XRP just posted its strongest weekly ETF inflow of 2026, about $110 million, yet the price is headed lower. By August 31, XRP was trading near $1.36, down roughly 7% from its recent highs after failing to break through resistance between $1.45 and $1.55. The answer lies in what’s happening under the hood with derivatives positioning.

XRP candles opened at $1.39 and closed at $1.37 over 48 hours, down about 1.5%. Support sits at $1.35, resistance at $1.41. The last price is pressing just above support, after failing to hold the highs.

That stalling action is what you’d expect when ETF demand runs straight into crowded longs. As open interest shrinks, leveraged traders are forced to unwind, creating selling pressure without a fresh wave of bearish bets. For XRP, those ETF inflows have not been enough to keep price above the $1.45 to $1.55 resistance zone. With XRP trading around $1.36, traders are now watching whether it can recover into the $1.41 to $1.45 zone.