XRP Price Prediction: Pullback Amid Fresh ETF Inflows Could Precede Wave 3 Advance Toward $3.10

While recent price action has cooled, continued demand from U.S. spot XRP ETFs and a largely constructive moving-average structure have kept the broader bullish setup in focus.

A 4-hour Elliott Wave analysis by TradingView contributor Kap_Waves suggests XRP may undergo another pullback before potentially entering a larger Wave 3 advance. The projected corrective area sits around $1.15-$1.25, while the analysis places potential Wave 3 targets at $2.90 and $3.10.

The projection remains a technical scenario rather than a confirmed market path. XRP’s ability to hold key support levels and regain momentum will determine whether the proposed structure develops.

XRP Price and ETF Demand

Fresh institutional demand has provided an important backdrop for the recent move in XRP. According to the supplied data, U.S. spot XRP ETFs recorded approximately $153.55 million in net inflows during August, with much of the activity concentrated in the second half of the month.

U.S. spot XRP ETFs recorded 73.2 million XRP in net inflows, worth approximately $105 million, signaling rising institutional demand. Source: Ali Martinez via X

Another report cited weekly inflows of roughly $105 million for the week of August 24, equivalent to about 73.2 million XRP. Data from SoSoValue put the weekly figure closer to $110 million, making it the strongest weekly inflow figure of 2026 in the cited data.

Bitwise and Franklin Templeton were among the leading contributors to those inflows. The figures indicate that institutional exposure continued to expand even while XRP traded in the $1.35-$1.39 range.

The ETF flows are significant because they provide a source of market demand beyond short-term retail trading. However, inflows alone do not guarantee continued price appreciation, particularly if broader cryptocurrency sentiment deteriorates.

XRP Price Prediction: Potential Pullback Before Wave 3

The current XRP price structure suggests the market may need to digest August’s advance before attempting another sustained move higher.

Kap_Waves’ 4-hour count identifies the rally from approximately $0.99 to $1.6933 as Wave 1. The subsequent price action is interpreted as a potential Wave 2 correction forming an ABC pattern.

The current 4-hour Elliott Wave count presents a potential ABC corrective structure before a larger Wave 3 advance. Source: Kap_Waves on TradingView

Under that count, XRP could first rebound toward $1.4656-$1.5503 before another decline develops. The projected Wave C targets are $1.2543 and $1.1552.

The analysis also places the 0.618 Fibonacci retracement near $1.19 and the 0.786 retracement around $1.13. These levels provide additional references if selling pressure increases.

The distinction is important for the XRP price prediction. The analysis does not call for an immediate move toward $3.10. Instead, it suggests that a corrective phase could come first, followed by a larger impulsive move if the broader structure remains intact.

Technical Levels

At around $1.38, XRP remains above most of the moving averages highlighted in the supplied TradingView snapshot.

The 10-day EMA sits near $1.37, while the 20-day EMA is around $1.30. The 50-day and 100-day EMAs are positioned near $1.21, while the 200-day EMA is approximately $1.35.

XRP price chart. Source: Brave New Coin

The technical summary was classified as Neutral, with oscillators producing a mixed reading. The RSI stood near 63, suggesting positive momentum without entering traditionally overbought territory. MACD generated a buy signal, while the 10-period momentum indicator was the main sell signal among the listed oscillators.

Moving averages were more supportive, with 13 buy signals compared with one sell and one neutral reading. This divergence indicates that the medium-term structure remains firmer than the immediate momentum picture.

From a price perspective, $1.34-$1.35 represents an important near-term support area, based on the Ichimoku baseline and several short-term indicators. A deeper retracement would bring the $1.20-$1.28 region into focus.

On the upside, the $1.41-$1.43 area represents nearby resistance based on the cited pivot and moving-average levels.

Bullish Scenario

The bullish case depends on XRP completing a controlled correction rather than breaking down through major structural support.

Under the Kap_Waves scenario, the potential sequence is:

Wave 2 correction → Wave C completion → Wave 3 advance

A pullback toward $1.15-$1.25 would remain within that proposed structure. If buyers subsequently regain control, the analysis projects a Wave 3 move toward $2.9034-$3.1057.

XRP has been trading inside a clear descending channel, respecting both the upper and lower boundaries multiple times. Source: @LAR7Crypto via X

A separate 4-hour analysis from LAR7Crypto also identifies a possible pullback toward the $1.25-$1.28 area before a potential recovery. That setup describes XRP as trading within a descending channel and highlights the possibility of a liquidity sweep toward the lower boundary before a breakout.

LAR7Crypto’s nearer-term upside levels are $1.60 and $2.10. Those targets are notably below the longer-term $3.10 projection and illustrate how different technical frameworks can produce different price objectives.

The broader bullish scenario therefore requires confirmation from price action rather than relying solely on projected Elliott Wave targets.

Bearish Scenario

The main risk to the bullish XRP price prediction is a deeper decline following August’s rally.

A move toward $1.2543-$1.1552 would still fit the projected Wave C correction. The $1.13-$1.19 region becomes another important area because it overlaps with the cited Fibonacci retracement levels.

The more significant technical threshold is the $0.9884 structural low. A decisive break below that level would weaken the proposed Wave 2 structure and call the larger bullish interpretation into question.

Near term, a failure to hold the $1.34-$1.35 region could therefore increase the likelihood of a deeper retracement. Conversely, sustained trading above that area would keep the immediate structure relatively constructive.

Ripple XRP News and Fundamental Backdrop

The technical setup comes as Ripple continues expanding its institutional financial infrastructure.

On August 3, Ripple announced strategic investments in ZILO and Licuido, saying the deals would add regulated transfer-agency, issuance, and collateral-mobility capabilities to its infrastructure on the XRP Ledger.

Ripple also closed an upsized $275 million private placement of senior unsecured notes through Ripple Prime on August 18. The company said the proceeds would support working capital and general corporate purposes as its regulated prime-brokerage business expands. The offering received a BBB investment-grade rating from KBRA and attracted institutional investors.

These developments add to the broader Ripple XRP institutional narrative, although they should not be treated as direct catalysts for the XRP price. Ripple’s corporate activities and the market value of XRP are related but distinct.

Regulatory developments have also improved the broader U.S. crypto backdrop. On August 18, the SEC proposed Regulation Crypto Assets, which would establish a tailored framework for certain investment contracts involving crypto assets. The proposal includes exemptions allowing qualifying offerings of up to $5 million over four years and up to $75 million during a 12-month period, alongside a conditional safe harbor.

SEC Chairman Paul Atkins described the proposal as part of an effort to provide “clear pathways” for crypto entrepreneurs and market participants under federal securities laws.

Final Thoughts

The latest XRP setup presents two competing forces. Institutional ETF inflows and a supportive moving-average structure point to continued underlying demand, while the post-rally correction leaves room for additional downside before another potential advance.

The immediate XRP price levels are therefore relatively clear. Resistance sits around $1.41-$1.43, followed by the August high near $1.69. On the downside, $1.34-$1.35 is an important first support zone, while $1.25-$1.28 and $1.15-$1.19 become more significant if the pullback deepens.

The longer-term $2.90-$3.10 projection remains conditional on XRP completing the proposed correction and subsequently establishing a new impulsive structure.

For now, the market has not confirmed that Wave 3 has begun. The more measured interpretation is that XRP is consolidating after its August rally while investors assess whether institutional demand can continue absorbing supply. A sustained break above resistance or a deeper move into the projected support areas should provide greater clarity on the next phase of the XRP price trend.