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XRP Price Eyes $1.80 as Active Addresses Hit Record High | FXEmpire
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XRP Price Eyes $1.80 as Active Addresses Hit Record High
By: Alejandro Arrieche
Published: Sep 2, 2026, 14:50 GMT+00:00
Live PriceXRP
Key Points:
- XRP ETFs saw strong positive inflows in August, as Wall Street seems to be positioning for the continuation of this rally.
- On-chain data shows that active addresses within the XRP Ledger jumped to record levels recently.
- XRP could be eyeing a rally toward $1.80 as long as the $1.32 support holds.
- +0.50%
XRP (XRP) has retreated off its recent high at $1.70, as the market continues to digest the latest changes in the macroeconomic backdrop.
This altcoin is currently retesting a former resistance area at $1.32 that may now have turned into support ahead of this week’s jobs report in the United States.
Yearly losses are back at 28% as a result of this latest decline, while trading volumes have subsided a bit but are still higher than they were a month ago at $2.7 billion — a figure that accounts for 3.2% of the asset’s circulating market cap.
Despite this necessary pullback, market sentiment is still bullish, as reflected by the Crypto Fear and Greed Index. This gauge currently sits at 69, down from a recent peak of 80. At this level, it indicates that market participants are still in “Greed” mode, following the latest regulatory and macro tailwinds.
Wall Street Keeps Buying XRP Despite Upcoming Rate Hike
Data from FedWatch indicates that the odds of a rate hike in September have suddenly increased from around 39% to 66%, as the Chairman of the Federal Reserve, Kevin Warsh, does not seem to be willing to let inflation run hotter.
Prices in the United States have increased at a pace that nearly doubles the Fed’s target in the last 12 months. As a result, central bankers are expected to remain hawkish when it comes to interest rates, and the selling pressure has increased across the crypto market in reaction to that.
That said, Wall Street seems to be confident that this situation will not put a lid on crypto prices, as net inflows to exchange-traded funds (ETFs) linked to XRP have been positive for 11 days in a row.
In August, net inflows closed at $159 million — the highest monthly add since December last year. Meanwhile, investors poured another $14 million into these vehicles during the first day of September despite the token’s retreat.
Meanwhile, turning to on-chain data, active addresses within the XRP Ledger have jumped to their highest level on record
The 7-day moving average for daily addresses currently sits at 1.34 million, meaning a 10% increase compared to the previous all-time high of 1.22 million the network experienced in March 2025.
This is a clear indication that market participants are positioning for a big move ahead. ETF inflows seem to favor a bullish outlook, but XRP still needs to hold above its nearest support level to confirm this view.
XRP Could Rally to $1.80 If This Support Level Holds
Heading to the daily chart, we can see that XRP is retesting a former resistance at $1.32 from above. This should be a strong demand zone for the token now. Hence, we could expect a rebound off this level.
This price level coincides with the 200-day exponential moving average (EMA), a key technical indicator that a large group of traders watches closely.
If the price breaks below this mark, we could expect a decline to $1.23, meaning a 7% downside risk. However, if volumes pick up and the price starts rallying off this area, we still envision a move to $1.80 in the mid-term.
The risk-reward ratio for a long position at this point is quite attractive at around 6x, provided that this $1.32 support level holds as expected.
About the Author
Alejandro ArriecheSenior Cryptocurrencies Analyst
Alejandro Arrieche specializes in drafting news articles that incorporate technical analysis for traders and possesses in-depth knowledge of value investing and fundamental analysis.
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