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XRP 30% weekly gain from $0.9862 floor: RSI at 79.2 as ETF inflows fell to $2.35M

30%, measured from last week's $0.9862 trough to a current price near $1.29, is XRP's sharpest seven-day return since the November 2024 post-election rally that carried the Ripple-associated cryptocurrency toward a $3.65 all-time high. The…

By Reuben Salcedo·Aug 21, 2026·2 min read·crypto·$BTC · $XRP

Key takeaways

  • XRP rose about 30% over seven days, climbing from last week's $0.9862 trough to near $1.29, its sharpest weekly return since the November 2024 post-election rally.
  • Wednesday's 10.40% session was the token's largest single-day move since February 6, and Thursday extended gains to a $1.32 weekly high.
  • XRP's daily RSI reached 79.2 (overbought above 70) while ADX held above 29, confirming a trend above the 25 threshold.
  • On the rally day, XRP ETF inflows fell to $2.35 million from $5.81 million the prior session, while Bitcoin ETFs absorbed $517 million.
  • XRP trades 17.5% below its 200-day moving average, and futures open interest has retreated 11.31% from its rally-day peak.

30%, measured from last week's $0.9862 trough to a current price near $1.29, is XRP's sharpest seven-day return since the November 2024 post-election rally that carried the Ripple-associated cryptocurrency toward a $3.65 all-time high. The $0.9862 floor matches the zone where XRP traded just before that rally. Wednesday's 10.40% session did the heaviest lifting, the sharpest single-day print since February 6, when the token also moved more than 20%. Thursday added a second leg, pushing the weekly candle to $1.32.

Bitcoin supplied the ignition. $BTC crossed $72,000 Thursday, its highest price since a June flash crash, after the U.S. Treasury said it would double long-bond buybacks to at least $4 billion per operation starting September 9. That move triggered $3 billion in short liquidations over 24 hours. Hours later, President Trump met with crypto executives from Coinbase, Ripple, and Robinhood at the White House.

$XRP outperformed what its standard Bitcoin correlation would predict. RSI on the daily chart reached 79.2, deep in overbought territory. ADX held above 29, above the 25 threshold that marks a confirmed trend regardless of direction.

What the flow picture shows

Metric Reading Note
Weekly gain ~30% reported
Session trough $0.9862 reported
Wednesday gain 10.40% largest since Feb. 6
RSI, daily 79.2 overbought above 70
ADX above 29 trend confirmed above 25
XRP ETF inflows, rally day $2.35M down from $5.81M prior session
BTC ETF inflows, same session $517M largest since May
Futures OI change from rally peak -11.31% reported
Distance below 200-day MA -17.5% reported

On the day XRP outpaced Bitcoin's gains, daily XRP ETF inflows dropped from $5.81 million to $2.35 million. Bitcoin ETFs absorbed $517 million the same session, their biggest single-day haul since May. Futures open interest has since retreated 11.31% from its rally-day level. XRP trades 17.5% below its 200-day moving average; Thursday's $1.32 high was the closest the token had been to that threshold since January.

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Frequently asked

What drove XRP's 30% weekly gain?

Bitcoin's move above $72,000 supplied the ignition after the U.S. Treasury said it would double long-bond buybacks to at least $4 billion per operation starting September 9, triggering $3 billion in short liquidations.

How high did XRP's price rise during the rally?

XRP climbed from a $0.9862 trough to a current price near $1.29, with Thursday's weekly candle reaching a $1.32 high.

What do the technical indicators say about XRP?

The daily RSI hit 79.2, deep in overbought territory above 70, while ADX held above 29, confirming a trend since it exceeded the 25 threshold.

How did XRP ETF inflows compare to Bitcoin's on the rally day?

XRP ETF inflows dropped to $2.35 million from $5.81 million the prior session, whereas Bitcoin ETFs took in $517 million, their biggest single-day haul since May.

Did any notable event coincide with the rally?

Hours after Bitcoin crossed $72,000, President Trump met with crypto executives from Coinbase, Ripple, and Robinhood at the White House.