XRP Price Forecast Cools Amid Slowing Momentum and Weakening Institutional Demand

XRP's price has recovered from its August low of $1.00 and is currently trading around $1.40, but Grok's latest forecast suggests that momentum may be cooling off.

The AI model has been steadily adjusting its predictions for XRP's price in September, with estimates ranging from $1.25 to above $1.40. The latest forecast puts XRP near $1.31, indicating a neutral to slightly bearish outlook unless the token breaks through its current resistance zone.

Grok's technical analysis also supports this view, showing that XRP is holding above key support levels around $1.27 to $1.34 but still needs to clear resistance between $1.47 and $1.52 for a stronger recovery to develop.

The slowdown in institutional demand, as measured by ETF inflows, may also be a concern for XRP's price action in September, with net inflows dropping from $110.5 million to about $19 million in the last week.