XRP rose 4% in 24 hours and broke above the $1.38 resistance level identified by analyst Ali Martinez, with short liquidations reaching $2.79 million, according to Coinglass. Martinez said a sustained close above $1.38 could open a move toward $1.60, after previously identifying $1.31-$1.35 as support. XRP remains the best-performing cryptocurrency among the five largest assets, gaining 36% since its late-August rally, but selling near $1.40 and renewed macroeconomic uncertainty have limited the recovery. Open interest fell from $2.85 billion to $2.83 billion in one day, raising questions about whether the advance reflects fresh buying. XRP retested $1.31 support before rebounding to $1.37, while technical analysis identified approximately $1.32 as support and described a bull flag with an RSI of 54. A confirmed break above $1.40 could resume the broader uptrend, although sellers currently control the consolidation. U.S. spot XRP ETFs recorded about $1.7 billion in cumulative net inflows, including nearly $19 million during a ninth consecutive positive week, while SoSoValue reported approximately $32 million in net inflows this month. If the current pace continues, September inflows could approach $90 million, 41% below August’s total but above June and July. Ripple USD’s market capitalization rose 50% from $1.6 billion to $2.4 billion in one month, and Ripple secured $275 million last month to expand its prime brokerage operations. U.S. inflation rose 3.4% year over year in August, while month-over-month inflation exceeded forecasts by 10 basis points and lifted the probability of a September rate hike to 87%.