XRP Price Prediction: Bullish Flag Puts $2.10 in Focus
By Alejandro Arrieche | Published: Sep 08, 2026
Summary
XRP has recently experienced a pullback after a significant rally in late August, with a current price increase of nearly 3% in the last 24 hours. The cryptocurrency market is consolidating amid a challenging macroeconomic environment, with a 60% chance of a rate hike by the Federal Reserve in September. Despite this, investor sentiment remains positive, as indicated by a Crypto Fear and Greed Index reading of 72, suggesting that investors are still in a 'Greed' mode.
Market Dynamics
Net inflows into exchange-traded funds (ETFs) linked to XRP have started the month at $13 million, averaging $3.3 million daily. This projection suggests a potential monthly total of $60 to $70 million, which would represent a significant drop of over 50% compared to the previous month. However, the market's response could change based on upcoming comments from Federal Reserve Chairman Kevin Warsh after the interest rate decision on September 16th.
On-Chain Data Insights
On-chain data indicates a spike in active addresses on the XRP Ledger in late August, which has since retreated to normal levels. A crossover between the 7-day and 30-day moving averages of active addresses has occurred, historically signaling strong price movements. While this does not provide a clear directional signal, it may indicate the beginning of a trend, potentially continuing the previous uptrend.
Technical Analysis
The daily chart shows that XRP has formed a bullish flag pattern, a typical continuation setup following a strong price movement. The downward inclination of the flag suggests profit-taking by early buyers, with fewer late buyers entering the market. A breakout above the $1.50 resistance level could signal a resumption of the uptrend, with a target price of $1.80. The full projection based on the flag's pole size indicates a potential price of $2.10, representing an upside potential of approximately 48% in the coming weeks.
Conclusion
In summary, while XRP faces some challenges due to macroeconomic factors and reduced ETF inflows, the technical indicators and active address trends suggest a potential bullish outlook. A breakout above key resistance levels could pave the way for significant price gains in the near future.