XRP Bulls Target $1.46 Following ETF Recovery

Recent research from Santiment Intelligence shows the crypto wallets on the XRP Ledger are gradually growing. The blockchain tracker identifies a whopping 4,772 new crypto wallets in a single day, posting the best result since March 5, 2026.

Despite XRP’s price significantly backtracking from the $3.65 all-time high (ATH) scored in July 2025, the network just inked an all-time high in non-empty crypto wallets, breaching the 8.24M mark. This doesn’t immediately translate to rising activity or XRP price appreciation, but it confirms long-term demand.

However, that could as well be a local bottom indication if met with buying power. XRP’s price has been bouncing off the $1.28 - $1.32 support bubble multiple times without much progress over the past few weeks. Much of that has to do with a red week in exchange-traded funds (ETFs), marking $1.84 million in outflows.

The previous week’s losing streak has halted a 13-week straight inflow record, but XRP’s ETF products have shown immediate resilience. This week, the five active Ripple coin-based ETFs pulled in $4.24 million so far, according to SoSoValue. Franklin Templeton’s busting the largest moves with $3.55 million daily inflows.

Judging from Santiment’s analysis on XRP’s price, $1.40 is the first level to watch. “A sustained move above it while network growth stays near or above 4K daily wallets would mean a quick return to $1.50 is more than plausible.” On the other hand, the bullish thesis loses dominance if XRP’s price falls considerably under $1.30.

Now, XRP’s trying to slowly turn the tide back to bullish mode with $1.46 as the level in focus. That’s the SuperTrend indicator on the one-day charts. What the smaller time-frames don't tell us is the largest crypto players heading back to buying XRP at this range. The Chaikin Money Flow (CMF) is rocketing back towards zero after a multi-week sell-off.

The bulls may attack the $1.46 Red-Label Bollinger Band and seek for $1.60 - $1.65 resistance as confirmation before a $2 reclaim. Presently, the $1.28 - $1.32 support bubble offers a market consolidation procedure, but the wider support range of $1.50 to $2.20 is dependent on XRP’s continuous usage across the network as well as broader sentiment.

Check out DailyCoin’s trending crypto news today:
Why Major US Banks Are Blocking AI Agents From Accessing Customer Accounts
$1.62 Trillion German Banking Giant Launches XRP Trading