TLDR
- XRP jumped roughly 7% to $1.41 as spot volume surged to $1.36B in 24 hours
- A short squeeze wiped $8.05M in short positions as Bitcoin broke above $80,000
- XRP is closing in on a golden cross, with its 50-day MA just 2% below its 200-day MA
- US spot XRP ETF inflows have topped $1.7B, pointing to growing institutional demand
- Analyst Ali Charts sees a possible 35% rally to $2 if XRP breaks above $1.55
XRP price jumped roughly 7% over the weekend, climbing to $1.41. Spot volume hit $1.36 billion in 24 hours, up around 90% in a single day.
The move was powered by a short squeeze. Around $8.05 million in short positions were wiped out as Bitcoin broke back above $80,000, pulling altcoins higher.
Longs absorbed about $2.36 million in losses by comparison. Broader crypto markets saw roughly $300 million in total liquidations as Bitcoin pushed past $81,000.
Futures volume on XRP reached $5.71 billion — more than four times XRP spot volume. When futures outpace spot by that much, rallies can reverse fast if leveraged positions are cleared.
This weekend’s move came without fresh fundamentals. XRP had slid toward the $1.23–$1.30 zone earlier in September after the Senate CLARITY Act cloture vote failed 49-50.
Technical Setup and Analyst Targets
Analyst Ali Charts (@alicharts) posted a chart suggesting XRP may be forming an inverse head-and-shoulders pattern on the daily chart. He is watching for a move toward the neckline near $1.55. A confirmed break above that level, he said, could trigger a 35% rally toward $2.
XRP TARGETS $2
On the daily chart, $XRP appears to be forming the right shoulder of an inverse head-and-shoulders pattern.
If the setup continues to develop, I’m watching for a move toward the neckline near $1.55.
That’s the key level.
A confirmed breakout above $1.55 could… pic.twitter.com/HQfEkWiDoj
— Ali Charts (@alicharts) September 18, 2026
XRP is also nearing a golden cross. The 50-day moving average sits about 2% below the 200-day moving average — the tightest gap since August 2024.
A golden cross forms when the 50-day MA crosses above the 200-day MA and is widely seen as a bullish long-term signal. However, all 16 of XRP’s previous golden crosses ended within 12 months before a death cross followed.
🔴 XRP nears golden cross as bitcoin dominance slides to 59%
XRP’s 50-day moving average sits roughly 2% below its 200-day average, the closest point since August 2024. A golden cross—when the 50-day crosses above the 200-day—is considered a bullish signal, though XRP’s track… pic.twitter.com/ErVIjeiOrr
— NewsTongue (@NewsTongueX) September 18, 2026
Five of the ten crosses that lasted long enough posted gains between 85% and over 1,000%.
ETF Flows, Whale Activity and New Developments
US spot XRP ETFs have recorded over $1.7 billion in total inflows. That is the strongest sign of institutional demand in the current setup.
However, 1.6 billion XRP flowed into Binance from whale wallets over the past 30 days, hitting a six-month high. CryptoQuant analysts said this could reflect reallocation rather than a dump — but Binance reserves are near a 69-day high.
Bitcoin’s market share fell to under 59%, a one-month low. Traders have rotated into altcoins, with coins like UNI, NEAR and ARB rising nearly 30% in 24 hours.
Ripple has added XRP and RLUSD to Stripe and Tempo’s AI payments network. The Moscow Exchange is set to launch XRP perpetual futures on September 22.
After the CLARITY Act vote fell short, Ripple CLO Stuart Alderoty stated: “Ripple and $XRP stand on settled ground.”
Key price levels to watch heading into the trading week are $1.45 and $1.50.
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