakdown for now, but its structure will not improve materially unless it reclaims $1.457. Until then, the $1.40 area remains a floor under test rather than evidence of a renewed uptrend.
This article is for informational purposes and does not constitute financial or investment advice.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
