Ripple (XRP) has recorded a strong streak of inflows into its spot exchange-traded funds (ETFs), with more than $150 million entering the products across nine consecutive trading sessions since August 18, according to SoSoValue data.
The latest ETF demand has renewed discussion of an XRP “super cycle,” following the cryptocurrency’s rally from $0.98 to $1.70 that began two weeks ago. XRP has since pulled back to approximately $1.35.
Falling Exchange Reserves Support XRP Accumulation
XRP reserves held on exchanges have declined steadily since March. The metric recently fell below its July low, signaling that accumulation may still be taking place as investors move tokens away from trading platforms.
XRP Sharpe Ratio Reaches Highest Level Since August 2025
The Sharpe Ratio measures an investment’s risk-adjusted return. Data from CryptoQuant shows that XRP’s Sharpe Ratio on Binance has risen to 0.207, its highest level since August 2025.
The metric had recently remained near -0.3 while XRP traded toward the $1 level. The cryptocurrency’s renewed bullish momentum has contributed to the improvement in risk-adjusted returns.
However, a stronger Sharpe Ratio does not guarantee a sustained price recovery. Even so, the continued spot ETF inflows and declining exchange reserves provide encouraging signals for XRP bulls.
XRP Price Structure Turns More Bullish
Daily XRP price action showed a sharp bullish move. The previously bearish swing structure was invalidated after the token broke above the July high near $1.18, marked by the dotted green line on the chart.
At the time of writing, XRP was undergoing a pullback toward the $1.13-$1.25 range. This area could become an important zone for determining the cryptocurrency’s short-term direction.
Short-Term XRP Bias Could Turn Bullish
Crypto analyst Ali Martinez noted on X that XRP had broken above resistance from a descending trendline. As often happens with triangle patterns, however, the initial bullish breakout has since retraced.
Despite the pullback, XRP’s short-term bias appears close to turning bullish. The retracement into the $1.13-$1.25 golden pocket remains in progress, while the $1.30 area continues to represent a key long-term support level.
If XRP successfully tests these demand zones, buyers could regain control and drive the next leg of the price trend.
XRP’s Sharpe Ratio has improved from approximately -0.3 in July to 0.207, its highest level since August 2025. Strong spot ETF demand, declining exchange reserves and a bullish shift in price structure have strengthened the outlook, with further gains from the $1.30 support area appearing possible.
