- ETF inflows reached $18.47 million, while XRP faced selling pressure after slipping from $1.42 toward the $1.36 support zone.
- Bitwise led daily ETF inflows with $12.16 million, while Franklin added $6.31 million during the latest reported session.
- XRP remains caught between $1.40 resistance and $1.36 support after a sharp intraday reversal and subsequent consolidation.
XRP price faces renewed pressure as ETF inflows strengthen, while the latest chart shows resistance near $1.40 and support around $1.36 after reversal.
ETF Inflows Strengthen During Late-August Trading
U.S. spot XRP ETFs recorded $18.47 million in net inflows on August 27. Bitwise’s fund accounted for $12.16 million of that daily total. Franklin’s fund contributed another $6.31 million during the same session.
Bitwise represented roughly two-thirds of the reported daily inflows. Its historical net inflow reached approximately $587 million after the latest addition. Franklin’s cumulative inflow reached approximately $460 million during the period.
Combined historical ETF inflows reached approximately $1.637 billion by August 27. Total net assets stood near $1.489 billion across the listed products. The reported XRP net asset ratio stood at approximately 1.63%.
However, strong ETF demand has not prevented recent market weakness. The latest chart shows selling pressure following an early recovery attempt. That divergence leaves ETF flows and short-term trading action moving differently.
Price Reverses From the $1.42 Area
The chart begins with XRP trading around the $1.42 level. Several early rebounds pushed above that area for brief periods. Those moves failed as sellers repeatedly returned around higher levels.
Selling accelerated after the price lost the $1.40 region. The decline eventually pushed toward approximately $1.36 during midday trading. That move created the session’s clearest bearish phase on the chart.
The displayed data places the current price at $1.38. XRP has shown down approximately 2.9% over the previous 24 hours. Its market capitalization stands near $86.79 billion in the displayed data.
Trading volume reached approximately $3.17 billion over the previous 24 hours. However, volume was down about 16.5% from the previous period. The volume-to-market-cap ratio stood near 3.66% on the chart.
$1.40 Resistance Meets $1.36 Support
After reaching the session low, XRP recovered toward the $1.38 region. The rebound then settled into a narrower range during later trading. Price largely moved between approximately $1.37 and $1.39 afterward.
The $1.40 area now represents nearby resistance following the breakdown. A recovery above that level could reopen the path toward $1.42. That upper zone previously contained several failed attempts to advance.
Meanwhile, the $1.36 area remains the clearest visible support. The midday decline reached that region before buyers produced a recovery. A renewed test could determine whether the consolidation remains intact.
The ETF data provides another measure of market demand. Strong inflows show capital continuing to enter regulated XRP investment products. Yet the chart shows that demand has not stopped short-term selling pressure.
