XRP (XRP) price was up 1.2% over the last 24 hours to trade at $1.40 on Wednesday. Several market and technical factors suggest that the XRP/USD pair may climb further as long as key support levels hold.
Key takeaways:
- Spot XRP ETFs are set to record their strongest monthly inflows since December 2025, signaling renewed institutional demand.
- A symmetrical triangle setup sees XRP price rising roughly 53% as long as support at $1.40 holds.
Ripple CEO on XRP: “Lock in”
Ripple CEO Brad Garlinghouse is urging the XRP community to “lock in” as massive marketing campaigns take over the Las Vegas Strip ahead of the XRP Las Vegas 2026 (XRPLV26) conference.
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The event, which is scheduled for Thursday and Friday will focus on the expanding XRP ecosystem, next-generation applications on the XRP Ledger and community building.
On Tuesday, OKX, a major crypto exchange, posted an image of the Las Vegas Sphere lit with the XRP logo, which Ripple CEO Brad Garlinghouse reposted with a simple directive to his followers: “Lock in.”
Source: X/OKX/Brad Garlinghouse
Ripple has heavily promoted the event with massive “Raise the Standard” XRP billboards across the Las Vegas Strip, timed with the ongoing Bitcoin 2026 conference. This has sparked renewed hype and social media buzz around the event.
However, historical patterns show Ripple/XRP events rarely trigger sustained price rallies. For instance, XRP price gained 16% over the week following Ripple’s Swell 2025. But this was followed by a 30% drop from $2.56 to $1.81 between Nov. 11 and Nov. 21 of that year.
Therefore, without major concrete announcements emerging from the stage, any upside may quickly fade amid broader market forces.
XRP ETF demand is “still alive”
XRP spot ETFs are gaining steady momentum again, with the latest inflows showing that investor demand is not just returning but holding firm at elevated levels.
These investment products posted inflows in 11 of the last 13 days, totaling $82.42 million, according to data from SoSoValue.
XRP ETFs have already pulled in $83.9 million in net inflows in April, marking a strong rebound from March’s $31.16 million outflow.
This reversal makes April the “strongest monthly inflow since December 2025,” signaling a notable shift in momentum, analyst Xfinancebull said in a Monday post on X, adding:
“That does not guarantee instant price fireworks, but it absolutely tells me the bid for regulated $XRP exposure is still alive and building.”
Spot XRP ETF flows chart. Source: SoSoValue
Meanwhile, global XRP exchange-traded products (ETPs) posted inflows totaling $25 million during the week ending Friday. XRP ETPs have now recorded $148 million in net inflows so far in 2026, bringing the total assets under management (AUM) to roughly $2.6 billion.
Crypto funds net flows data. Source: CoinShares
This indicates a sustained institutional appetite for XRP products, adding to XRP’s tailwinds.
As Cointelegraph reported, exchange outflows, positive flows into whale addresses and strong ETF demand improve XRP’s chances of a sustained price recovery.
XRP price technicals put 50% rally in play
The XRP/USD pair has spent nearly three months inside a symmetrical triangle, defined by two converging trend lines. Its rebound from the lower trend line support on Wednesday now raises the odds of a move toward the upper boundary.
A daily candlestick close above the upper line of the triangle at $1.45 would open the way for a rally toward its measured target at $2.15, about 53% above the current price.
However, bulls must overcome resistance from the 100-day exponential moving average (EMA) at $1.52 and the 200-day EMA at $1.75, before reaching this target.
XRP/USD daily chart. Source: Cointelegraph/TradingView
Notably, XRP’s chances hinge on bulls defending support at $1.40, which is also the 200-week EMA and the 20-day EMA, making this a key level. A decisive break below it risks invalidating the bullish narrative altogether.
It may instead raise the odds of the price declining toward the $0.98 mark, aligning with the triangle’s bearish target.
As Cointelegraph reported, a break below the moving averages around $1.38-$1.40 could see XRP price drop toward $1.12 over the next few days.
