XRP slipped to $1.32 on Wednesday, even as U.S. spot XRP ETFs logged their 11th straight day of net inflows. Today, though, the trend has reversed: XRP is up more than 4% and now trading at $1.38. Could the XRP price prediction point to a $2 target this September?
At a recent event attended by around 400 wealth managers, Bitwise research analyst Ryan Rasmussen noted that XRP drew more audience questions than any other digital asset discussed. A lineup that also included Bitcoin, Solana, Hyperliquid, stablecoins, and tokenization.
He described the response as strong in a follow-up thread posted after the event.
While 67% of attendees said they currently hold zero crypto exposure, 60% believe prices will climb higher by the close of 2026 and intend to build positions within the coming year. That disconnect between belief and action stands out.
Combined with ongoing ETF inflow trends, which already suggest XRP is moving away from purely retail-driven trading and toward regulated, portfolio-based ownership, the poll results lend further support to that narrative.
Today @Matt_Hougan and I presented to 400 wealth managers.
We covered Bitcoin, Solana, Hyperliquid, Stablecoins, Tokenization, and more.
When asked…
– 67% don’t yet allocate to crypto
– 60% think crypto prices will be higher by EOY
– 60% plan to allocate in the next year— Ryan Rasmussen (@RasterlyRock) September 2, 2026
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XRP Price Prediction: Can Institutional Demand Push It Past $2?
Technically, XRP has been squeezing into a descending triangle pattern since its August peak near $1.70, with the $1.35–$1.38 range now acting as the key support zone. Trading volume in this area has typically been strong, a signal chartists interpret as a genuine inflection point rather than random movement. This support is further reinforced by the 200-day EMA, which sits nearby, cementing $1.33–$1.35 as a meaningful structural floor.
If XRP could push back above $1.55–$1.60, the next zone in play would be $1.68–$1.72, where prior swing-high liquidity resides with $1.86 and the $2.00 mark serving as further upside targets.
Should wealth managers’ stated allocation plans actually materialize into real buying, something current institutional accumulation trends hint may already be happening.
In the meantime, the more likely scenario is continued sideways movement between $1.35 and $1.55 as the market awaits proof that the 60% who intend to allocate actually follow through.
On the downside, a drop below $1.33 would break the triangle structure and could trigger a slide toward $1.23–$1.25, with $1.15–$1.20 marking a deeper potential support level.
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Can XRP Reclaim $2?
Technically, XRP has slipped above its 200-day exponential moving average (EMA) at $1.35, but it remains beneath a descending resistance trendline near $1.40. Those two levels form a concentrated overhead zone that buyers need to clear before the broader trend can improve.
On the downside, the 50-day and 100-day EMAs cluster near $1.22, forming the next major support zone.
Sustained ETF inflows are helping offset some selling pressure. XRP needs to reclaim both $1.35 and $1.40 to ease broader bearish pressure and improve the prospects of another rally.
The unresolved question is not whether the flow data shows continuing interest in XRP ETFs. For now, it does.
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