- XRP price holds above $1.50, reaching a four-week high.
- Ripple’s token strengthened alongside gains in Bitcoin.
- Traders remain optimistic despite $76 million in outflows from XRP investment products last week.
XRP climbed to $1.50 on Monday as corporate developments at Ripple and broader market momentum supported bullish sentiment for the token.
Buyers have shown strength around the $1.30 area, and weekly gains are now in double digits. XRP’s market capitalization has topped $90 billion even as investment products tied to Ripple experienced recent withdrawals.
Although prevailing market conditions could limit further upside, this week’s gains suggest buyers may still seek to test seller interest above the $2.00 mark.
XRP price hits $1.50 – why it’s rising
XRP maintained levels near $1.50 after major altcoins followed Bitcoin’s early-day rally.
With BTC rising above $74,000 and Ethereum pushing toward $2,300, XRP edged up to levels last seen in mid-February 2026.
The surge also coincided with reports that Ripple intends to launch a $750 million share buyback program.
The buyback would provide liquidity to early investors and employees, reflecting Ripple’s effort to remain private while implying a valuation near $50 billion.
Fund flows remain a concern
Institutional interest in XRP investment products has been weak over the past month.
CoinShares reports that more than $76 million exited XRP-linked digital asset investment products last week.
Over the last 30 days, outflows exceed $133 million, leaving year-to-date flows slightly positive at just over $19 million.
Assets under management for XRP-focused products currently sit around $2.4 billion.
Technical outlook for XRP price
Despite recent outflows, speculative interest has pushed open interest higher, reflecting increased trader activity.
Aside from geopolitical and macroeconomic tensions such as the ongoing conflict in Iran, XRP could target a retest of the $2.00 level if momentum continues.
On the upside, gains could accelerate if Bitcoin extends its rally and moves past $80,000 amid volatility in other sectors, including energy.
Technical indicators show compressed Bollinger Bands, a setup often seen before significant volatility spikes; this compression is comparable to levels observed during 2024’s record moves.
Trading in the $1.41–$1.50 range means bulls need a clear break above $1.60 to trigger a short-term rally.
If that breakout occurs, bulls may aim for a $3.00 target during this uptick.
Whether resistance around current prices turns into support depends heavily on the broader market environment.
If buyers cannot hold $1.40, downside support levels to watch are $1.31 and $1.20.