XRP rises 4% as ETF inflows and triangle breakout target $1.35

Ripple’s native token pushed back toward $1.13 on Tuesday as buyers defended the $1.08-$1.10 area and tried to turn a short-term recovery into a breakout. 

At press time, crypto.news market data showed XRP near $1.13, up about 4.1% over 24 hours.

The rebound has improved short-term momentum, but the larger structure remains weaker. The token still trades inside a descending channel that has limited rallies, leaving the market with two different signals: a possible near-term breakout and a broader trend that has not yet turned bullish.

XRP tests $1.13 as traders watch $1.35

Crypto analyst Ali Martinez said XRP’s monthly chart had produced a TD Sequential buy signal, while the hourly chart showed price compressing inside a symmetrical triangle. He said a sustained move above $1.13 could open a roughly 20% rally toward $1.35. The setup gained attention as the token climbed from the lower end of its recent range.

However, $1.13 is only the first test. A recent crypto.news analysis placed resistance near $1.17, followed by about $1.27 and $1.37 if buyers continue to gain control. The supplied daily chart also shows XRP above the middle Bollinger Band near $1.11 but below the upper band around $1.16. A close above $1.16 would strengthen the recovery, while a drop below $1.11 would weaken momentum.

The Balance of Power indicator near 0.86 points to strong buying pressure on the latest candle. Still, one strong reading does not confirm a trend reversal. XRP has produced several relief rallies during its wider decline, so buyers still need to hold reclaimed levels and build volume above resistance.

ETF inflows support the rebound

U.S.-listed spot XRP ETFs recorded $2.49 million in net inflows on July 20, according to SoSoValue data. Bitwise’s fund was the only product to record net buying for the session, lifting its cumulative inflows to about $501 million. Total XRP ETF assets stood near $1.017 billion, while cumulative net inflows remained around $1.489 billion.

That demand continues a pattern seen through much of 2026. XRP ETFs have absorbed close to one billion tokens while exchange reserves have fallen to multi-year lows. Yet the tighter available supply has not produced a sustained rally. XRP has remained far below its July 2025 peak despite steady ETF demand.

U.S. spot XRP ETFs attracted $6.78 million last week while the listed products held about 971 million XRP. That steady demand provides support, but price still needs a clear technical break before traders can treat the current move as more than another rebound inside a larger decline.

Analysts split over the larger trend

The latest bounce has produced sharply different long-term forecasts. EGRAG CRYPTO said XRP may be forming a third macro bottom around the $0.90-$1.00 area, supported by long-term exponential moving averages. His roadmap places $1.23 as an initial reclaim level and $1.56 as a stronger confirmation before much higher long-term targets.

Those projections remain speculative. EGRAG said the third bottom has not yet been fully confirmed, while his targets of $9, $15 and $31 rely on Fibonacci extensions and a future macro breakout. 

Chart analyst ChartNerd has taken a more cautious view, arguing that XRP remains in a long-term downtrend after a bearish 20-week and 50-week EMA crossover formed earlier in 2026.

ChartNerd said rallies toward roughly $1.29 or even $1.60 could still face heavy resistance unless XRP breaks above its larger descending structure. The broader technical picture also remains cautious, with recent analysis placing XRP beneath descending resistance despite improving short-term price action.

A move toward $1.35 would confirm the short-term triangle breakout described by Martinez, but XRP would still need to reclaim higher weekly resistance before the larger trend changes. The divide between improving momentum and continued long-term weakness remains central to the current setup.

XRP bulls need to clear $1.16

The clearest short-term levels sit close to the current price. The $1.11 area, which aligns with the middle Bollinger Band, acts as the first support. The $1.16 area marks the upper band and a nearby resistance zone. A sustained move through that level would strengthen the case for a push toward $1.20, $1.27 and eventually $1.35.

On the downside, losing $1.11 would weaken the latest recovery and put the $1.08-$1.10 area back in focus. A deeper breakdown could return attention to the $1.05-$1.00 zone, where buyers have recently defended the market.

Meanwhile, institutional demand remains a supporting factor rather than a confirmed breakout driver.