TLDR
- XRP is trading at $1.43, up 3.8% on the day and 4.2% over the week
- Analyst Ali Charts is watching for a close above $1.40 to confirm a breakout toward $1.46
- Trader Dark Defender sees a bull flag breakout with a target of $1.8815
- A bullish flag pattern on the daily chart puts a $2.10 price target in focus, a 48% gain from current levels
- XRP ETFs saw $13 million in net inflows at the start of September
XRP is up 3.8% on the day, trading at $1.43. The token has also gained 4.2% over the past week as traders identify bullish chart patterns forming near key support levels.
The gains come despite pressure on broader markets. Around $350 billion was wiped from US stocks today as oil prices hit a three-month high.
Crypto sentiment remains positive. The Crypto Fear and Greed Index sits at 72, putting investors firmly in “Greed” territory even after a recent pullback from the late-August rally.
Analyst Ali Charts flagged a descending triangle forming on XRP’s hourly chart. In a post on X, they wrote they are watching for an hourly close above $1.40, saying a confirmed breakout could trigger a rally toward $1.46.
XRP BREAKOUT WATCH$XRP appears to be forming a descending triangle on the hourly chart.
I'm watching for an hourly close above $1.40. If confirmed, the breakout could trigger a rally toward $1.46. pic.twitter.com/K1RNqYkPnM
— Ali Charts (@alicharts) September 8, 2026
Trader Dark Defender also weighed in, pointing to a bull flag pattern on XRP’s chart. Dark Defender identified a breakout and backtest already in play, with a next target of $1.8815.
Bull Flag Eyes $2.10 Target
On the daily chart, XRP has formed a bullish flag pattern following its strong late-August rally. This is a continuation pattern that can signal the prior trend is set to resume.
#XRP, on the Bull Flag.
You see the breakout & the backtest.
Next, $1.8815
⁽ⁿᵒᵗ ᶠⁱⁿᵃⁿᶜⁱᵃˡ ᵃᵈᵛⁱᶜᵉ ᵇᵘᵗ ʲᵘˢᵗ ᵐʸ ᵗʰᵒᵘᵍʰᵗˢ ᵒⁿˡʸ⁾ pic.twitter.com/6pHUwLWTm0— Dark Defender (@DefendDark) September 8, 2026
The flag is angled downward, which analysts say reflects profit-taking by early buyers. A break above the $1.50 area, the flag’s highest point, would be needed to confirm the setup.
If that breakout happens, a projection based on the flag’s pole puts a full target of $2.10 on the table. That would represent a 48% gain from current prices.
On-Chain Data Signals a Big Move
On-chain data from Santiment shows active addresses on the XRP Ledger spiked in late August before retreating. A crossover between the 7-day and 30-day moving averages for active addresses has historically preceded large price moves in either direction.
XRP ETF inflows started September at $13 million, averaging $3.3 million per day. If sustained, monthly inflows could total $60–$70 million, though that would be a 50%+ drop from the prior month.
Ripple CEO Brad Garlinghouse continues to push for the CLARITY Act, which would bring more regulatory structure to crypto. The Federal Reserve is set to announce its rate decision on September 16th, with odds of a rate hike now at 60%.
The previous XRP price prediction target of $1.80 remains in play, with the $1.50 breakout level the key level to watch in the near term.
