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XRP Gained 16% Last Week and Lost 7% in a Day. Is the Rally Already Over?

Short liquidations drove the weekly jump, while U.S. spot XRP ETFs added $75.59 million and whale wallets accumulated 1.54 billion tokens, analysts said.

  • XRP struggles to maintain gains above the $1.55 to $1.60 resistance zone, having touched $1.60 twice recently but failing to hold that level as persistent selling pressure remains in control.
  • The recent 16% surge to $1.66 was primarily fueled by $300 million in forced short liquidations rather than organic demand, as trapped buyers from August's $1.70 spike continue to sell into rallies.
  • Institutional demand grew as U.S. spot XRP ETFs attracted $75.6 million in net inflows between September 21 and September 25, bringing total net assets to approximately $1.77 billion.
  • Pending a September 30 vote, the Armada Acquisition Corp. II and Evernorth Holdings combination could lead to a Nasdaq listing under the ticker XRPN, subject to final regulatory conditions.
  • Ripple may release up to 1 billion XRP from escrow on October 1, while the XRP Ledger Batch upgrade goes live September 29, with support above $1.48 remaining critical.
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The XRP price rose 26 percent while the market fell. Short closures and ETF inflows are driving the rally, but the continuation beyond $1.61 remains uncertain. The article XRP rally gets support from ETFs, but continuation remains uncertain was written by Gijs Smit and first appeared on Bitcoinmagazine.nl.

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TokenPost broke the news on Tuesday, September 22, 2026.
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