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XRP 4-hour chart showing price at 1.3997 pulling back below the 1.4295 moving average after an August rally

XRP Price Forecast: 1.3997 Slips Below the 1.4295 Average

By Saqib Iqbal2 min read
  • XRP trades at 1.3997, down 0.0070 (-0.50%) and now beneath the fast moving average for the first time since the rally began.
  • Cumulative US spot ETF inflows reached $1.57bn through 24 August, with August alone more than doubling July's total.
  • The 1.3630 average is what separates a pullback from a failed breakout.

Fundamental Analysis: XRP

Institutional flow has been the defining story. Cumulative inflows across the seven US spot XRP funds reached $1.57bn through 24 August, and August alone contributed $56.86m against July's $27.29m — a doubling in monthly pace. Daily traded volume set a record above $125m on 20 August, some 42% above the prior peak, and combined assets under management now sit near $994m. Those flows arrived while the token was still trading close to $1.05, which is to say buyers accumulated into weakness rather than chasing the move.

The counterweight is that flow of this size is small relative to the price response it accompanied. A rally of roughly 40% off the August base cannot be attributed to $57m of monthly ETF demand alone; leverage and spot momentum did most of that work, and both unwind faster than allocations do. On-chain accumulation by mid-sized whale addresses supports the constructive case, but it does not change the arithmetic.

The balance is a market where the structural bid is real but slower than the price move it is being credited for. That mismatch is exactly the condition in which a sharp rally gives back a third of itself without the underlying thesis changing — which is what the chart is now testing.

Technical Analysis: XRP

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The move began from a flat base near 1.00 that held from 9 to 19 August, followed by a near-vertical advance to a 1.6950 spike high on 22 August. Price then settled into a 1.45-1.55 range for four sessions before losing it. The 4-hour chart now shows spot at 1.3997 beneath the fastest average at 1.4295, with the remaining averages still rising steeply at 1.3630, 1.2620 and 1.1833 — a stack that is intact but has left a wide gap beneath price.

Resistance is 1.4295, then the 1.5000 handle at the base of the broken range. Support is 1.3630, then the 1.3000 round number. The level that invalidates the uptrend is 1.2620: while that average holds, this remains a correction within a strong advance rather than a reversal of it.

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