XRP Price: Analyst Forecasts Fall to $1 as ETFs Record First Weekly Outflows in Weeks

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TLDR

  • Analyst ChartNerd forecasts that XRP might drop to $1 as part of a liquidity grab prior to a rebound.
  • XRP ETFs saw their first weekly net outflows since January 30, amounting to more than $4 million.
  • XRP is presently trading at approximately $1.35 following a short-lived dip to $1.347 amid significant selling pressure.
  • Ripple’s CEO Brad Garlinghouse informed investors they would be in a “very happy place” within five years.
  • Whale activity—tracked via the Flow 30-DMA metric—has become positive for the first time in more than three months.

XRP is trading close to $1.35 following a challenging week marked by ETF outflows, technical selling pressure, and a bearish analyst forecast. Meanwhile, Ripple’s CEO is urging investors to adopt a long-term perspective.

xrp price

Over the last 24 hours, XRP declined from $1.3666 to $1.3554, momentarily hitting $1.347 during a spike in trading volume. Buyers intervened to support the $1.35 level, and the price has since settled within a narrow band of $1.35 to $1.37.

Analyst ChartNerd shared on X that XRP might fall as low as $1, citing a liquidity stack between $1 and $1.20. A liquidity stack also exists near $1.80.

ChartNerd stated that the most probable scenario for March involves an initial rally to $1.80, followed by a retreat back to the $1 range. He referred to this as a “liquidity grab”—a price movement intended to activate stop-loss orders before a possible reversal.

XRP ETFs Register First Weekly Outflows Since January

Per SoSoValue data, XRP ETFs recorded net weekly outflows of slightly more than $4 million. This represents the first weekly outflows since January 30.

XRP ETFs weekly flows
Source: SoSo Value

The funds experienced inflows during the first three days of the week but then shifted direction on March 5 and 6. On March 6 specifically, outflows reached $16.62 million—the biggest single-day outflow since January 29.

Bitcoin, Ethereum, and Solana ETFs also recorded outflows of $349 million, $83 million, and $8 million, respectively, over the same timeframe.

Ripple CEO Encourages Long-Term Mindset

During the XRP Australia 2026 conference, Ripple CEO Brad Garlinghouse told participants that current investors could be in a “very happy place” in five years’ time.

Garlinghouse highlighted the growing institutional adoption of blockchain technology, such as tokenization, stablecoins, and blockchain-powered settlement systems.

He characterized progress as a sequence of small steps instead of a single major event. “There’s not one switch; there are hundreds and thousands of switches,” he said.

Evernorth CEO Asheesh Birla noted that true financial transformation takes roughly a decade. He mentioned that short-term price fluctuations frequently do not mirror the underlying technological change.

A positive on-chain indicator: the Whale Flow 30-DMA metric has turned positive for the first time in more than three months, indicating renewed buying interest from large investors.

XRP is currently maintaining the $1.35 support level, as traders monitor closely for a break in either upward or downward direction.