Ripple’s ‘North Star’ XRP Climbs to $1.48 After $2.2 Billion Institutional Buy-Up

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Blockonomics


The XRP market is showing signs of a reversal in its medium-term downtrend. After a brief decline in the middle of the month, the token’s price recovered to $1.48, posting a daily gain of around 7%.

The price stabilized amid a massive wave of institutional buying and a broader strengthening of the altcoin market.

The asset’s decline to a local low of $1.29, recorded last week, was primarily technical and emotional in nature. The retail sector’s reaction to local regulatory debates in Washington proved short-lived, as XRP’s underlying legal status as a digital commodity remains unchanged, supported by the 2023 court precedent and official regulatory guidance issued in March 2026.

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Weekly XRP/USD chart showing a trend breakout and recovery to $1.48, Source: TradingView

The price decline to psychological support levels prompted large holders to step in. According to on-chain metrics, 1.54 billion XRP was withdrawn to institutional addresses within 96 hours of the dip. The total amount of liquidity directed toward buying the dip is estimated at $2.2 billion.

This capital inflow fully offset selling pressure and stabilized daily trading volume at around $92.6 million.

From $1.50 to $1.80: What technical analysis says about XRP’s future

The weekly timeframe on Bitstamp confirms a shift in the market balance in favor of buyers. The current weekly candle is closing up 5.45% at around $1.48716, marking a breakout above the long-term descending channel.

  • Momentum indicators: The long-term TradingView oscillator has completed a crossover in its lower range, generating a technical buy signal (Bull) and confirming a gradual shift in momentum toward buyers.
  • Consolidation zones: A strong block of buying interest has formed in the $1.25–$1.38 range. The volumes accumulated here in July and August point to the formation of a solid price foundation.

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At present, XRP is approaching key resistance and the moving average near $1.50. A sustained move above this level could accelerate the classic rotation of capital from Bitcoin, which is holding above $76,000, into liquid altcoins, opening the way for XRP to reach medium-term targets around $1.80.



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