XRP has pulled back to $1.35 after a rally from $0.98 to $1.70, but spot ETF inflows and falling exchange reserves keep the bullish case alive. A key Sharpe Ratio measure has also hit its highest level since August 2025, and traders are now watching the $1.13-$1.25 zone for the next move.
XRP's pullback to $1.35 has not broken the bullish structure that fueled talk of a super cycle. The retreat followed a rally from $0.98 to $1.70 that began two weeks ago, and two underlying metrics still point to accumulation rather than distribution.
Spot ETF inflows keep piling up
According to SoSoValue data, XRP spot ETFs have logged nine consecutive trading days of inflows since August 18, bringing in just over $150 million. Exchange XRP reserves have also been falling since March and recently dived below July's low, a signal of ongoing accumulation.
Risk-adjusted returns hit their highest since August 2025
The Sharpe Ratio, which measures risk-adjusted return, has climbed to 0.207 on Binance, the highest level since August 2025. The metric had been around -0.3 as XRP prices trended toward $1, before a bullish reversal pushed it higher. An improving Sharpe Ratio does not guarantee a sustained price recovery, though the ETF inflow streak and falling exchange reserves have encouraged bulls.
The $1.13-$1.25 zone is the level to watch
The daily chart showed a sharp bullish uptick after the previously bearish swing structure broke when the July high at $1.18 was breached. At the time of writing, a pullback toward $1.13-$1.25 was underway.
Crypto analyst Ali Martinez pointed out on X that price had broken out of a descending trendline resistance, though the bullish breakout has since retraced. The short-term bias is still ready to flip bullishly, and the retracement into the $1.13-$1.25 golden pocket has not ended, with the $1.30 area also standing as a long-term support level. Once these demand areas are tested, bulls remain likely to take control of XRP's trend once more.
Source: AMBCrypto
Trading involves risk.
Risk Disclaimer
