XRP was trading around $1.3665 on September 1, 2026, down 0.96%, as traders watched whether buyers can defend the critical $1.35–$1.38 demand zone.
According to the technical setup, XRP has formed a descending triangle since its August rally from roughly $1.00 to $1.70. Analyst Ali Charts highlighted that about 3.2 billion XRP were previously traded in the $1.35–$1.38 range, making it one of the most significant support areas on the chart.
The September outlook targets $1.68 if XRP can close above $1.55 and break the triangle. Conversely, a close below $1.35 could open the door toward $1.20.
Meanwhile, US spot XRP ETFs recorded $110.49 million in weekly inflows, lifting cumulative inflows to about $1.79 billion. Ripple also unlocked 1 billion XRP on September 1, though the release does not necessarily mean those tokens were sold.