Ripple (XRP) surged more than 72% in less than a week, its strongest rally since July 2025, as cryptocurrency prices broadly broke out. But the move has a problem: it may have little to do with XRP itself.
The token's near-term rally appears to have been driven largely by a broader liquidity shift after the US Treasury expanded long-end bond buybacks, pulling yields lower and lifting risk assets. XRP, with more beta than Bitcoin, was one of the biggest beneficiaries.
That leaves XRP at a critical point. The token is holding near $1.50 after touching $1.70, but the rally alone doesn’t confirm that the long-awaited bottom is in. A sustained move above $2.00 would strengthen the case for a structural recovery, while failure to hold recent gains could expose XRP to another correction.
"XRP's near-term path is likely to keep tracking the broader altcoin complex rather than break out on a story of its own. This week's rally has a macro root – the Treasury's move to expand long-end bond buybacks pushed yields down and lifted risk assets broadly, and altcoins simply carry more beta to that kind of liquidity injection than Bitcoin does," Iliya Kalchev, Nexo Dispatch Analyst, highlighted in an exclusive comment to FXStreet.
Ripple ecosystem expansionRipple continues to make headlines with its global regulatory and partnership milestones, backed by the deployment of approximately $4 billion in strategic capital.
The blockchain company has strategically developed a robust ecosystem by acquiring prime brokerage capabilities, modern treasury management systems (TMS), instant stablecoin payments infrastructure, and institutional-grade custody solutions.
In late October 2025, Ripple executed a series of strategic acquisitions: Hidden Road ($1.25 billion, rebranded as Ripple Prime), GTreasury ($1 billion), and Rail ($200 million), further strengthening its institutional offering. Other acquisitions include Metaco, Palisade and Standard Custody & Rail.
Concurrently, Ripple secured more than 60 regulatory licenses and permits worldwide, achieving milestone approvals in the Europe Union’s (EU) Markets in Crypto-Assets Regulation (MiCA), Luxembourg’s Electronic Money Institution (EMI) license approved by the country’s Commission de Surveillance du Secteur Financier (CSSF) as well as other compliance licenses in the Asia Pacific (APAC), the Middle East and Africa regions, as stated in various press releases and policy briefings.
"However, investors should stop treating every Ripple acquisition, license or partnership as automatically bullish for XRP. The token only captures value when institutions need to hold it, source liquidity through it or use it repeatedly for settlement," Ryan Kirkley, Co-founder & CEO of Global Settlement Network, said in a written comment to FXStreet.
Ripple’s expansion gives XRP more opportunities to prove its utility. It does not guarantee that utility, and it certainly does not guarantee price appreciation.
Ripple Payments and the shift to multi-asset railsRipple Payments has evolved over the years from the former On-Demand Liquidity (ODL) to a product with a worldwide presence. The platform offers institutional-grade custody, fiat and stablecoin rails and other digital assets, including Ripple USD (RLUSD) and XRP.
“Ripple’s compliance build-out is substantial and hard to replicate quickly: more than 60 regulatory licenses globally, full MiCA authorization across the entire EU economic bloc, a new Middle East and Africa hub in Dubai, and a cleared US legal case, on top of capital commitments like the $1.25 billion Hidden Road acquisition. That gives XRP a genuine structural advantage a new entrant can’t shortcut overnight,” Kalchev added.
Despite Ripple’s compliance powerhouse, partnerships and acquisition spree, experts appear to differ on whether ecosystem developments translate to utility for XRP and growth in the token’s value.
Dean Chen, Bitunix analyst, sees long-term value in XRP, suggesting partial allocation in portfolios. Still, Chen cautions investors to temper expectations and assess how much value the token can capture from Ripple’s growing ecosystem, given varying global liquidity conditions.
“Ripple’s ecosystem expansion is clearly positive for XRP, but Ripple’s commercial success and XRP’s investment value are not necessarily equivalent. Growth in cross-border payments and institutional adoption can create more use cases for XRP, but the key question is whether that activity translates into sustained demand and effective value capture for the token,” Chen told FXStreet.
Ripple’s stablecoin, RLUSD, could steal the limelight from XRP, as it appeals to institutional investors looking to avoid crypto-related volatility while offering a regulated platform.
Ripple's ultimate test would be to create a symbiotic relationship between the expanding ecosystem and XRP to ensure long-term growth.
Shawn Young, Chief Analyst at MEXC Research, told FXStreet that “If that growth leads banks and liquidity providers to hold and use more XRP, the token has a much stronger case. If most of it runs through RLUSD, other stablecoins, or infrastructure that barely touches XRP, investors should not expect Ripple’s success to automatically show up in the token price.”
XRP outlook improves on renewed on-chain activityA closer examination of activity on the XRP Ledger (XRPL) shows renewed user participation. Addresses that transact on the protocol, either by receiving or sending value, have recently surged, peaking at roughly 305,000 on Sunday, up from around 25,000 on August 1, according to Santiment.
The surge in on-chain activity reinforces an improving fundamental outlook and raises the probability of an extended recovery as demand for XRP gains momentum.
XRP Active Addresses | Source: SantimentStill, the number of addresses joining the network has remained subdued this year. Newly created addresses on the XRPL averaged 475 on Sunday, down from roughly 4,100 on Saturday and 6,600 in late June. This suggests fewer new users are joining the protocol, which could translate to lower demand for XRP and, in turn, limit potential recovery.
XRP Network Growth | Source: SantimentThe amount of XRP balances on known exchanges has declined, averaging 2.61 billion XRP as of Sunday, from 2.63 billion XRP on Saturday. This figure falls significantly below the annual peak of 2.81 billion XRP, recorded in early March.
The correction shows XRP is gradually moving off Binance, as investors choose self-custody platforms for long-term holding. Notably, declining exchange reserves suggest reduced immediate available sell-side supply.
XRP Binance Exchange Reserve | Source: CryptoQuantUS-listed XRP spot Exchange-Traded Funds (ETFs) have also supported the bullish case, recording six consecutive weeks of inflows and lifting cumulative net inflows to $1.55 billion.
XRP derivatives market coolsThe XRP derivatives market remains significantly elevated compared to levels seen at the beginning of the year. According to CoinGlass, perpetual futures Open Interest (OI) stands at 2.5 billion XRP on Monday, up only marginally from 2.42 billion XRP the previous day. Looking back, OI averaged 1.84 billion on January 1, underscoring growing risk-on sentiment.
XRP Futures OI | Source: CoinGlassStill, investors should temper expectations, as OI has narrowed over the past few days to 2.78 billion as of August 15. A steady increase in futures OI is required to support XRP’s short to medium-term recovery.
After trading volume surged and peaked at $18.53 billion on Saturday, it has moderated to $9.32 billion at the time of writing. This could suggest that investors are gauging prevailing market conditions and whether they can sustain last week’s 72% rally from $1.00 to $1.70.
Technical outlook: Is XRP’s bullish comeback sustainable?The remittance token's current position around $1.51 holds above notable levels including $1.50 and $1.25, underscoring renewed risk appetite. Nonetheless, it remains unclear whether that rally is sustainable or temporarily driven by liquidity and last week's US Treasury’s open-market buybacks.
The pair holds above the 200-week Exponential Moving Average (EMA) at $1.37, supporting a medium-term constructive tone, but it remains capped by the 50-week EMA at $1.55 and the 100-week EMA at $1.60, keeping the near-term bias neutral as those barriers hold overhead.
At the same time, the Moving Average Convergence Divergence (MACD) indicator sits above zero with a positive reading, and the Relative Strength Index (RSI) near 57 suggests moderately bullish momentum, yet these signals only hint at upside potential that would need a weekly close above the clustered EMAs to gain traction.
XRP/USDT weekly chartImmediate resistance lies at the 50-week EMA at $1.55, followed by the 100-week EMA at $1.60, where a break higher would open the way for a more decisive bullish extension. The current price area around $1.50 acts as a pivot, with stronger structural support emerging at the 200-week EMA at $1.37 and then the SuperTrend baseline at $0.96, levels that would be expected to attract buyers on deeper pullbacks while the broader uptrend attempt remains in place.
Still, momentum is stretched, with the RSI hovering in overbought territory near 86 on the daily chart and the MACD above zero, suggesting strong but potentially overextended upside pressure.
XRP/USDT daily chartOn the downside, initial support lies at the 200-day EMA around $1.35, ahead of the SuperTrend zone near $1.25, which marks the next technical floor if a deeper correction unfolds. Below that, the 50-day and 100-day EMAs clustered between $1.14 and $1.18 hint at additional underlying demand, where buyers could look to re-enter if the pair unwinds part of its recent gains.
Ultimately, it is impossible to time a bottom; investors should closely monitor the token and watch for new trends forming from extended sideways action to steady price increases, which could help identify strong support levels. Last week's surge marked XRP's strongest week since July 2025. However, profit-taking remains an overhang risk that could trigger a short-term correction as XRP seeks liquidity before the next breakout. Looking down, the region between $1.00 and $1.25 is a critical support area that will likely continue to absorb selling pressure.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Ripple FAQs Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.
XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.
XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.
XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.
XRP, the digital token frequently associated with Ripple Labs, experienced a strong upward move after spending several trading sessions locked near the $1 level. In a sudden shift, XRP surged almost 70% to reach about $1.69 before settling around $1.50. The rapid rally marks one of the largest recent gains for XRP.
XRP breaks above key levelsAfter remaining just above $1 for three consecutive days, XRP quickly broke resistance to the upside. The token first advanced past $1.10, then pushed through successive levels at $1.20 and $1.30. Momentum built as the price moved beyond $1.40, accelerating toward a high near $1.69. Subsequently, XRP pulled back and stabilized in the $1.45 to $1.50 range.
BankXRP, a well-followed market analyst, tracked the price movement using CoinGlass’s liquidation heatmap. The data highlighted how leverage in cryptocurrency derivatives played a major role in the move. High concentrations of liquidations near $1 contributed to the breakout, as forced closures of leveraged positions added significant buying pressure.
The heatmap revealed bright bands of liquidation liquidity at $1, $1.20, $1.30, and $1.40. Each zone formed a temporary resistance as the price climbed but also provided momentum to continue the ascent after being breached.
This sequence demonstrates how rapid shifts can happen in assets with concentrated liquidation levels and high leverage. Many traders holding short positions were forced to cover as the price advanced, causing further upward pressure.
Regulatory background and political influenceThe market rally unfolded against a backdrop of evolving US crypto regulation. President Donald Trump called on Congress to pass the CLARITY Act during a White House meeting on August 19. The legislation, if enacted, aims to clarify the regulatory framework for digital assets in the United States. Meanwhile, both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) continued to work on crypto policy guidelines under their existing authority.
Ripple Labs, the company behind XRP, has been a central player in ongoing discussions around digital asset regulation, following several high-profile legal disputes with US regulators.
Mini dictionary: CLARITY Act, a legislative proposal in the US aimed at providing clearer regulatory guidance for digital assets, especially regarding the classification of cryptocurrencies as securities or commodities.
Outlook and technical setupMarket participants are now focused on whether the $1.45 to $1.50 region will serve as a base for further gains. According to BankXRP and other analysts, a sustained move above $1.60 could see the price test the $1.69 high once more. Higher liquidation zones between $1.70 and $1.80 are viewed as potential next targets if the rally continues.
Momentum remains a key factor, especially as leverage has demonstrated an outsized influence on market direction. If buyers take control again and price holds above $1.50, swift moves to higher levels remain possible.
Price LevelSignificanceObserved Action$1.00Major resistance, liquidation zoneBreakout initiated upward rally$1.20 – $1.40Interim resistance, high liquidationsSuccessive breakouts, increased momentum$1.69Local peakStrong rally peak before pullback$1.45 – $1.50Potential supportConsolidation zone post-rally$1.70 – $1.80Next key liquidation targetPotential further rally targetBankXRP commented that this recent action could provide a “launchpad for leg 2” if buyers step in at current consolidation levels. Many traders will continue watching liquidation heatmaps for clues as to where the next major move might develop.
If XRP holds the current support and advances past $1.60, the price could retest the previous high and target the next cluster of liquidation levels nearby.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A group of activists demonstrated outside the San Francisco residence of Chris Larsen, co-founder of blockchain company Ripple, to protest his substantial financial support for law enforcement surveillance technology in the city.
Sunrise Movement organizes local demonstrationThe protest, which took place on Friday, was led by members of the Sunrise Movement, a youth-driven climate advocacy group. Activists criticized Chris Larsen’s involvement in supporting the expansion of automated license plate readers (ALPRs) and other surveillance tools by San Francisco police.
Demonstrators distributed brightly colored flyers to residents in the neighborhood, warning them about the use of Flock Safety cameras—networked devices that capture license plates and track vehicle movements. Protesters also displayed a mock surveillance camera near Larsen’s home, sending a message that read, “Does this make you feel safer, Chris?”
Luc Bouchard, an organizer from Sunrise Movement Bay Area, explained that activists question the effectiveness of automated license plate readers. He stated that studies do not clearly demonstrate their role in reducing crime and suggested public funds would be better spent on affordable housing and social programs instead of surveillance infrastructure.
Bouchard added that the group targeted Larsen’s home specifically to highlight his role in funding the technology, emphasizing the direct connection between private donors and changes in public safety policy.
Chris Larsen’s role in police surveillance fundingChris Larsen, who co-founded Ripple—a financial technology company known for the XRP cryptocurrency—has provided millions of dollars to support both public and private security camera networks in San Francisco over the past several years. His donations have funded extensive surveillance projects in multiple city neighborhoods, responding to concerns about property crimes and public safety.
In 2021, Larsen approved a $700,000 contribution to install camera networks in the Castro district. His earlier funding also enabled camera deployments in areas like Japantown and Hayes Valley.
By 2023, reports placed Larsen’s total contributions to community surveillance initiatives at around $4 million. The investments sought to bolster neighborhood safety with technologies such as Flock Safety cameras that quickly alert authorities to suspect vehicles.
In 2025, Larsen pledged $9.4 million to enable the relocation and modernization of the San Francisco Police Department’s Real-Time Investigation Center. In addition to the monetary support, Ripple provided a new space for the center through a lease agreement.
The revamped Real-Time Investigation Center now coordinates data from a network of more than 400 Flock automated license plate reader cameras across the city.
In July, the San Francisco Police Commission approved an additional $3 million contribution from Larsen to further expand technology resources for local law enforcement.
Mini dictionary: Sunrise Movement, a national youth-led organization focused on advocating for climate action and social justice, often mobilizes around local and national policies intersecting justice, surveillance, and public safety.
Community debate over technology and safetyFlock Safety, an Atlanta-based technology company, supplies automated license plate readers that gather vehicle data for public safety agencies. Proponents argue the system helps recover stolen vehicles and identify suspects in criminal investigations. However, critics say these expansive networks may infringe on privacy and have limited evidence showing a reduction in crime rates.
YearLarsen’s ContributionsPurpose2021$700,000Castro district camera network2023$4 million (total by this year)Community surveillance initiatives2025$9.4 millionRelocation, upgrade of Police Real-Time Investigation Center2025 (July)$3 millionAdditional technology resourcesActivists continue to challenge public and private reliance on automated surveillance, urging city leadership to reevaluate the balance between safety and civil liberties.
Sunrise Movement Bay Area organizer Luc Bouchard argued that investing more in housing, rather than surveillance, would deliver better results for San Francisco’s public safety concerns.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto prices are pausing today after a powerful week of gains, and the timing lines up with a major geopolitical announcement out of Washington.
XRP is up 49.5% this past week, but remains nearly flat over the last 24 hours, trading near $1.48. Bitcoin is trading near $78,738 today, up 23.4% over the past week overall, while Ethereum climbed 29.8% over the past week, and now trades near $2,468 currently. Solana and Hyperliquid also posted strong weekly gains of 26.6% and roughly 13% respectively.
The pattern across the board is the same. Big weekly gains, but a quieter 24 hours, suggesting the market may be pausing to digest fresh news rather than continuing its climb.
Bessent Announces a New Campaign Against Iran
Treasury Secretary Scott Bessent unveiled a new global economic offensive targeting Iran’s financial networks, framing it in stark terms. “Iran now faces a very clear choice, with only two paths before them,” Bessent said. “Complete global isolation and a subsistence economy, or a path back to normalcy with an opportunity to rejoin the global economy.”
He named the effort Operation Economic Outcast, describing it as an attempt to close off every remaining option available to Tehran. “Today, we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime,” Bessent said, drawing a historical comparison to the D-Day campaign.
“D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries,” he said. “Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe.”
What the Campaign Actually Targets
Bessent said the Treasury has mapped every node Iran uses to evade global sanctions, including the networks the regime relies on to smuggle oil and move money internationally. He described the approach as “zero leakage,” aimed at leaving the regime “no minimal breathing space” to rebuild funding sources tied to the Islamic Revolutionary Guard Corps.
According to Bessent, coordinated actions from the Treasury and other federal agencies are intended to block every remaining revenue stream connected to the IRGC.
Why Markets Might Be Reacting Cautiously
Announcements involving Iran sanctions and geopolitical escalation have repeatedly injected volatility into both traditional and crypto markets throughout the year, often triggering short-term risk-off behavior even when the news itself doesn’t directly target financial markets.
Today’s relatively flat 24-hour price action across major cryptocurrencies, despite a strong week overall, may mean traders taking a more careful stance while assessing how this new sanctions campaign could ripple into broader market sentiment in the days ahead.
Story Ends Here
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Digital Asset Investor, a prominent figure known for his commentary on cryptocurrencies, stated that the XRP bull market has begun. He based his view on discussions at the recent Wyoming Blockchain Symposium and changing attitudes among industry leaders including Cardano founder Charles Hoskinson.
Main industry players meet in WyomingThe Wyoming Blockchain Symposium, a conference drawing major personalities from across the digital asset space, served as a backdrop for the shift toward a bullish outlook. Among those present were Ripple Chief Executive Brad Garlinghouse and Binance founder Changpeng Zhao, together with US Senators Cynthia Lummis and Tim Scott.
Charles Hoskinson, founder of Cardano and an influential voice in blockchain development, described the symposium as a significant event bringing together key participants from both the crypto industry and political circles. He compared it to the Jackson Hole conference in traditional finance and referred to it as the “Bilderberg group of crypto,” underscoring the level of influence represented at the event.
Discussions at the symposium reportedly included topics such as regulatory clarity and the overall direction of digital assets in global financial markets. Hoskinson conveyed a sense of confidence returning to the industry, reflecting an increasingly optimistic tone among attendees.
Hoskinson assessed the event atmosphere as positive, stating, “We got our pet back on our step. The bull market’s coming. We all feel it.”
Market sentiment and XRP momentumDigital Asset Investor highlighted the shift in Hoskinson’s position, noting that just days before, the Cardano founder had expressed a more cautious view. The renewed optimism, he suggested, marked a turning point for the cryptocurrency market.
Reacting to these developments, Digital Asset Investor expressed confidence in XRP’s future, declaring: “There, you can taste it. I can taste the XRP bull run.” His perspective aligns with a broader expectation of a strengthening market cycle, driven by the involvement and confidence of leading blockchain figures.
Broader market capitalization and liquidityBeyond XRP, Digital Asset Investor pointed to the overall value of the cryptocurrency market, which he indicated stands at around $2.6 trillion. He argued that the sector is poised for substantial growth, with much larger figures anticipated as new liquidity is expected to enter the market.
Rather than focusing solely on price targets for XRP, his commentary emphasized overarching market conditions and the significant capital waiting to move into digital assets.
MetricCurrent ValueOutlookCrypto market capitalization$2.6 trillionExpecting substantial increaseXRP sentimentTurning bullishRising momentum anticipatedCommunity members, including an XRP commentator named VincentScott, drew attention to liquidity as a driving factor. He observed that the key question concerned “how much liquidity is waiting on the sidelines when momentum really kicks in.”
Digital Asset Investor’s statements reflect a view that renewed optimism among industry leaders serves as a leading indicator for further gains in XRP and the broader digital asset market.
Mini dictionary: Wyoming Blockchain Symposium — An industry event in the United States that brings together leading figures from the cryptocurrency sector, policymakers, and regulators to discuss issues shaping the digital asset ecosystem, including regulation and market growth.
Rather than specific price speculation, Digital Asset Investor puts emphasis on the scale of the entire crypto market and the influx of new liquidity into digital assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Crypto market maker Wintermute has ramped up its short exposure on the Hyperliquid derivatives platform to around $190.8 million, according to on-chain data from Onchain Lens. The move marks a notable increase from a prior position of $146.19 million and spans five of the largest tokens in the market.
A Broad Bet Across Major Tokens
The $XRP short stands out given the token's recent price strength. XRP has gained nearly 47% over the past seven days, meaning Wintermute's bearish position is swimming against a strong tide. The firm's overall book currently carries around $5.85 million in unrealized losses as a result.
Hedging or a Directional Call? Wintermute has previously described its approach as rules-based and
Sources:
CryptoRank: Wintermute Raises Short Positions to $190M on Hyperliquid
Yahoo Finance: Why Wintermute and Other Market Makers Stopped Trading During Bitcoin Crash
CryptoPotato: BTC, ETH, XRP Tumble as Wintermute Builds Heavy Short Positions
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Market-making firm Wintermute has significantly increased its bearish exposure on Hyperliquid and XRP among its largest short positions, according to on-chain data tracked by Onchain Lens.
The firm’s total short exposure has experienced a very sharp increase. Its top five short positions include Ethereum, Bitcoin, Solana, Hyperliquid’s native HYPE token and XRP.
Wintermute’s XRP short is currently valued at more than $10 million.
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Onchain Lens reported that Wintermute had increased its overall short exposure by roughly $45 million since its previous update.
Notably, Wintermute’s tracked positions were sitting at a combined unrealized loss
XRP's tumultuous week XRP is up 49.24% over seven days while open interest stands at $3.61 billion. There is a very large amount of leveraged positioning.
Binance's general account long/short ratio is 2.5651, while OKX is at 2.08. Binance's top-trader ratios are even higher: 2.8081 based on accounts and 2.2136 based on positions. In short, derivatives positioning shown here is decisively leaning toward longs (in sharp contrast to Wintermute).
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The XRP short is large in absolute terms, but it is relatively small compared with the $3.61 billion total XRP open interest. It accounts for only about 0.28% of total OI.
However, it is worth noting that XRP has so far failed to sustain its momentum like during its previous rallies.
Over the past 24 hours, $21.42 million of XRP positions were liquidated, with $12.47 million coming from longs versus $8.95 million from shorts. So longs have actually suffered more now that the cryptocurrency's momentum is waning.
If XRP continues rising, Wintermute's position could become part of the squeeze mechanism. But if XRP loses momentum, the crowded longs could make potential downside more painful.
CharuSan, a computer engineer and prominent supporter of XRP, sparked widespread attention with a bold prediction on August 23. Using the handle @CharuSan83, he stated that XRP is set to experience “the most hated pump the world has ever seen.”
Strong rally for XRPCharuSan’s post quickly went viral, accumulating thousands of views within hours. It followed a period of notable strength for the cryptocurrency, as XRP registered one of its best weekly performances in recent years.
Over the past week, XRP began trading around $0.99 and steadily climbed to a weekly high of $1.68 before settling at $1.45. This move represented a 45.5% gain for the week and established XRP as one of the leading major cryptocurrencies during that period.
XRP surged from $0.99 to $1.68, closing the week at $1.45, which marked a 45.5% increase from the previous week’s level.
Regulatory momentum in WashingtonA series of developments in the US capital provided major catalysts for XRP’s rise. The US Treasury announced it would intensify long-term bond buybacks to at least $4 billion per operation starting September 9. This triggered $3 billion in short liquidations across crypto markets, with Bitcoin crossing $72,000 and fueling a broad market rally.
On August 18, the Securities and Exchange Commission (SEC) unveiled proposed rules introducing new fundraising exemptions for crypto assets. These included a safe harbor provision that would allow tokens to avoid securities classification once their networks achieve operational independence.
A day later, US President Donald Trump hosted a summit at the White House attended by SEC Chair Paul Atkins, Commodity Futures Trading Commission (CFTC) Chair Michael Selig, Ripple CEO Brad Garlinghouse, and Coinbase CEO Brian Armstrong. Garlinghouse emphasized that the administration, SEC, and CFTC share a unified approach on crypto policy.
Mini dictionary: Ripple – A US-based technology firm best known for developing the XRP Ledger and promoting XRP for use in worldwide payments, led by CEO Brad Garlinghouse.
CFTC signals regulatory clarityOn August 20, the CFTC held its first Innovation Advisory Committee meeting, where CFTC Chair Michael Selig confirmed the regulator would proceed with formal crypto market regulations under current legal authority, regardless of whether the CLARITY Act advances in Congress. The CLARITY Act is seen as a key legislative attempt to provide clearer guidelines for digital assets, though it faces uncertainty in the Senate.
Selig’s statement eased concerns about regulatory delays, effectively lifting what many saw as a significant price obstacle for XRP. The combined impact of policy moves and regulator assurances helped drive XRP more than 60% above its weekly lows before a leveraged-driven flash crash on August 22 briefly pushed the price back to $1.50.
EventDateImpactUS Treasury buyback expansionSeptember 9 (start)Market-wide liquidations, Bitcoin risesSEC fundraising exemption proposalAugust 18Crypto assets gain regulatory clarityCFTC crypto rules announcementAugust 20Removes regulatory uncertainty for XRPWith regulatory agencies aligning and new federal actions, XRP recorded a rally of over 60% from its weekly lows before a brief correction brought it back to around $1.50.
The XRP community showed strong optimism in response to CharuSan’s forecast. Many users expressed readiness and excitement, with one describing current market conditions as a “melting face rally season.” Others voiced hopes that the predicted surge would take place before the end of the year. Overall, the sense of momentum and anticipation has grown within the XRP community, with many investors preparing for a significant price move.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP gained more than 50% in five trading days, its strongest weekly performance in 21 months, as a Treasury buyback expansion, a White House crypto summit, and aggressive whale accumulation converged on the same narrow window.
Summary
XRP surged from approximately $1.00 on Aug. 18 to a high of $1.6963 on Aug. 22, 2026, a gain of roughly 56% that marks its biggest weekly move since November 2024. The U.S. Treasury doubled long-term bond buyback operations from $2 billion to at least $4 billion per session, triggering a rapid drop in benchmark yields and pushing capital into risk assets across crypto markets. Ripple CEO Brad Garlinghouse attended a White House crypto policy summit on Aug. 19 alongside SEC Chairman Paul Atkins, advancing the CLARITY Act that would classify XRP as a digital commodity under CFTC oversight. Whale addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens in one week, pushing tracked holdings from 16.05 billion to 16.36 billion XRP while exchange outflows exceeded 240 million tokens since summer began. Spot XRP ETFs attracted $39.78 million in net inflows for the week ending Aug. 22, bringing cumulative inflows since their November 2025 launch to $1.55 billion across seven approved funds. XRP closed the week of Aug. 18 as the best-performing asset among the top ten cryptocurrencies by market capitalization, beating Bitcoin by more than 40 percentage points and Ethereum by more than 45. The move was not a single-catalyst spike. It was a compressed sequence of macro, regulatory, and on-chain events that landed in the same five-day window, each one reinforcing the next. Understanding why each catalyst mattered, and why their convergence produced a move of this magnitude, requires looking at the specific mechanics of how they interacted.
The rally also marks the first sustained price advance since the SEC settlement that correlates with improving on-chain metrics rather than pure speculation. For seven months before this week, XRP traded between $0.90 and $1.10 while Ripple’s corporate fundamentals strengthened in the background. The disconnect between token price and business development had become one of the most discussed topics in crypto markets. That gap narrowed sharply over five days.
The Treasury buyback that unlocked the rally The catalyst that set everything in motion arrived on Aug. 19, when Treasury Secretary Scott Bessent announced an expansion of long-term government bond buyback operations. The size of each buyback would double from $2 billion to at least $4 billion per operation, starting Sept. 9. The announcement came after the 30-year Treasury yield spiked to its highest level since 2007, a move that had been pressuring risk assets across every market for weeks.
Buying back bonds pulls supply off the market, pushing bond prices up and yields down. The 30-year yield fell to 5.19% within hours. Traders described the dynamic as informal yield curve control, since the buybacks effectively cap how high long-end yields can climb without the Federal Reserve having to intervene directly.
The effect on crypto was immediate. Bitcoin jumped from $62,000 to $69,000 within 48 hours, its biggest weekly gain in two years. But the impact on XRP was disproportionate. More than $3 billion in crypto short positions were liquidated during the surge, and XRP’s lower market capitalization relative to Bitcoin made it more sensitive to the rotation. Leveraged short sellers who had been betting on a continued grind below $1 were forced to cover, and the resulting squeeze amplified the underlying move.
Lower yields make bonds less attractive relative to riskier assets, which frees capital to rotate into high-beta positions. XRP, with its pending regulatory catalysts and recent technical weakness, became the primary beneficiary of that rotation among large-cap altcoins.
The White House summit and the CLARITY Act On the same day the Treasury buyback was announced, a separate catalyst emerged from Washington. The White House hosted a crypto policy summit attended by Ripple CEO Brad Garlinghouse, SEC Chairman Paul Atkins, and members of Congress who had co-sponsored the CLARITY Act. President Trump publicly urged Congress to pass the legislation, which would classify XRP and similar tokens as digital commodities under CFTC oversight rather than securities under the SEC.
The CLARITY Act represents the most significant potential shift in U.S. crypto regulation since the Ripple settlement itself. If passed, it would give XRP the same regulatory classification as Bitcoin and Ethereum, removing the last remaining ambiguity about its legal status. The crypto.news analysis of the three conditions for XRP’s recovery identified regulatory clarity as the single most important factor, with 65% of institutional allocators surveyed saying they need this classification before increasing crypto exposure.
The bill faces a Senate procedural vote on Sept. 15. Polymarket prediction contracts currently give it approximately 16% odds of passing, reflecting the difficulty of moving any legislation through Congress in the current political environment. But the market responded to the optics of the summit itself, not the probability of passage. Brad Garlinghouse standing alongside the SEC chairman and the president, discussing a bill that would formalize XRP’s commodity status, sent a signal about the direction of policy that no probability model fully captures.
XRP price jumped roughly 30% in two days following the summit, breaking a year-long downtrend in the process. The move took the token from $1.00 to $1.31 before the additional catalysts pushed it higher.
Whale accumulation and the exchange drain The on-chain data tells a story that started before the price moved. According to crypto.news reporting on whale accumulation, addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18. Total whale holdings rose from roughly 16.05 billion to 16.36 billion XRP, the highest level since the SEC settlement.
The accumulation was not limited to a single cluster of wallets. Whale transactions on the XRP Ledger surged 280% in 24 hours, with 38 large-value transfers exceeding $1 million recorded in a single trading day. The baseline for large-value XRP transactions in July and early August had averaged roughly 10 to 12 per day, making the spike to 38 a clear departure from normal activity.
More telling than the buying itself was the absence of selling. Whale transfers to Binance fell to their lowest level since 2021 during the same period, suggesting that large holders were accumulating and holding rather than flipping for short-term profit. More than 240 million XRP tokens left exchanges since summer began, reducing the available supply on order books and tightening the market.
The wallets involved in the accumulation include a mix of known institutional custodians and unidentified addresses. Analyst Ali Martinez noted that the accumulation pattern resembles the pre-rally positioning seen before XRP’s January 2026 high of $3.40, when whale addresses added similar quantities before the token rallied from $2.00 to its peak.
Ripple’s own escrow activity adds context. In August 2026, Ripple unlocked 1 billion XRP from escrow, valued at approximately $1.08 billion under its monthly program. Despite this regular supply injection, whale accumulation outpaced the new supply reaching the market, a dynamic that had not occurred since early 2025.
Spot ETF inflows and institutional re-engagement The seven U.S. spot XRP ETFs approved since November 2025 had a complicated first year. After a strong launch that saw them accumulate $1.3 billion in assets within two months, inflows collapsed through the summer. Weekly ETF inflows fell 93% to just $1.01 million for the week ending Aug. 8, down from $14.86 million the prior week. JPMorgan had predicted up to $8 billion in year-one inflows. The reality was $1.5 billion across eight months.
The week of Aug. 18 reversed that trajectory. Spot XRP ETFs attracted $39.78 million in net inflows, the strongest weekly pace since May. Bitwise Asset Management, Franklin Templeton, and Grayscale Investments led the buying. Cumulative inflows since launch reached $1.55 billion, with the funds now holding approximately 1.50% of total XRP supply.
The crypto.news coverage of ETF inflows crossing $1.55 billion noted that the timing aligned with a shift in macro sentiment following the Treasury buyback announcement. Institutional buyers who had paused allocations during the yield spike returned as soon as yields dropped, suggesting that the problem with XRP ETFs was never demand for the asset itself but the competing returns available in fixed income.
The ETF structure also matters for price mechanics. Unlike over-the-counter XRP purchases, ETF inflows require the fund to buy XRP on the open market or through authorized participants, creating direct buying pressure on the spot price. When $39 million in weekly inflows meets a market where 240 million tokens have already left exchanges, the price impact is amplified beyond what the dollar figure alone would suggest.
How this rally compares to every post-settlement XRP move XRP has produced four distinct rallies since the SEC settlement was finalized in May 2025. Each one differed in catalyst, duration, peak gain, and retracement depth. Mapping them reveals a pattern that this week’s move both follows and breaks.
Rally one: the settlement itself (May 2025). XRP jumped 42% in three days after the SEC formally withdrew its appeal and Ripple paid the reduced $50 million penalty. The catalyst was purely legal. On-chain accumulation was minimal because the news broke with no advance warning. The retracement was fast: XRP gave back 60% of the gain within two weeks as traders took profit on the news.
Rally two: the ETF approval wave (November 2025). Seven spot XRP ETFs received regulatory clearance, and XRP surged 85% over three weeks. This was the longest sustained move of the cycle, driven by genuine institutional inflows that totaled $483 million in December alone. The retracement was slower but deeper. XRP fell 65% from its January 2026 high of $3.40 to the $1.00 level it occupied before this week’s move.
Rally three: the Ripple Prime announcement (June 2026). Ripple announced conditional approval for a national trust bank charter and raised at a $50 billion valuation. XRP gained 28% in five days. The retracement was almost complete within ten trading sessions, as the market concluded that corporate milestones were not translating into token demand.
Rally four: this week (August 2026). XRP gained 56% in five days, making it the second-largest post-settlement move by magnitude. What distinguishes it from the previous three is the convergence of multiple catalyst types. The settlement rally was legal only. The ETF rally was institutional only. The Ripple Prime rally was corporate only. This week combined macro (Treasury buyback), political (White House summit), on-chain (whale accumulation), and institutional (ETF inflows) catalysts simultaneously.
The convergence matters because it creates feedback loops that single-catalyst rallies cannot sustain. Macro-driven yield drops pull capital into crypto broadly. Political catalysts direct that capital specifically toward XRP. Whale accumulation reduces available supply. ETF inflows create structured buying pressure. Each factor reinforces the others, making the rally more durable than moves driven by a single headline.
Whether this convergence produces a genuinely different outcome from the previous three rallies, all of which eventually retraced, is the central question for XRP holders heading into September.
The overbought signal and what it has meant before The Relative Strength Index on XRP’s daily chart reached 85.4 on Aug. 22, its most overbought reading since July 2025. The last time the RSI crossed 85, XRP retraced 18% within ten trading days. In three of the four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token lost at least 15% of its value within two weeks.
The technical picture is further complicated by the death cross that formed earlier in August. The crypto.news analysis of the death cross erasure explained that while XRP’s daily candle closed above both the 50-day and 200-day exponential moving averages for the first time since the bearish crossover, the 50-day EMA remains below the 200-day line. A confirming golden cross has not yet formed.
The distinction matters because three previous breakouts above both moving averages failed to produce a golden cross, each time resulting in a return below the 200-day EMA within five trading days. The current move needs to hold for at least another week before the moving average crossover would confirm a genuine trend change.
A weekend flash crash on Aug. 22 added to the uncertainty. Approximately $500 million in XRP long positions were liquidated in minutes when the price dropped sharply from $1.69 to $1.43 before recovering to the $1.46 to $1.51 range where it traded into Saturday. The event showed how quickly leveraged positions can unwind even in the middle of a strong rally, and it reduced open interest enough to partially reset the overbought condition.
Ripple’s corporate momentum and the token disconnect The irony of XRP’s 2026 performance is that Ripple the company has never been stronger. The SEC case ended with XRP retaining full trading rights in the United States. Seven U.S. spot ETFs launched and now hold nearly a billion dollars in XRP. Ripple secured conditional approval for a national trust bank charter. The company raised at a $50 billion valuation. It spent roughly $4 billion on acquisitions. Most recently, Ripple Prime raised $275 million through a private placement of senior unsecured notes with a BBB rating from KBRA, an 8.25% coupon, and a 2031 maturity date.
Yet XRP the token spent the first seven months of 2026 trading between $0.90 and $1.10 while all of this happened. The crypto.news XRP price prediction page noted the base case of $1.80 to $3.20 by 2030, a range that assumed slow and steady appreciation from the $1.00 level. This week’s move has compressed months of expected appreciation into days.
The token’s disconnect from Ripple’s fundamentals is partly structural. XRP’s supply dynamics differ from tokens like Bitcoin or Ethereum. Ripple holds billions of XRP in escrow and releases them monthly, creating a persistent supply overhang that weighs on price even when demand increases. The monthly escrow release of 1 billion XRP in August alone exceeded the total whale accumulation for the entire week. The net effect on circulating supply depends on how much Ripple returns to escrow, a figure the company reports quarterly but not in real time. In previous months, Ripple has returned between 800 million and 900 million tokens to escrow, meaning the net new supply reaching the market each month is typically between 100 million and 200 million tokens. Even at the lower end of that range, the monthly supply addition partially offsets the accumulation pressure from whale buyers.
Ripple Prime’s integration with EDX Markets and Hyperliquid to expand institutional access to spot, perpetual futures, and decentralized liquidity creates new demand channels that did not exist during the first three post-settlement rallies. Whether these channels can absorb enough supply to offset the escrow releases is one of the structural questions that will determine whether this rally holds.
The CLARITY Act as a binary event The Senate procedural vote on the CLARITY Act scheduled for Sept. 15 creates a binary event risk for XRP that has no parallel in the token’s history. If the bill passes cloture and eventually becomes law, XRP would receive the same commodity classification as Bitcoin and Ethereum, removing the final barrier to full institutional adoption. If it fails, the market would need to reprice the probability of regulatory clarity arriving through legislation versus the current patchwork of court rulings and agency guidance.
The bill’s passage is far from certain. Polymarket gives it approximately 16% odds, and the Senate procedural calendar is crowded. But the White House summit on Aug. 19 moved the conversation from theoretical to operational. The presence of the SEC chairman at a meeting dedicated to advancing the bill suggests coordination between the executive branch and the regulatory agencies that would implement it.
For XRP specifically, the CLARITY Act would resolve the last remaining ambiguity from the Ripple settlement. While courts ruled that XRP traded on secondary markets did not constitute a securities transaction, certain institutional sales remained subject to securities law considerations. The CLARITY Act would eliminate that distinction entirely, making XRP legally identical to Bitcoin for regulatory purposes.
The market appears to be pricing in a higher probability of passage than the prediction markets suggest, or at least pricing in the optionality that the political environment has shifted enough to make some form of regulatory clarity likely within the next 12 months, whether through this specific bill or an alternative path.
What to watch The 200-day EMA retest. A daily close below the 200-day exponential moving average within five trading days would repeat the pattern of three previous failed breakouts and signal that the rally was a short squeeze artifact.
Weekly ETF flow data for the week ending Aug. 29. If inflows sustain or accelerate from the $39.78 million recorded this week, it would confirm that institutional demand is genuine and not a one-week reaction to macro headlines.
The Sept. 15 CLARITY Act cloture vote. The vote itself is binary, but the political dynamics in the weeks leading up to it will shape expectations. Watch for co-sponsor additions or withdrawals as a leading indicator.
Exchange reserve levels. If the drawdown of 240 million tokens from exchanges since summer continues or accelerates, it would tighten supply further and support the price. A reversal, with tokens flowing back to exchanges, would suggest whale profit-taking.
The 30-year Treasury yield. The yield fell to 5.19% after the buyback announcement. If it climbs back above 5.50%, the macro tailwind that triggered the rally would weaken, and the rotation into risk assets could reverse.
Why did XRP surge 50% in one week? XRP gained approximately 56% between Aug. 18 and Aug. 22, 2026, driven by a convergence of four factors: the U.S. Treasury doubling bond buyback operations, a White House crypto summit advancing the CLARITY Act, whale accumulation of 380 million tokens in a single week, and $39.78 million in spot ETF inflows. The combination created feedback loops that amplified the move beyond what any single catalyst could produce.
What was the Treasury buyback and why did it affect XRP? Treasury Secretary Scott Bessent announced that long-term bond buyback operations would double from $2 billion to at least $4 billion per session starting Sept. 9. The buybacks pulled supply off the bond market, pushing yields down and freeing capital to rotate into risk assets including crypto. The 30-year yield fell to 5.19% within hours, triggering more than $3 billion in crypto short liquidations.
How much XRP did whales accumulate during the rally? Addresses holding between 1 million and 10 million XRP accumulated approximately 380 million tokens over the week of Aug. 18, according to on-chain tracking data. Total whale holdings rose from 16.05 billion to 16.36 billion XRP. Additionally, whale transactions exceeding $1 million surged 280% in 24 hours, with 38 large-value transfers recorded in a single trading day.
Is the XRP rally sustainable given the overbought RSI? The Relative Strength Index reached 85.4 on Aug. 22, the most overbought reading since July 2025. In three of four previous instances where XRP’s RSI exceeded 80 since the SEC settlement, the token retraced at least 15% within two weeks. However, the convergence of multiple catalyst types in this rally makes direct comparison to single-catalyst moves incomplete.
What is the current status of XRP spot ETFs? Seven U.S. spot XRP ETFs have been trading since November 2025, with issuers including Bitwise, Franklin Templeton, Grayscale, 21Shares, Canary Capital, and Volatility Shares. Cumulative net inflows have reached $1.55 billion, with the funds holding approximately 1.50% of total XRP supply. The week ending Aug. 22 saw $39.78 million in inflows, the strongest weekly pace since May.
What is the CLARITY Act and when is the vote? The CLARITY Act is proposed legislation that would classify XRP and similar tokens as digital commodities under CFTC oversight. A Senate procedural vote is scheduled for Sept. 15, 2026. Polymarket prediction contracts give it approximately 16% odds of passing. If enacted, it would give XRP the same regulatory classification as Bitcoin and Ethereum.
How does this rally compare to previous XRP moves since the SEC settlement? This is the second-largest post-settlement rally by magnitude (56%) and the first to combine macro, political, on-chain, and institutional catalysts simultaneously. The settlement rally (May 2025) was legal only, the ETF wave (November 2025) was institutional only, and the Ripple Prime rally (June 2026) was corporate only. Each previous rally eventually retraced between 60% and 100% of its gains.
What is XRP’s current price and market capitalization? As of Aug. 23, 2026, XRP trades near $1.46 to $1.51, with a total market capitalization of approximately $91.5 billion. It ranks among the top five cryptocurrencies by market cap. The 24-hour trading volume stands at approximately $9.3 billion, reflecting the elevated activity from the weekly surge.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile, and past performance does not indicate future results. Always conduct your own research before making investment decisions. Published Aug. 23, 2026.
Last week, a significant rally swept through the cryptocurrency market, sending prices surging across major tokens. Investors witnessed double-digit gains among leading assets including Bitcoin, Ethereum, and XRP. This sudden upswing marked a positive shift for portfolios that had recently faced lackluster performance.
XRP recovers after recent lowsRipple’s digital asset, XRP, rebounded sharply after falling below $1 to a low of $0.99 the previous week. Market sentiment had turned negative, with some traders speculating a potential drop toward the $0.80 region. However, conditions reversed following pivotal developments in US policy and investor outlook.
Market confidence received a boost after US President Donald Trump stated that the government is considering purchasing a sizeable amount of Bitcoin and indicated the US could also acquire other cryptocurrencies. This announcement accelerated bullish momentum for altcoins, including XRP.
President Donald Trump disclosed that the US will explore the acquisition of Bitcoin alongside other cryptocurrencies, sparking a renewed rally across digital assets.
CryptocurrencyLast Week’s PriceCurrent PricePercentage GainBitcoin$62,000$77,00024%Ethereum$1,800$2,50039%XRP$1.00$1.5050%In this period, an investment of $1,000 in XRP would have grown to $1,500, highlighting the scale of recent gains. The rapid turnaround caught short-term traders by surprise, driving optimism throughout the market. Analysts say that if the upward momentum continues, XRP could target the $1.75 price level.
Macro policy impact on crypto appetiteAdditional support for the digital asset rally arrived as the US Treasury detailed plans to double limits on long-dated bond buybacks. This policy typically pushes long-term bond yields lower. Lower yields can nudge investors toward riskier assets, such as cryptocurrencies, as they search for higher returns.
XRP emerged as one of the chief beneficiaries of these changes. Despite the positive sentiment, analysts caution that cryptocurrency markets are highly sensitive to policy shifts and external headlines. As a result, late entrants could face losses if market enthusiasm suddenly cools.
Investors turning to risk-on assets like XRP are urged to monitor ongoing policy changes, as shifts in financial markets can quickly alter price trends.
Ripple is a San Francisco-based technology company focused on enabling real-time cross-border payments using blockchain technology. XRP functions as the company’s native token, designed to facilitate fast and efficient transfers between financial institutions.
Mini dictionary: Long-dated bond buyback – A policy in which the US Treasury purchases existing long-term government bonds from the market to improve liquidity or manage public debt. Raising the limits of these buybacks typically lowers long-term yields, often making riskier assets more attractive to investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key Takeaways XRP posted a remarkable 51% gain this week, reaching $1.50—the strongest weekly performance since November 2024 A U.S. Treasury decision to repurchase $4 billion in long-term bonds sparked the broader crypto rally Short liquidations totaling nearly $2 billion intensified XRP’s upward momentum Large holders have positioned significant sell orders between $1.48 and $2.00, creating potential resistance Binance’s reserves stand at 2.62 billion XRP, indicating substantial available exchange supply XRP experienced a powerful 51% rally this week, hitting $1.50 on August 23. This represents the token’s strongest weekly showing since November 2024. The performance significantly outpaced bitcoin’s 22%, ether’s 30%, and Solana’s 28% gains during the identical timeframe.
XRP Price The primary trigger came from the U.S. Treasury Department. Between September 9 and November 4, Treasury officials plan to repurchase $4 billion or more of their own bonds with 10- to 30-year maturities, effectively doubling the earlier $2 billion threshold. Market participants interpreted this action as an indication that authorities might be attempting to control escalating bond yields.
Long-term bond yields climbed to their highest points since 2007 earlier in the week. This development sparked worries about government borrowing expenses and dampened enthusiasm for riskier investments. The Treasury’s buyback program calmed these fears and triggered widespread gains throughout the cryptocurrency market.
XRP’s rally also benefited from substantial short position liquidations. According to Coinglass data, approximately $2 billion worth of short bets were forcibly closed this week. Such compulsory purchasing activity can rapidly accelerate price movements.
Major Holders Establish Resistance Zones Market observer CW shared on X that significant sell orders from large holders are positioned at $1.4824, $1.69, $1.70, $1.80, $1.95, and $2.00. CW identified several of these resistance points as originating from substantial Coinbase-associated wallets. The analyst also highlighted a major buy order near $1.30 that could provide downside protection if prices retreat.
CW observed that the closest sell barrier remained intact. According to the analyst, a decisive move above this level could create a path toward $2.15 with minimal obstacles between current prices and that target.
Bitstamp records indicated XRP was changing hands near $1.48 on August 23, following an intraday peak of $1.52. Daily trading activity totaled approximately $13.23 billion across 24 hours. The token’s market capitalization stood around $92.72 billion.
Exchange Supply Remains Elevated on Binance According to CryptoQuant analytics, Binance currently maintains approximately 2.62 billion XRP in its exchange wallets. This quantity accounts for roughly 2.6% of XRP’s maximum total supply of 100 billion tokens.
Source: CryptoQuant Exchange holdings had generally declined throughout most of 2026 before leveling off. Nevertheless, 2.62 billion tokens constitutes a substantial readily-available supply that could create selling pressure if market participants choose to liquidate.
Despite this week’s impressive performance, XRP has only reclaimed approximately 20% of its losses from the all-time peak of $3.65 established in July of last year. The asset traded below $1 as recently as the previous week.
CW also identified a golden cross formation between the EMA lines on the RSI indicator, characterizing it as a positive technical development. The immediate challenge is whether purchasing momentum can overcome the initial whale resistance in the $1.48 to $1.50 range.
XDC developer Quincy Jones has offered a new perspective on how XRP’s value could rise, emphasizing the significance of liquidity, asset issuance, and debt on the network rather than fixed price predictions.
XRP’s price tied to network usageIn a video shared by crypto enthusiast Amelie, Jones outlined how the future value of XRP, the digital asset used by Ripple’s network, will depend on the scale of financial activity occurring through it.
Jones argued that simple price targets alone do not capture XRP’s potential. He underscored that forecasting precise figures for XRP is highly speculative, stating that no one can definitively predict where the price may go. Jones instead focused on the relationship between network liquidity and demand generated by tokenized assets and debt instruments issued on-chain.
“So, anybody out there that’s telling you they know where the price of XRP will go has no idea,” Jones stated, adding that his perspective offered only a “tiny hint of an idea” about what could truly impact XRP’s value.
He explained that XRP provides liquidity for a variety of financial instruments, such as bonds, equities, and foreign currencies. As more assets are added to the network and rely on XRP for movement and settlement, demand for the cryptocurrency could increase accordingly.
Mini dictionary: Quincy Jones — A developer in the XDC blockchain ecosystem, recognized for technical commentary on interoperability and asset tokenization in blockchain networks.
Asset and debt issuance may impact liquidity demandJones further outlined that XRP’s network could see increasing demand as more assets—equities and debt—are issued on it. He remarked that the amount of liquidity needed would rise if substantial amounts of financial value move through the system via both asset types.
Jones added, “XRP is only bound by the fiscal responsibility of the people that issue assets on it.”
He highlighted that the potential value represented on the network could be difficult to quantify due to the vast scale of global finance. Jones cited hypothetical scenarios in which XRP’s price could theoretically reach $100, $100,000, or even $1 million. However, he emphasized that these figures were not forecasts, but rather illustrative examples showing the impact of asset issuance volume.
Debt issuance could further boost network activityUsing a scenario where $100 trillion in equity and an additional $500 million in debt are issued through the network, Jones argued this combined activity could significantly expand the total value moving on-chain. He noted that as blockchain adoption grows globally, the amount of financial assets issued and settled on these networks could increase at an unprecedented scale.
X Finance Bull Academy also referenced Jones’ viewpoint, stating the correlation between liquidity requirements and price is crucial if XRP is used as a bridge for significant financial value.
Jones’ analysis suggests that adoption, particularly institutional use to issue new assets and debt, may shape XRP’s future liquidity demand more than any individual price target.
ScenarioEquity IssuedDebt IssuedXRP Potential Price (Hypothetical)Low adoption$100 billion$1 billion$100Global financial integration$100 trillion$500 million$100,000 to $1 millionDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP price traded near $1.47 on Aug. 24 after gaining 47.5% in seven days, putting the payments focused cryptocurrency on course for its strongest weekly performance since November 2024.
Summary
XRP price traded near $1.47 on August 24, gaining 47.5% across seven days after breaking higher. Treasury doubled planned long bond buybacks to at least $4 billion per operation starting September. Marketwide short liquidations exceeded $1.2 billion during one 24-hour period, accelerating the broader cryptocurrency rally. Binance XRP leverage reached its highest level since early 2026, increasing two sided liquidation risks. XRP price remains nearly 60% below its July 2025 record high despite its sharp weekly recovery. The token rose 1.2% over the previous 24 hours and traded between $1.44 and $1.54, according to crypto.news data. Daily trading volume stood at approximately $4.72 billion, while market capitalization reached $92.3 billion.
The crypto briefly moved above $1.50 before giving back part of the advance. The token remains about 59.6% below its July 2025 record of $3.65, showing that the rally has recovered only part of the previous bear market decline.
Treasury buybacks helped XRP and risk assets rally The advance began after the U.S. Treasury announced larger liquidity support buybacks for long dated government debt.
Treasury will raise the maximum amount purchased in individual operations from $2 billion to at least $4 billion. The change covers nominal securities in the 10 to 20 year and 20 to 30 year maturity ranges beginning Sept. 9.
The larger operations will remain in effect through Nov. 4, according to the official statement.
Long term Treasury yields initially fell following the announcement, while the U.S. dollar weakened and risk assets advanced. Lower yields can increase the relative appeal of assets that do not provide fixed income, including cryptocurrencies.
Some traders interpreted the move as a possible step toward “yield curve control.” However, Treasury described the operations as liquidity support for parts of the bond market receiving large volumes of eligible offers.
Yield curve control would generally involve a central bank targeting specific interest rates through potentially unlimited purchases. Treasury’s scheduled and capped operations do not meet that definition. Any claim that the announcement confirms future monetary easing remains speculative.
Marketwide short liquidations accelerated the move The rally coincided with a large reduction in bearish derivatives positions. CoinGlass data cited during the initial breakout showed approximately $1.2 billion in cryptocurrency shorts liquidated within one 24 hour period.
Those liquidations covered the wider cryptocurrency market rather than XRP alone. Available data does not support the claim that nearly $2 billion of XRP short positions were liquidated during the week.
A short liquidation occurs when an exchange forcibly closes a bearish leveraged position because the market has moved too far against it. The resulting purchases can push prices higher, forcing further liquidations and creating a short squeeze.
The crypto also received support from spot demand. As previously reported, large holders accumulated approximately 380 million tokens during the week as XRP Ledger transactions exceeding $1 million increased sharply.
The accumulation data does not identify the owners or their intentions. Large transfers can represent purchases, internal wallet movements, custody changes or exchange activity.
Rising XRP leverage raises reversal risk The estimated leverage ratio for XRP derivatives on Binance has climbed to its highest level since early 2026, according to CryptoQuant figures.
An increasing ratio means open interest is growing relative to the exchange’s XRP reserves. It does not reveal whether traders are predominantly bullish or bearish, but it indicates that more market exposure depends on borrowed capital.
High leverage can extend a rally when rising prices force short sellers to close. It can also deepen a correction when long positions are liquidated. The token could therefore experience larger movements in either direction while leverage remains elevated.
Meanwhile, the daily chart supports the stronger momentum. XRP’s price breakout was accompanied by volume of 77.59 million tokens, while the Chaikin Money Flow remained positive at 0.13. The Klinger Oscillator stood at 18.31 million, above its 10.1 million signal line, indicating continued buying pressure despite short term profit taking.
XRP price chart, source: crypto.news Crypto analyst EGRAG Crypto said XRP price remains inside a broader range until it closes above his identified resistance zone. His forecast that the token could eventually reach $6 to $7 assumes another large expansion based on earlier market cycles.
#XRP – The Range Before The Parabolic Move 🚀:
I consider myself as one of the biggest PERMABULLS when it comes to #XRP. But when it comes to TA, I have to respect:
👉Structure > Opinion > Bias
Until $XRP breaks and closes above the green-arrow zone, we are still trading the… pic.twitter.com/bL8Gk2eyvN
— EGRAG CRYPTO (@egragcrypto) August 23, 2026 The target is speculative and is not supported by a confirmed breakout. Historical percentage gains do not establish that a similar move will occur again.
XRP price must hold its breakout structure The immediate resistance area sits between the recent $1.54 high and the next psychological level around $1.60. A sustained close above that region would confirm that buyers remain active after the initial short squeeze.
The first nearby support is around $1.44, the lower end of the latest daily range. A deeper decline toward $1.30 would return the crypto price to the area traded during the earlier stage of the breakout.
XRP’s price 35.2% monthly gain supports the improved medium term structure. However, its 51.5% decline over the past year and continued distance from the record high show that a broader recovery has not been completed.
The U.S. policy outlook also remains relevant. In related coverage, uncertainty surrounding the CLARITY Act continued to weigh on XRP before the latest marketwide rally.
Traders will now watch whether spot demand continues after liquidations subside. The Sept. 9 start of the larger Treasury buybacks, movements in long term yields and changes in Binance leverage will provide the next tests for the XRP price rally.
Ripple’s XRP is on the run to reach the same level as globally recognized payment systems such as SWIFT and also to compete with them.
With the help of Volante Technologies’ payment infrastructures, Ripple’s payment could, in the near future, serve major U.S. banks.
Community interest rises According to Whale Insider, XRP is enabled for FedNow Payments via Volante’s Ripple integration. Volante’s Ripple integration unlocked XRP for instant FedNow payments.
Volante Technologies is a payment infrastructure provider that plays the role of a universal adapter for financial institutions.
In simple terms, Volante serves as middleware for major U.S. banks. Thus, banks can use various networks such as FedNow, RTP, Fedwire, SWIFT, and now Ripple. With the connection, banks can now settle through XRP on the same rails the Fed uses for 24/7 real-time transfers.
However, it’s important to note that there’s no official Federal Reserve confirmation that positions XRP as one of the service providers for FedNow.
Although FedNow and XRP both sit on Volante options for payment, it doesn’t mean they’re connected to each other directly.
How did the market respond? Since Volante enjoys a substantial market reach, it means XRP’s ability for growth is enormous. And the market responded positively to the growing speculation over the FedNow connection.
In the Spot market, for example, demand for XRP intensified. The netflow dropped to -$12.9 million, marking the third consecutive day.
Source: CoinGlass This is a clear confirmation of the growing market optimism and speculation that FedNow links could spark another market rally. Thus, buyers have continued to buy, anticipating more gains.
Moreover, XRP’s total transaction count climbed to a four-month high of 3.2 million. The rising transactions point to rising network activity, with more users entering the network amid the FedNow news.
Source: CryptoQuant If the growing community buzz grows into something substantial, it could positively impact XRP’s price action. The altcoin could finally flip $1.6 and target $2.
For now, however, the issue of FedNow remains only a community talk, and for a true impact, it will need a direct confirmation from the Federal Reserve.
Final Summary XRP enabled for FedNow Payments via Volante’s Ripple Integration, unlocking XRP for instant FedNow payments. However, there is no official Federal Reserve confirmation that positions XRP as one of its service providers.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday, with a bullish bias but appearing stretched after surging over 23%, 31% and 53% in the previous week. Such a massive rally suggests the top three cryptocurrencies could consolidate or pull back in the short term as traders take profits.
Bitcoin’s risk of a corrective pause is risingBitcoin price trades at $77,150, extending its advance well above key Exponential Moving Averages (EMAs) and leaving the near-term bias bullish but stretched after a 23.58% surge last week. The 50-day EMA at $66,773, the 100-day EMA at $67,408 and the 200-day EMA at $71,834 now sit well below spot, suggesting a strongly supported uptrend, while the horizontal level at $80,000 acts as the next topside resistance reference above the market in this accelerated phase.
Momentum is overheated, with the Relative Strength Index (RSI) holding in overbought territory at 78 and the Moving Average Convergence Divergence (MACD) deeply positive, hinting that while buyers remain in control, the risk of a corrective pause is rising.
On the downside, any pullback is likely to first eye the 200-day EMA near $71,834, with additional EMA cushions at $67,408 and $66,774.
On the topside, a sustained push toward the $80,000 area would keep the uptrend intact despite the overbought momentum backdrop.
BTC/USDT daily chartEthereum trades at $2,415, holding a bullish near-term bias as price remains comfortably above the 50-day, 100-day and 200-day EMAs. The clustering of the short- and medium-term EMAs below the market suggests a well-supported uptrend, while the RSI near 76 hints at overbought conditions. The MACD is firmly positive, reinforcing strong upside momentum, though the elevated readings suggest a corrective pause is possible.
On the topside, immediate resistance is seen at the horizontal barrier around $2,500, followed by a more significant cap near $3,000.
On the downside, the first layer of support is the current trading area, with deeper protection from the 200-day EMA near $2,142 and the psychological $2,000 level. Below there, the 50- and 100-day EMAs around $1,984 and $1,973, respectively, should offer additional demand before any move toward the distant structural floor at $1,385.
ETH/USDT daily chartXRP surges over 50%XRP price trades at $1.467 on Monday, extending its strong upswing after surging over 50% in the previous week. Moreover, XRP is above the 50-day, 100-day, and 200-day EMAs at $1.141, $1.181, and $1.350, respectively, which now underpin a clear bullish near-term bias.
The move has been fueled by heavy participation, with recent volume well above prior weeks. At the same time, the RSI at 78 sits in overbought territory, hinting that the rally is stretched even as the MACD remains firmly positive, reinforcing upward momentum.
On the downside, initial demand is expected around $1.350, where the 200-day EMA clusters with prior price action, ahead of horizontal support at $1.300; deeper pullbacks would expose the 100-day EMA at $1.181 and the 50-day EMA near $1.141, with $1.000 marking a more distant structural floor.
On the topside, the next notable resistance is the horizontal barrier at $1.900, and with momentum already overheated, any test of this level could trigger profit-taking and a corrective phase toward the underlying EMA supports.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
(This story was corrected on August 24 at 05:13 GMT to say, in the second paragraph, that the horizontal level at $80,000 acts as the next topside resistance, not support.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
Leading cryptocurrencies pulled back on Sunday after a sharp rally earlier in the week as geopolitical tensions tempered risk appetite.
Crypto Market Cools DownBitcoin climbed to $78,000, faced resistance, and then began consolidating. The apex cryptocurrency has jumped 22% over the week to hit levels last seen more than three months ago.
Ethereum’s trading volume fell 17% over the last 24 hours as it traded between $2,357 and $2,483. XRP and Dogecoin recorded notable declines.
Nearly $400 million was liquidated from the cryptocurrency market in the last 24 hours, with $220 million in bullish long positions erased, according to Coinglass data.
Open interest in Bitcoin futures fell marginally by 0.02% over the last day but remained 17% higher over the week. Retail and whale derivatives traders on Binance remained in a “Neutral” position.
“Greed” sentiment persisted in the market, according to the Crypto Fear & Greed Index.
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The global cryptocurrency market capitalization stood at $2.63 trillion, following a modest increase of 0.18% over the last 24 hours.
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Stocks Futures SlideStock futures ticked lower overnight on Sunday. The Dow Jones Industrial Average Futures fell 48 points, or 0.09%, as of 8:41 p.m. EDT. Futures tied to the S&P 500 dipped 0.03%, while Nasdaq 100 Futures slid 0.06%.
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Geopolitical tensions continued to weigh on investor sentiment as Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with more details expected Monday.
Meanwhile, investors will be watching Wednesday’s release of the July personal consumption expenditures price index for new clues on inflation.
Bitcoin Headed to $82,000?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, predicted a “little dip” for Bitcoin on Sunday evening, followed by a continuation higher to break $82,700, while viewing $74,000 as a “massive area” to buy if tested.
Van De Poppe also weighed in on Ethereum’s potential, stating that ETH is more likely to make another run toward the highs in the coming days.
On the other hand, the analyst identified $2,200 as a potential entry point on any retest of lows.
Altcoins are showing real signs of life after a rough stretch, with fresh momentum spreading across the market this week. Altcoins added roughly $215 billion between August 19 and 22, pushing Total2 up, the combined market value of all cryptocurrencies excluding Bitcoin, back above $1 trillion.
The breadth of the move stands out just as much as the size. On Binance, 56 percent of altcoins now trade above their 200-day moving average, a sharp reversal from a market where 80% to 85% of tokens had been trading below that same level not long ago.
Zcash Was the Week’s Biggest WinnerZcash surged 71.3% this past week, the biggest gain among all major tokens now, trading near $832. That kind of move puts Zcash well ahead of every other top-50 asset this week, a standout performance in a market where even the biggest names posted unusually strong gains.
XRP and Hyperliquid Weren’t Far BehindXRP climbed 48.7% this week, now trading close to $1.47, per the latest data, marking one of its strongest weekly performances in recent memory. Hyperliquid gained 38.4% over the week, with HYPE now trading near $80 overall, continuing its run as one of the most consistently strong performers in the derivatives and DeFi space.
Pump.fun has climbed 81% over the week and 2% in the past 24 hours, a move that followed the platform’s announcement of zero trading fees on Solana tokens, an aggressive push against competitor FOMO.
Even the Majors Joined the MoveWhat makes this week different from a typical altcoin pump is how broad it’s been. Even Bitcoin and Ethereum posted double-digit weekly gains of over 20% each now, with Bitcoin trading near $77,000 and Ethereum near $2,437. Solana climbed 25.8% to trade around $94, while Dogecoin rose 31% and BNB gained just over 16%.
A Reminder That Nobody Can Time the BottomOne analyst pointed to earlier comments from Binance founder Changpeng Zhao, who argued that over a two-year horizon, the opportunity cost of staying sidelined out of top altcoins likely outweighs the risk of buying before a confirmed bottom. Given how quickly this week’s move developed, that argument has aged well for anyone who stayed positioned through the recent chop.
Tokens That Haven’t Fully Moved YetNot every corner of the market has caught up. Bittensor has traded in a tighter range in recent months and could still be building toward its own breakout, according to recent analysis, while the broader AI token sector remains an area some traders are watching for the next wave of momentum to spread into.
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Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
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Following one of its biggest daily movements of the year, XRP has completely altered its short-term technical structure. After briefly rising to about $1.70, the asset is currently trading at about $1.49. The breakout was accompanied by a significant increase in trading volume.
XRP's fundamental improvements Most significantly, the whole cluster of major moving averages has been cleared by XRP. The shorter averages are located much lower at about $1.10-$1.18, while the long-term moving average near $1.35 served as the last significant dynamic resistance. Therefore, holding above $1.35 would indicate a significant structural improvement as opposed to a brief spike in volatility.
XRP/USDT Chart by TradingViewBut the rally has grown incredibly long. With a daily RSI of about 86, XRP is extremely overbought. Additionally, the lengthy upper wick at $1.70 indicates that sellers have already reacted forcefully at higher prices. The $1. 50-$1. 55 area is the immediate problem. The route toward $1.60 and ultimately the most recent intraday peak of $1.70 could be reopened by a daily close above this area.
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XRP would have comparatively little visible resistance before the $1.80-$2.00 range if it broke $1.70. A correction wouldn't always render the breakout invalid. The long-term moving average and the breakout area are located at $1.35, which is the first significant support.
The larger recovery structure is maintained if XRP is able to establish that level as support. However, a decline below $1. 35 would increase the likelihood that the explosive move was an exhaustion event rather than the start of a long-term trend reversal.
Shiba Inu building recovery structureAfter months of consistent downward pressure, Shiba Inu is trying to build a recovery structure, but the most recent rejection indicates that bulls have not yet achieved a complete trend reversal. Following an explosive move that momentarily raised the token above $0.00000600, SHIB is currently trading around $0.00000544.
SHIB/USDT Chart by TradingViewThe long-term moving average, which is currently at $0.000574, was the most significant technical barrier in the current setup since that rally was promptly rejected close to it. The fact that SHIB is still higher than its shorter moving averages is a positive development. The token has recovered the orange average at $0.00000493, and there is more support at $0.00000480 and $0. 00000457.
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As a result, the short-term structure is significantly healthier than it was in June and July. It has also gained momentum. After the rejection, RSI is now close to 64, above its signal line but not overbought. During the breakout attempt, trading volume increased significantly, indicating real market participation as opposed to a low-liquidity drift higher.
Now, SHIB must convert $0. 00000550-$0. 00000575 into support. The former March-May consolidation zone, which is located between $0. 00000620 and $0. 00000660, would be exposed after a clear break above the long-term moving average at roughly $0.00000600.
SHIB would remain susceptible to another retracement if that obstacle was not overcome. The current recovery would be weakened if the token lost $0. 00000490, and it would revert to its previous bearish structure if it moved below roughly $0. 00000455. The long-term resistance directly overhead continues to be the crucial test, but for now, SHIB has momentum.
Hyperliquid's skyrocketing continuesAfter momentarily reaching about $82.50, Hyperliquid has continued its breakout and is currently trading around $80. The move confirms that the August recovery has grown into a much larger bullish impulse and places HYPE firmly above its prior June-July peaks around $75–$77, giving the token a new local high.
HYPE/USDT Chart by TradingViewTechnically, the structure is very robust. With dynamic support presently concentrated around $63. 21, $61.10, and $58.56, HYPE trades significantly above all major moving averages. Near $52.42, the long-term average is still significantly lower. The distance between price and these averages illustrates both the strength of the move and the length of HYPE.
The biggest immediate risk is now that extension. At 80. 55, the daily RSI is clearly in overbought territory. Additionally, volume has increased significantly during the breakout, bolstering the move's legitimacy and raising the likelihood of profit-taking following such quick appreciation.
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Keeping the price between $75 and $77 is now crucial for bulls. The first significant area of support ought to be this former resistance zone. A path toward $82. 50 and possibly $85-$87.50 would be preserved if it were held. While HYPE's overall structure is still bullish while it remains significantly above the $60-$63 region, a decline below $75 would instead raise the likelihood of a deeper retest toward $70.
Bitcoin's breakout might slow downBitcoin has experienced a significant technical breakout, rising from the consolidation range of $63,000 to $65,000 to roughly $77,000 in a few daily sessions. More significantly, one of the strongest technical barriers that had kept the price contained since the start of the wider downtrend has been removed as Bitcoin has crossed its long-term moving average at roughly $71,689.
The move's credibility was increased by the breakout's significant volume expansion. Additionally, Bitcoin trades well above its shorter moving averages, which are currently centered between $65,100 and $67,500. Momentum, however, is now severely stretched. The daily RSI is at about 80, while its moving average is at about 58 points.
BTC/USDT Chart by TradingViewThat does not necessarily mean a quick reversal, but it does make further upside more reliant on consistent buying as opposed to just momentum continuation. The May peak is located between $82,000 and $82,500, and the first resistance is located around $80,000. The $85,000 region might become visible if that area were cleared, which would be another significant structural improvement.
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On a pullback, the more crucial test might occur. Because it includes the recently reclaimed long-term moving average and breakout region, the $71,500–$72,500 area now serves as the crucial support zone.
The claim that Bitcoin has moved out of its prior bearish structure would be strengthened by a successful retest. That thesis would be undermined if $71,500 were lost, exposing $67,000 to $68,000. Although BTC has currently reached the necessary breakout bulls, consolidation would be preferable to another quick vertical advance due to its overbought momentum.
XRP, Shiba Inu, Hyperliquid, and Bitcoin have all made notable technical advances, with each asset climbing past crucial resistance zones. The most significant of these moves came from XRP, which surged to $1.70 before settling near $1.49, marking one of its largest intraday swings this year. This rally was underpinned by a sharp rise in volume, indicating strengthened buyer activity.
XRP clears major resistance, but faces overbought conditionsXRP has successfully moved above a dense cluster of major moving averages, with the key long-term average at $1.35. Shorter-term averages remain between $1.10 and $1.18, highlighting the extent of the breakout. The ability to hold above $1.35 now distinguishes a sustained trend reversal from a short-lived price spike.
With the daily Relative Strength Index (RSI) now at 86, XRP appears extremely overbought, and a long upper wick at $1.70 suggests significant selling pressure at higher price levels. Immediate resistance is now seen in the $1.50 to $1.55 range. If XRP closes above this zone, it could open a path toward $1.60 and potentially a retest of the recent $1.70 high.
If XRP breaks $1.70, visible technical resistance would not emerge before the $1.80 to $2.00 range. Even if a correction follows, the breakout remains valid as long as the price stays above $1.35. A decline below this support could indicate the rally was a temporary burst of volatility rather than a full reversal.
XRP’s ability to maintain support above the $1.35 breakout level is vital for the broader recovery structure. Failure to hold this level would increase the likelihood that recent gains represented an exhaustion move rather than a bullish long-term shift.
Shiba Inu seeks to build recovery momentumAfter sustained downward pressure, Shiba Inu is attempting to establish a recovery trend. The token briefly rose above $0.00000600, but now trades near $0.00000544 after encountering resistance. Its most significant technical obstacle is the long-term moving average, now at $0.00000574, where the recent rally was quickly rejected.
On a positive note, Shiba Inu remains above its shorter-term moving averages. The token recently reclaimed the orange average at $0.00000493 and finds support near $0.00000480 and $0.00000457. The recent rejection brought the RSI to around 64—above its signal line but not yet overbought—which, combined with strong trading volume, suggests real market interest during the attempted breakout.
For a sustained uptrend, Shiba Inu needs to establish the band between $0.00000550 and $0.00000575 as support. A decisive move above the long-term average at $0.00000600 would target the next resistance, connected to the March to May consolidation zone near $0.00000620 to $0.00000660.
If Shiba Inu cannot overcome resistance near $0.00000600, the risk of retracement remains. Fall below $0.00000490 would weaken its current structure, while a drop under $0.00000455 would mark a return to its earlier bearish trend.
Hyperliquid maintains rally, but caution growsHyperliquid, a decentralized perpetuals protocol token, extended its surge, reaching $82.50 before consolidating around $80. This breakout places HYPE above its earlier summer highs of $75 to $77, setting a new local peak. The token remains well above major moving averages, with dynamic support found between $58.56 and $63.21. The long-term average sits much lower at $52.42.
The swift rally brings risk of overextension, with the daily RSI at 80.55, deep in overbought territory. Trading volume has increased substantially during this move, confirming active participation and raising the prospect of profit-taking as the asset appreciates quickly.
Holding the former resistance zone at $75 to $77 is now crucial for bulls. If maintained, a further push toward $82.50 and possibly $85 to $87.50 remains possible. However, a drop below $75 could lead to a retest of support around $70, even as the broader structure stays positive above the $60 to $63 region.
Mini dictionary: Hyperliquid is a decentralized on-chain derivatives exchange known for offering perpetual contracts and high leverage trading directly on the blockchain, without the need for a centralized intermediary.
Bitcoin shatters key resistance, enters extended trendBitcoin has staged a strong technical breakout, climbing from consolidation around $63,000–$65,000 to a recent high of nearly $77,000. The move lifted Bitcoin above its long-term moving average near $71,689—seen as a critical resistance level since the start of the broader downturn.
Significant expansion in trading volume accompanied the breakout, while Bitcoin trades well above its shorter moving averages, which cluster between $65,100 and $67,500. The daily RSI now sits at 80, signaling overbought conditions as momentum stretches higher.
Further upside is now closely tied to sustained buying rather than pure momentum. Key resistance lies at $80,000, with the May high zones around $82,000 to $82,500 marking the next major hurdle. Clearing that area could pave the way to the $85,000 region and signal a major structural improvement.
On any pullback, the $71,500 to $72,500 region will be critical for support, incorporating both the recently reclaimed long-term average and the breakout zone. A successful defense here would reinforce Bitcoin’s new positive structure, while a fall below $71,500 could expose the market to another test of $67,000–$68,000 levels.
Despite the latest overbought readings, Bitcoin’s market structure has shifted in favor of the bulls after breaking through multi-month resistance. However, sustained consolidation may be more sustainable than another rapid climb.
AssetPrice (approx.)Key ResistanceKey SupportDaily RSIXRP$1.49$1.70 / $2.00$1.3586Shiba Inu$0.00000544$0.00000600 / $0.00000660$0.00000480 / $0.0000045764Hyperliquid (HYPE)$80$82.50 / $87.50$75 / $7080.55Bitcoin (BTC)$77,000$80,000 / $82,500 / $85,000$71,500 / $67,00080Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP rallied sharply from below $1.00 to reach a local high of $1.63, before pulling back to trade near $1.53, according to a technical analysis shared by crypto analyst and trader CasiTrades. The analyst highlighted the importance of the current price area for Ripple’s native token, emphasizing that how XRP behaves at this level could determine its next major move.
Technical signals at macro Fibonacci levelsCasiTrades pointed to the macro 0.618 and 0.65 Fibonacci retracement levels as pivotal, suggesting these areas could define support or resistance for XRP. On X, the analyst stated that this is “a very critical moment for XRP to build support or confirm resistance at its macro .618/.65.”
This is a very critical moment for XRP to build support or confirm resistance at its macro 0.618/0.65 levels.
The recent price action has placed XRP within a resistance zone spanning approximately $1.53 to $1.64. On CasiTrades’s chart, the 0.618 Fibonacci level is seen near $1.6371, while another 0.618 and the 0.65 level are located around $1.5331 and $1.5320, respectively. This cluster has attracted significant attention from technical traders after the sharp rally from lower price points.
Fibonacci LevelPrice Zone0.618$1.63710.618$1.53310.65$1.5320Before this surge, XRP overcame a previous support region near $1.08 and broke above a long-term descending trendline. This breakout led to accelerating gains, putting XRP at the center of market discussions.
Community outlook and price debateTraders responding to CasiTrades’s post expressed different views about XRP’s next move. Some suggested that those who missed out on entries below $1.00 may not get another chance, as momentum appears strong. For_The_Crown expressed satisfaction with having bought XRP near $0.99 and questioned whether prices would revisit the $0.94 to $0.93 range again.
DF advanced a bullish scenario, indicating XRP could reach $1.81 before retracing in an ABC correction. According to this view, such an advance would add further evidence that the bottom is firmly in place, making a drop below $0.91 less likely. Meanwhile, trader CryptoFarsh stated that a quick rebound from $1.07 demonstrated clear demand, and highlighted a bullish crossover between the daily 21 EMA and 33 EMA. CryptoFarsh added that if this signal is confirmed on the weekly chart, it could point to sustained upward momentum.
Mini dictionary: Exponential Moving Average (EMA) is a technical indicator that gives greater weight to recent price data and is widely used by traders to identify market trends.
Traders note that recent jumps in XRP may have ended chances for lower-priced entries, while bullish signals on moving averages are attracting attention on the charts.
XRP faces critical price testAt the center of current analysis is whether XRP can build and sustain support around $1.53. If the price maintains this level, some traders believe the token could attempt another leg higher, possibly retesting or exceeding recent highs.
Conversely, failure to hold this area could result in XRP confirming resistance at the critical Fibonacci zone, which may trigger a correction. CasiTrades and other analysts are closely monitoring the price action, framing the situation as a key test following substantial gains from recent lows.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Altcoin trading on South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, has seen significant activity in the last 24 hours. Combining data from the two exchanges reveals that XRP and Official Trump (TRUMP) stand out significantly in terms of trading volume compared to other altcoins.
XRP topped the list with a total trading volume of $651.5 million, reaching approximately $411.9 million on Upbit and $239.6 million on Bithumb. XRP transactions accounted for roughly a quarter of the total spot volume across both exchanges.
Official Trump came in second on the list. TRUMP’s total trading volume across the two exchanges reached $298.7 million. Approximately $263.2 million of this volume occurred on Upbit.
According to Upbit and Bithumb data, the total trading volume of altcoins in the last 24 hours is as follows:
XRP – $651.5 million Official Trump (TRUMP) – $298.7 million Ethereum (ETH) – $138.7 million Solana (SOL) – $63.3 million Ethereum (ENA) – $57 million The Interfold (FOLD) – $52.1 million Dogecoin (DOGE) – $43.7 million Stellar (XLM) – $36.7 million Ondo (ONDO) – $33.4 million OriginTrail (TRAC) – $27.8 million Worldcoin (WLD) – $25.4 million Siacoin (SC) – $24.2 million Pump.fun (PUMP) – $20.4 million GRVT Token (GRVT) – $14.3 million Fusionist (ACE) – $9 million *This is not investment advice.
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Ripple CEO Brad Garlinghouse used a speech at the CFTC’s Innovation Advisory Committee meeting this week to make the case for passing the Clarity Act, pointing to his company’s own multi-year legal fight with the SEC as evidence of the cost uncertain regulation imposes on the industry.
A $150 Million Legal Bill
Garlinghouse said Ripple spent $150 million on outside legal counsel during its four-year lawsuit with the SEC, a fight he said most companies could not have afforded. “Other companies were bullied into submission,” he said, referring to firms he suggested settled or shut down rather than risk a similar legal battle before Ripple’s case set precedent.
The Case for Clear Rules
Garlinghouse argued the current regulatory environment remains inadequate. “The status quo is not good enough for consumers or for innovation,” he said, calling clear rules essential both to protect users and hold companies accountable, while giving compliant businesses the confidence to operate in the United States.
Hiring Moved Offshore
To illustrate the impact of regulatory uncertainty, Garlinghouse said 80% of Ripple’s hiring during its four years of litigation was outside the United States, a pattern he said left lasting effects on the company’s footprint. London remains Ripple’s second-largest office today, which he attributed directly to that period.
A Shift Under the Current Administration
Garlinghouse said the regulatory posture has changed under the current administration, crediting leadership at both the CFTC and SEC. He argued the technology represented at the meeting has the potential to make moving money faster, more efficient and more accessible, but said that potential depends on regulatory clarity being formally established.
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A hidden imbalance has formed in the XRP market, which the spot chart masks with a stable price above $1.50. While the coin continues to hold its ground, fresh data from CoinGlass and Bitfinex shows that the current wave of buying is overheated by margin capital.
Against this backdrop, traders are opening positions with enormous leverage, creating hidden risks for price stability.
XRPUSD margin longs surge on Bitfinex as market leverage peaks. Source: TradingViewThe main indicator of this imbalance has emerged on Bitfinex, where the volume of XRP margin longs has surged to a high of 6.41 billion coins. During the latest candle alone, speculators added more than 260 million XRP to their positions.
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This buying rush has spread across all major platforms: on Binance, the number of leveraged buyers is now more than two and a half times higher than the number of sellers.
The market is currently being driven not by long-term investors but by short-term speculators, which is why daily futures trading volume is almost 4.5 times higher than actual spot turnover.
Why XRP Longs Are at RiskThe real 723% imbalance is building on the buyers' side, as excessive leverage has left them exposed. While short sellers risk losing only $2.95 million, the situation on the opposite side is critical.
If the price reverses toward the longs' maximum-pain zone, a massive $24.29 million cluster of buyers will face forced liquidation—7.2 times the potential losses of short sellers.
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The market has already begun to show the first signs of instability. Nearly $29 million worth of positions have been forcibly closed over the past 24 hours, with most of those losses coming from longs. Since most futures liquidity is concentrated on Binance, any major spot sale by large holders could pull the trigger on a cascade of margin calls.
Under weekend trading conditions, this could quickly push the XRP price toward the boundaries of the margin trap near $1.
XRP has drawn significant attention after its market capitalization surged to approximately $94 billion, surpassing the estimated gross domestic product (GDP) of Belarus. Recent figures from BankXRP, referencing World Bank data, indicate Belarus is projected to reach a GDP of $93.4 billion in 2025, placing XRP’s valuation above that economic benchmark.
XRP outpaces global companies and economiesAt a current price of $1.51, as tracked by CoinCodex, XRP continues to climb the global valuation rankings. Its total market cap now exceeds not only that of Belarus, but has reportedly also overtaken Intercontinental Exchange (ICE). ICE, the parent company of the New York Stock Exchange, represents one of the most significant players in traditional financial infrastructure.
This comparison underscores the rapid expansion of XRP in the digital asset sector, especially considering the volatility and relative youth of the cryptocurrency compared to established financial firms like ICE. Only a slight increase in market capitalization would position XRP above Lithuania’s forecasted GDP of $95.2 billion for 2025, further illustrating how quickly digital assets can rival national economic outputs.
Shifts like these highlight the growing overlap between digital asset valuations and traditional financial markers, with major cryptocurrencies increasingly being compared to longstanding institutions and economies.
Open interest climbs to $3.56 billion amid heavy derivatives activityIn parallel with its climbing market cap, XRP open interest in derivatives has seen a substantial jump. ChartNerd, a market analyst, observed that open interest surged from around $2.3 billion to $3.56 billion over a short period, reflecting a significant increase in both futures and perpetual contract trading.
This escalation in open interest points to heightened market activity, although it does not clarify if the majority of traders are taking long or short positions. Increased leverage can intensify both potential gains and the risk of cascading losses during periods of high market volatility.
Growing market cap, increased derivatives volumes, and notable accumulation by large holders have combined to place XRP in a prominent position within the crypto landscape.
XRP recently broke out of a two-week consolidation phase, while large investors are reported to have acquired roughly 190 million XRP in a single day, according to sources tracking on-chain activity. The alignment of market momentum and strategic accumulation has contributed to a broader sense of anticipation surrounding XRP’s next move.
Traditional finance and Web3 convergeWhile digital assets like XRP surge in valuation and derivatives activity, a broader transformation is underway in financial markets. Wall Street firms are increasingly embracing Web3 technologies, moving beyond traditional brokers. Platforms such as 1stepSwap now enable investors to hold shares of leading U.S. companies, gold, and silver directly in their crypto wallets. By tokenizing real-world assets and executing trades at optimal prices within seconds, these solutions eliminate the need for intermediaries, reflecting major structural changes in how assets are transacted and held.
Amid these developments, XRP’s prominence has also reached the realm of U.S. policy discussions. During a Newsmax interview, Vice President JD Vance addressed questions linking XRP and other cryptocurrencies to the U.S. national debt and the possibility of including digital assets in future reserves. This signals that digital assets are gaining attention not only within markets, but also among policy makers exploring their potential financial system roles.
With open interest at $3.56 billion and XRP’s market capitalization nearing Lithuania’s projected GDP, participants are closely monitoring whether spot market demand can sustain the current rally beyond leveraged trading activity.
As XRP’s market metrics power ahead, traders and analysts are watching for further signals of either consolidation or expansion, particularly as the token edges closer to overtaking more sovereign economies and major global companies in value.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A significant imbalance has developed in the XRP market, as shown by new data from CoinGlass and Bitfinex, despite the spot price remaining above $1.50. The surface stability seen in XRP’s price is masking underlying risks linked to growing leveraged positions.
Sharp increase in margin longsOn Bitfinex, the volume of XRP margin long positions recently broke above 6.41 billion coins. In the most recent trading candle, traders increased their long exposure by over 260 million XRP, highlighting the accelerating use of leverage.
This trend is not limited to a single platform. Major exchanges including Binance are also seeing a rise in leveraged buying activity, with the number of long positions now more than two and a half times the volume of short positions. The balance between speculative bets and traditional investors has tilted heavily toward high-risk exposures.
Mini dictionary: Margin long – A position using borrowed funds to amplify buying power, which increases both the potential for gains and the risk of losses if the market moves against the position.
Short-term traders now dominate XRP markets, pushing daily futures trading volume to nearly 4.5 times the value of actual spot trading. This suggests that leverage, rather than organic demand, is fueling much of the current price action.
According to market data, the buyer side is showing an imbalance of 723%, indicating excessive risk. While short sellers’ risk exposure stands at approximately $2.95 million, the long side faces a much steeper potential loss.
PositionRisk ExposurePotential Liquidation ClusterBuyers (Longs)$24.29 million7.2 times higher than shortsSellers (Shorts)$2.95 millionReferenceIf XRP’s price moves closer to what traders call the “maximum-pain” zone for longs, a cluster worth $24.29 million could be forcibly liquidated, which is over seven times the risk on the short side.
Market instability warningSigns of instability have begun to appear. Over the past 24 hours, approximately $29 million in positions were forcibly closed, with the majority of these losses impacting leveraged longs. With futures liquidity heavily concentrated on Binance, significant selling from large holders in the spot market increases the risk of a liquidation cascade.
During weekend trading, when liquidity tends to be lower, analysts caution that this setup could quickly push the price of XRP toward the margin trap zone near $1 as liquidations cascade across the market.
Speculative leverage now dominates XRP markets, with long positions reaching unprecedented levels and exposing buyers to heightened liquidation risk if prices turn sharply lower.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP is on pace for its strongest weekly performance since late 2024, riding a surge fueled by the US Treasury’s decision to double the size of its long-term bond buyback operations. The token climbed to intraday levels between $1.30 and $1.60 during the rally, a sharp reversal from the sub-$1 zone where it had been languishing.
Weekly gains are estimated somewhere between 30% and 67%, depending on the entry point, with a single-day pop of roughly 10.4% on August 20 doing much of the heavy lifting.
What the Treasury actually did On August 19, the US Treasury announced it would expand its liquidity-support buybacks for nominal coupon securities from $2 billion to a minimum of $4 billion per operation, effective September 9. In practical terms, the government is purchasing its own longer-dated bonds at a faster clip, pulling them off the market and pushing their prices up.
When bond prices rise, yields fall. And fall they did. The 30-year Treasury yield retreated from a 19-year high of 5.337%, a level that had been making equity and crypto investors deeply uncomfortable for weeks.
Market participants quickly labeled the move “QE Lite,” a nod to the Federal Reserve’s old quantitative easing playbook. The mechanism is different (the Treasury buying its own debt rather than the Fed expanding its balance sheet), but the end result rhymes: more liquidity sloshing around the system, lower long-term borrowing costs, and a green light for risk assets. Traders also described the dynamic as “curve control,” since the buybacks effectively cap how high long-end yields can climb without the Fed having to formally intervene.
A record short squeeze amplified the move More than $3 billion in crypto short positions were liquidated during the surge, with Bitcoin shorts alone accounting for roughly $2.75 billion of that total. Bitcoin itself powered past the $68,000 mark, dragging the broader altcoin complex along for the ride.
The Fear & Greed Index swung from cautious territory toward neutral and greed as Bitcoin, Ethereum, and XRP all posted sharp gains in quick succession.
Whales and ETFs are stacking Whale accumulation of XRP accelerated during the rally, with large holders adding to positions rather than selling into strength. ETF holdings of XRP also approached nearly 1 billion tokens, a figure that underscores growing institutional appetite for the asset beyond the typical retail speculation.
Large wallets were reportedly accumulating XRP while it was still trading near $0.99, positioning ahead of a catalyst that hadn’t yet materialized.
What this means going forward The Treasury’s buyback expansion is not a one-time event. The new $4 billion minimum per operation takes effect September 9, meaning the liquidity injection becomes a recurring feature of the market landscape rather than a single shot of adrenaline.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
XRP can technically reach the same plumbing as FedNow, thanks to a payments infrastructure company called Volante Technologies. The Federal Reserve hasn’t endorsed XRP for anything, and the connection is about as direct as saying your car is “integrated” with NASA because they both use GPS.
Crypto researcher SMQKE spotlighted the relationship on August 23, drawing attention to the fact that Volante, which processes transactions for seven of the top ten US banks, connects institutions to both FedNow and Ripple’s network on a single platform. The implication, amplified across crypto media, is that XRP now powers FedNow payments. The truth is more interesting, and considerably less dramatic.
What Volante actually does Volante Technologies is a cloud-based payments infrastructure provider that acts as a universal adapter for financial institutions. Think of it as a power strip that lets banks plug into multiple payment networks simultaneously: FedNow, RTP, Fedwire, SWIFT, and yes, Ripple.
The company launched its Ripple integration back in October 2015. By 2016, Volante had added a Ripple solution to its VolPay Foundation platform. And in June 2020, Volante confirmed that its platform could settle payments through XRP via its connection with Ripple.
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Volante also became one of the first processors of FedNow transactions when the Federal Reserve launched the instant payment system in 2023. So now the same platform that offers XRP settlement also connects to FedNow. That’s it. That’s the integration.
A bank using Volante could, in theory, use XRP as a settlement asset while also accessing FedNow rails. These are two separate capabilities living under one roof, not a single pipeline where XRP tokens flow through Federal Reserve infrastructure.
The gap between capability and endorsement No official Federal Reserve confirmation exists that positions XRP as a service provider for FedNow. That distinction matters enormously.
FedNow is the Fed’s own real-time gross settlement system, designed to let banks send and receive payments instantly in US dollars. It was built to modernize domestic payments, not to serve as a bridge for digital asset settlement.
Volante’s role is as a middleware provider. It gives banks a single interface to access multiple payment networks. The fact that Ripple and FedNow both appear on Volante’s menu of options doesn’t mean they’re connected to each other any more than Netflix and Hulu are connected because they both run on your smart TV.
The key word is “optional.” Banks choosing Volante get access to XRP settlement as one tool among many. Whether any of them actually use it for FedNow-adjacent workflows is a separate question entirely, and one that neither Volante nor Ripple has publicly answered with concrete transaction data.
Why this narrative keeps surfacing The Volante connection is a legitimate technical fact that has existed for years. The Ripple integration dates back to 2015. But the crypto market has a habit of rediscovering old partnerships and repackaging them as breaking news, particularly when they can be tied to something as symbolically powerful as the Federal Reserve.
SMQKE’s post and the subsequent media coverage illustrate a familiar pattern in crypto discourse. A real but limited technical relationship gets amplified into a story about institutional adoption and government validation. The underlying facts don’t change, but the framing does.
For XRP holders, the Volante-FedNow narrative is a double-edged sword. On one side, it highlights the genuine infrastructure that exists for banks to use XRP if they choose to. Volante serving seven of the top ten US banks means the theoretical addressable market for XRP settlement is substantial. On the other side, the gap between “theoretically possible” and “actively used at scale” is enormous, and overstating XRP’s role in FedNow risks creating expectations that reality can’t support.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Xaman Wallet, the self-custodial app built by XRPL Labs and the dominant wallet for the XRP Ledger ecosystem, has removed its 0.09 XRP minimum fee on trades. The stated goal is straightforward: less friction at the entry point means more people can actually use the network’s liquidity, including traders moving smaller amounts who were previously priced out by the floor.
It is a notable reversal for a wallet that only introduced its service fee structure in late January 2025, when it rolled out a 0.8% trading fee on swaps and decentralized exchange activity, paired with that 0.09 XRP minimum. For context, the XRP Ledger’s own base transaction cost sits at roughly 0.00001 XRP. Xaman’s minimum was, by comparison, orders of magnitude higher than the network itself charges.
Why the minimum fee mattered more than it looked Removing the floor does not eliminate Xaman’s service fees entirely. The 0.8% trading fee on swaps and DEX activity remains in place. What changes is the lower bound: trades that previously couldn’t make economic sense below a certain size now have a clearer path to execution without being penalized simply for being small.
Context: Xaman’s evolving fee structure Xaman, formerly known as XUMM, rebranded as part of a broader effort to expand its identity beyond a simple transaction signing tool into a full-featured financial interface for XRPL. The January 2025 fee introduction was the wallet’s first significant shift toward a revenue model that didn’t rely on its Pro subscription tier.
That Pro subscription was itself discontinued for new customers on January 30, 2026, a decision that closed off one monetization path and reinforced the platform’s reliance on transaction-based fees. Free payment options within the wallet were preserved.
The June 2026 launch of Xaman Swap added one-tap swaps directly inside the wallet interface. Dropping the minimum fee is, in that light, a logical complement to the Swap feature: make it easy to trade, then make sure small trades aren’t punished for being small.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDR: Ripple CEO says U.S. crypto rules are nearing a turning point as the CLARITY Act heads to a Sept. 15 vote. The Senate’s Sept. 15 cloture vote needs 60 votes to advance debate on the CLARITY Act, not pass the bill. Ripple’s SEC case ended in August 2025 with a $125.04M penalty and restrictions on institutional XRP sales. The SEC and CFTC issued joint crypto guidance in March, while the SEC proposed a broader framework on Aug. 18. The United States has entered a critical phase in its long-running effort to define cryptocurrency rules, according to Ripple CEO Brad Garlinghouse. His assessment followed the CFTC’s inaugural Innovation Advisory Committee meeting on Aug. 20, where regulators, crypto executives, and traditional finance leaders met in Washington.
No August doldrums in DC this week! It was great to join the inaugural @CFTC Innovation Advisory Committee (a group I've called "the Olympic roster of crypto.") But for a “crypto” gathering, there were a LOT of TradFi players in the room like @NASDAQ, @CMEGroup, @CBOE,… pic.twitter.com/T6hjrcK2e8
— Brad Garlinghouse (@bgarlinghouse) August 22, 2026
The meeting covered digital assets, artificial intelligence, and prediction markets. It also came as Congress prepared for a September procedural test of the CLARITY Act, keeping legislation at the center of the regulatory debate.
Washington Pushes U.S. Crypto Rules Toward a Turning Point Garlinghouse described the CFTC gathering as an “Olympic roster” of industry and financial-market leaders. Members include Coinbase CEO Brian Armstrong, Uniswap Labs CEO Hayden Adams, and Chainlink Labs co-founder Sergey Nazarov.
Executives from Nasdaq, CME Group, Cboe Global Markets, DTCC, and the London Stock Exchange Group also participate, bringing traditional finance deeper into policy discussions. Against that broader institutional backdrop, Garlinghouse said participants largely agreed that older financial rules no longer adequately address modern digital markets.
That consensus also marks a notable shift from Ripple’s position seven years earlier. In July 2019, Garlinghouse and Executive Chairman Chris Larsen urged Congress not to treat every digital currency alike. They also warned that regulatory uncertainty could push jobs and investment overseas. Since then, however, the federal framework has evolved considerably.
That shift became more visible in March, when the SEC and CFTC issued joint guidance covering several crypto asset categories and transactions. The interpretation addressed staking, mining, wrapping, and airdrops while reaffirming that the Howey test remains the controlling legal precedent.
The SEC then proposed a broader framework on Aug. 18. That proposal includes new fundraising exemptions and a possible safe harbor for some digital assets. However, agency rules do not provide the same durability as federal legislation.
Sept. 15 Senate Vote Becomes the Next CLARITY Act Test That legislative focus now shifts to Sept. 15, when the Senate is scheduled to hold a cloture vote on proceeding with H.R. 3633. The measure, formally called the Digital Asset Market Clarity Act, represents the next major test for U.S. crypto regulation.
The 2:15 p.m. ET vote would not pass the bill. Instead, it would determine whether the Senate can advance toward debate, with cloture requiring 60 votes. Even if lawmakers clear that procedural hurdle, several disputes remain unresolved.
Negotiations continue over ethics provisions, illicit-finance safeguards, and other market-structure issues. Against that backdrop, President Donald Trump urged Congress on Aug. 19 to pass a “fair version” of the legislation. The bill seeks to clarify when digital assets fall under securities or commodities oversight.
It also aims to define how regulatory authority should be divided between the SEC and CFTC. For Ripple, that distinction carries added significance after years of litigation involving XRP sales. The case formally ended in August 2025 after both sides dismissed their appeals.
However, a $125.04 million civil penalty and an injunction against unregistered institutional sales remained in force. Earlier, the district court ruled that programmatic XRP sales on public exchanges were not unregistered securities offerings. By contrast, certain institutional sales were found to have violated securities laws.
That legal history helps explain Garlinghouse’s continued emphasis on congressional action. Regulators have provided clearer guidance, but a durable nationwide market structure still depends on legislation. As a result, the September vote stands as the clearest near-term test of whether Washington can turn regulatory momentum into lasting federal law.
TLDR: XRP rally: The token captured 32.20% of Upbit turnover after the exchange processed about $830 million within a single Saturday hour. Upbit volume jumped 273% to $1.84 billion on August 21, then reached roughly $3.81 billion during the latest 24-hour period. Bithumb volume rose 132.9% to $934.9 million on August 21, showing the Korean trading rebound extended beyond one exchange. Ripple added Jeonbuk Bank as its third Korean partner in 2026, while Brad Garlinghouse renewed calls for clearer United States rules. The XRP rally has placed South Korea at the center of crypto trading again. Upbit processed about $830 million within one hour on Saturday. Its 24-hour turnover later reached about $3.81 billion. XRP captured 32.20% of that activity, leading every competing asset. Coingecko data shows XRP is trading near $1.50 after a 50% seven-day gain.
Bitcoin helped revive broader risk appetite, yet Korean traders concentrated on XRP. The move extends a sharp rebound that began on August 21. Upbit daily volume then jumped 273% to $1.84 billion, its busiest day since mid-March. Meanwhile, Bithumb recorded a triple-digit increase in daily turnover.
XRP Price XRP Rally Commands Upbit as Korean Volumes Rebound XRP generated the largest share of Upbit turnover during the burst. TRUMP ranked second with 10.93%, while USDT held 8.39%. Ethereum and Bitcoin followed with 5.44% and 5.40%, respectively.
The breakdown shows a concentrated rotation rather than a uniform market rebound. XRP drew three times TRUMP’s share and almost six times Bitcoin’s. The XRP rally coincided with the token outperforming the wider crypto market over seven days.
Digital Asset Investor highlighted the Korean flow. The commentator said “XRP is smoking everything else” during the move. He linked the pattern to earlier bull cycles, when Korean trading frequently supplied substantial XRP liquidity.
South Korean investors have long treated XRP differently from many large-cap tokens. Won-denominated markets provide direct access, while XRP’s payment narrative attracts a familiar retail audience. Rapid price changes can pull sidelined traders back quickly.
The XRP rally extends beyond Upbit. Bithumb’s August 21 volume climbed 132.9% to about $934.9 million. Its later 24-hour turnover reached nearly $1.95 billion, while Coinone processed $172 million.
Those figures follow a quiet first half for Korean exchanges. Upbit and Bithumb each reported operating revenue declines near 50%. Many local investors instead favored domestic shares during the KOSPI’s artificial-intelligence and semiconductor rally.
The XRP rally now tests whether that capital rotation can persist. A single weekend cannot establish a durable trend. Still, activity across several exchanges shows the rebound extends beyond one venue or trading pair.
Ripple Expands While Washington Revisits Crypto Rules Ripple’s commercial expansion gives Korean interest another reference point. Jeonbuk Bank became Korea’s first regional bank to deploy Ripple Payments. The service targets cross-border payments and supports near real-time settlement.
The agreement represents Ripple’s third South Korean partnership during 2026. Earlier work involved Kbank and Kyobo Life Insurance. These projects cover remittances, wallet infrastructure, custody, and tokenized government-bond settlement.
That institutional activity does not directly create XRP exchange demand. Ripple Payments can operate without customers buying the token. The partnerships keep Ripple’s technology visible within Korea’s financial sector while retail turnover accelerates.
The XRP rally also arrived during renewed debate over American crypto rules. Ripple chief executive Brad Garlinghouse told a CFTC advisory panel that the company spent about $150 million on outside counsel. The spending covered its four-year legal fight with the SEC.
Garlinghouse said the approach failed consumers and innovation. His remarks supported calls for clearer boundaries between securities and commodities oversight. Definitions could shape how exchanges, issuers, and institutional investors handle digital assets.
The CLARITY Act remains central to that debate. President Donald Trump urged Congress to pass a fair version during an August 19 White House event. The bill would define oversight, although disputes have delayed Senate progress.
Source: Kalshi markets Prediction markets reflect shifting expectations after the XRP rally. Kalshi’s year-end market listed thresholds above $2, $2.50, and $3 on Sunday. Contract prices changed with trader positioning throughout the session.
At publication, traders assigned those levels probabilities of 61%, 37%, and 26%, respectively. Kalshi resolves the contracts using CF Benchmarks prices observed before December 31. A qualifying price only needs to appear once before expiration.
Cryptocurrency prices staged a strong comeback last week, with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) soaring to multi-month highs. Total crypto market capitalization jumped by more than $400 billion to over $2.6 trillion.
This article looks at the top altcoins to watch this week, including Venice Token (CRYPTO: VVV), Pi Network (CRYPTO: PI), and Ripple (CRYPTO: XRP).
Venice Token in Focus Ahead of Nvidia EarningsThe biggest market stories this month will be the latest Nvidia (NASDAQ:NVDA) earnings report on Wednesday. These results will provide more information about the AI industry and have an impact on most AI assets.
The results come at a time when Venice is doing well after soaring to $17.76, its highest level since June 8. It has jumped by over 72% from its lowest level in June this year.
Venice has done well because of the ongoing AI boom that has led to more usage. SimilarWeb (NYSE:SMWB) data shows that traffic to its website jumped by 15% to over 15 million.
At the same time, the numbers shows that its token burn has continued rising, a sign that its revenue is growing. It has burned tokens worth over $566k this month, higher than the $445k it incinerated in July.
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Technicals suggest that VVV token has moved above the key resistance level of $14.7, its highest point on July 26. It has remained above the 50-day and 100-day moving averages, a sign that bulls remain in control for now.
VVV token chart | Source: TradingView
XRP Price in Focus as ETF Inflows JumpXRP price has been in a strong surge in the past few days. After dipping below $1 earlier this month, the token soared to a high of $1.6963 on Saturday. This rally happened after the token formed a giant falling wedge pattern.
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There are two main fundamentals moving the token other than the ongoing crypto market rebound. First, XRP ETF inflows have continued rising in the past few months. They have added over $43 million in assets this month after adding $27 million in the previous month. These funds now hold $1.3 billion in assets.
Second, XRPL’s role in the stablecoin market has continued to improve. The amount of RLUSD stablecoins in circulation has soared past $2 billion, with those on XRPL about to cross the $1 billion mark. A key risk, however, is that XRP has become highly overbought.
Pi Network Price in the Spotlight Ahead of Key UpgradePi Network token has remained inside a narrow range in the past few days, underperforming top tokens like Bitcoin and Ethereum. The token wavered even after the network completed the Protocol 26 Upgrade on the mainnet.
This upgrade will now be followed by Protocol 27, which introduces more capability, including an introduction of more flexible and secure smart contract authentication capabilities. It will also introduce more ways for accounts and applications to authorize transactions.
A key risk for the Pi token is that it has formed a bearish flag pattern, a popular bearish continuation sign. Also, the network continues to unlock substantial tokens each day.
According to monitoring by Onchain Lens, market maker Wintermute has recently continued depositing funds into Hyperliquid and expanding its short positions. Its total short exposure has risen from the previous $146 million to $191 million, adding approximately $44.58 million in short positions. Currently, its top five short positions are: ETH (~$53.02 million), BTC (~$30.66 million), SOL (~$22.62 million), HYPE (~$11.43 million), and XRP (~$10.19 million). The address currently has an unrealized loss of roughly $5.85 million. Additionally, Wintermute is transferring large amounts of funds to centralized exchanges such as Binance; the scale of its CEX perpetual contract positions remains to be further observed.
XRP is holding above a critical support level following a recent liquidation-driven pullback, with several underlying fundamentals pointing to renewed upside momentum.
Support Holds at a Key Structural Level
XRP briefly dropped below the previous quarter’s value area high near $1.43 during a liquidation spike, a move that initially signaled a possible local top forming. Since then, price has held above that level, which traders are treating as the most important technical marker in the current setup.
A confirmed break below $1.43 would hint the recent high was in fact a local top, while holding the level keeps the door open for a push toward the next target at $1.82.
RLUSD Growth and ETF Inflows
Two fundamental developments are being cited as supportive of XRP’s price. RLUSD, Ripple’s stablecoin, has grown to $2.1 billion in circulation, up from $1.57 billion on August 12.
That growth is viewed as a positive signal because it represents real revenue for Ripple independent of XRP’s market capitalization, potentially reducing the company’s reliance on XRP sales for funding. Separately, XRP-linked exchange-traded funds have recorded more than $40 million in net inflows.
Order Flow Favors XRP Over Bitcoin
XRP’s price action against Bitcoin, tracked through the XRP/BTC pair, showed signs of stabilizing after losing ground the previous day. Order flow data showed longs closing and shorts opening since Thursday afternoon, yet price held steady through that shift, a combination viewed as a constructive sign despite elevated funding rates that would typically be expected to ease under selling pressure.
What Comes Next
A confirmed breakout above $1.55 is being treated as the key confirmation level for a move toward $1.82, with that scenario viewed as most likely to play out over the coming week, potentially extending into September. A break lower in Bitcoin toward the $70,000 to $74,000 range was flagged as the main risk that could pull XRP down with it.
Story Ends Here
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XRP experienced a strong rally over the weekend, jumping to an intraday high of $1.6963 before retreating to $1.4578 as the recent upward momentum slowed. The move left Ripple’s token 47% above its 2026 low of $0.9905, reached on August 11 following a bridge exploit that briefly drove XRP below $1 for the first time since late 2024.
ETF inflows support XRP rallyXRP’s recent price gains were largely driven by a broader cryptocurrency market upswing, with Bitcoin approaching $80,000 and Ethereum extending its rally. Market optimism lifted most altcoins, including XRP.
The positive sentiment also resulted in a sharp increase in inflows to XRP exchange-traded funds (ETFs). Data reveals that spot XRP ETFs attracted $39.7 million in new capital last week, a significant rise from the $2.25 million added the week before.
Cumulatively, XRP ETFs have now seen over $1.5 billion in inflows and currently hold more than $1.3 billion in net assets under management. The largest products in this segment are operated by asset managers such as Bitwise, Franklin Templeton, and Canary.
ETF inflows are seen by some analysts as a reflection of rising demand for XRP from both retail and institutional investors. This surge in demand came after market intervention by Scott Bessent, a prominent hedge fund manager, in response to a recent spike in 30-year US Treasury yields.
Mini dictionary: Scott Bessent is the founder of Key Square Capital Management and has previously served as chief investment officer at Soros Fund Management, making him a widely followed figure in financial markets.
The confluence of macroeconomic factors and ETF inflows amplified volatility in XRP trading during the week.
ETFLast week’s inflowCumulative inflowNet assetsSpot XRP ETFs$39.7 million$1.5 billion$1.3 billionRipple USD (RLUSD) and XRP Ledger expansionAnother factor contributing to XRP’s performance is the rapid growth in Ripple USD (RLUSD), Ripple’s own stablecoin launched in late 2024. RLUSD’s market capitalization has risen above $2.07 billion for the first time, cementing its status as a fast-rising competitor in the stablecoin market.
Trading volumes for RLUSD reached $753 million within 24 hours, underscoring its increasing utility. The Ethereum blockchain hosts the majority of RLUSD’s supply, while $988 million of the stablecoin now circulates on the XRP Ledger, approaching the $1 billion mark.
Mini dictionary: RLUSD is Ripple’s official US dollar-pegged stablecoin. Stablecoins are cryptocurrencies designed to maintain a stable value, typically by being backed with traditional assets like the US dollar, and play a crucial role in providing liquidity across blockchains.
Analysts view RLUSD’s rapid expansion on the XRP Ledger as a sign that on-chain utility could further bolster XRP’s value in the months ahead.
Risks and technical signalsDespite the recent rally, concerns remain over possible market pullbacks. Some analysts warn that the broad-based surge could represent a dead-cat bounce, where assets rebound temporarily before resuming a downward trajectory.
Macroeconomic worries persist, with elevated inflation raising the possibility that the Federal Reserve may increase interest rates, potentially weighing on risk assets like cryptocurrencies.
Technical indicators show that XRP became highly overbought. The daily chart reveals a pronounced rebound after the formation of a falling wedge pattern, a setup often considered a bullish reversal signal. XRP broke above key resistance at $1.1580 and moved past both the 50-day and 100-day exponential moving averages, which are typically interpreted as signs of bullish momentum.
The Relative Strength Index (RSI) for XRP surged to 85.50, signaling overbought conditions. Historically, assets with such high RSI readings often undergo corrections as traders take profits. A potential retest of the $1.1580 support could occur if profit-taking accelerates.
XRP’s latest price surge stands out within the broader altcoin market. However, the sustainability of this momentum will likely depend on the stability of macroeconomic conditions and ongoing inflows into ETFs and RLUSD.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP’s entry into the US Federal Reserve’s instant payment service, FedNow, is taking shape through an established technology provider, Volante Technologies. Crypto researcher SMQKE claimed that Volante’s confirmed Ripple integration may allow participating institutions to utilize XRP for settlement as they connect to FedNow.
Volante bridges Ripple and FedNowVolante acts as an intermediary between financial institutions and major payments networks, including FedNow and The Clearing House’s RTP network. The company’s platform enables banks and payment providers to access multiple networks efficiently, simplifying transactions across otherwise separate rails.
Volante has confirmed that its platform can offer XRP as a settlement option via its direct integration with Ripple’s network. Since October 2015, Volante has maintained this capability, further expanding it in 2016 by incorporating Ripple’s solution into its payments development platform, VolPay Foundation.
Financial institutions using Volante already have the infrastructure to facilitate XRP settlements, putting them in a strategic position as FedNow adoption increases. SMQKE emphasized the significance of Volante’s multi-network approach combined with Ripple integration, as it potentially gives institutions access to XRP-conducted settlements while connecting to FedNow.
Volante’s multi-network status and active Ripple integration put XRP within reach for any institution linking to FedNow through service providers.
Service providers lead connectivityThe 2023 Faster Payments Barometer, which surveyed organizations on their FedNow and RTP connectivity strategies, found that 47% of respondents preferred third-party service providers for connecting. Only 32% planned to link directly to each network.
Deepak Gupta, SVP and Global Head of Payments-as-a-Service at Volante, referenced the 2023 Barometer and explained that third-party providers can “quickly connect institutions to multiple networks,” confirming Volante’s key market role.
This trend is reinforced by the emphasis on interoperability across the payments landscape. According to the same survey, 92% of respondents considered interoperability across systems important. Volante’s model directly addresses this need, especially as it now includes XRP as a supported settlement asset.
The interoperability focus revealed in the 2023 Barometer aligns with Volante’s offering, as its platform supports seamless connections across multiple payment systems and integrates alternative settlement methods like XRP.
Infrastructure enables instant settlementVolante’s integration with Ripple has been active for years, and a Twitter exchange in June 2020 confirmed the platform can use XRP as a settlement mechanism. In partnership with Ripple, Volante enhanced its capabilities to simplify bank connections to Ripple’s real-time cross-border payments network.
This longstanding integration means that institutions routing FedNow or RTP transactions through Volante already have access to XRP settlement, without any additional technical barriers.
Because the payments landscape can shift dramatically with regulatory decisions or new altcoin listings, market participants have started opting for consolidated, privacy-first tools. Modern solutions like CryptoAppsy provide real-time charts, smart alerts, coin-specific news, and macroeconomic data, all in a single dashboard without requiring account setup. This approach helps investors monitor both infrastructure developments and rapid price movements without needing several apps.
SMQKE pointed out that XRP’s connection to FedNow through Volante is neither hypothetical nor pending. The technical link is confirmed and operational, providing immediate access for financial institutions seeking faster and more diverse settlement options.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
23 August 2026 | 10:37 XRP’s breakout ran into a wall almost immediately. The token couldn't turn $1.55 into a floor and is now drifting near $1.45 after a sharp retreat from its $1.70 top.
Key Takeaways The $1.55 breakout level gave way before buyers could establish it as support. Intraday selling hit a low of $1.43 during the pullback. The $1.35-$1.40 zone stands out as the next crucial demand pocket. Open interest has cooled off slightly, shedding some excess leverage. Today’s daily close will determine if this correction deepens. The $1.55 support flip fell through In yesterday’s XRP analysis, $1.55 was the line in the sand. It marked the old May swing high, the exact spot bulls needed to defend to keep momentum rolling toward $1.70.
XRP daily price chart highlighting the pullback after an explosive bullish rally. They barely got a chance to try. After a brief spike to $1.70, XRP slipped right back under $1.55 instead of building a base above it. Price action bottomed at an intraday low of $1.43 before stabilizing around $1.45 at the time of writing. Just like that, the market dropped back below the breakout checkpoint and started hunting for fresh liquidity.
A pullback like this stings, but perspective matters. CoinGlass data shows XRP down roughly 9% over 24 hours, yet still sitting on a massive 45% gain for the week. A violent correction after a 60%+ sprint is textbook crypto behavior. It only turns toxic if buyers completely abandon the lower levels that actually matter.
$1.35-$1.40 is the next real stress test That initial bounce near $1.43-$1.45 is just a knee-jerk reaction, not a confirmed base. If bears keep the pressure on, look straight to the $1.35-$1.40 band. That zone acted as a heavily traded price shelf all through April and May, giving it way more technical weight than some random psychological number.
A controlled slide into that region, followed by a daily close back above it, would give XRP some breathing room to digest its massive advance. If that happens, bulls can reset and try to reclaim $1.55 before setting their sights back on $1.70.
Lose $1.35-$1.40 on a daily close, however, and the narrative shifts a bit harder. At that point, the 200-day moving average near $1.27 becomes the primary safety net, backed by the 100-day average at $1.15 and the 50-day average down near $1.09.
Derivatives cool down, but futures still run the show The futures market looks a bit healthier than it did at the peak. Open interest dropped from roughly $3.87 billion down to about $3.53 billion, a roughly 9% purge that suggests some of the froth has finally been wiped out.
Don’t mistake that for calm waters, though. CoinGlass figures show XRP futures racking up $11.99 billion in 24-hour volume compared to a mere $2.99 billion in spot turnover. Derivatives traders are still out-trading the cash market by a factor of four.
That kind of imbalance leaves XRP prone to sudden whiplash in either direction. If support holds while open interest stays low, this pullback is just a healthy reset. But if eager speculators pile fresh leverage back in before $1.55 is safely recovered, the market is setting itself up for another brutal flush.
Today’s close might tell the real story The daily RSI is still hovering above 85, a glaring reminder that XRP’s engine is running hot even after the sell-off. That doesn’t mean a total collapse is guaranteed tomorrow, but it does mean a straight shot back to all-time highs is unlikely.
The roadmap from here is pretty straightforward. Holding $1.43-$1.45 keeps the bleeding to a minimum. A deeper dip that manages to find willing buyers at $1.35–$1.40 keeps the macro recovery intact. And a decisive daily reclaim of $1.55? That would prove the failed support test was just a temporary fakeout.
For now, XRP is stuck in that awkward phase of a raging bull run where the market has to prove real demand exists long after the momentum chasers have already locked in their profits. Tonight’s close could tell us whether this is just a standard shakeout, or the start of a much wider unwinding.
This article is provided for informational purposes only and does not constitute investment advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The answers were not as bullish as the XRP Army might have hoped.
What a time to be a part of the cryptocurrency markets. Unless, of course, you shorted the market on Wednesday. Then, you might have been caught on the wrong side.
XRP was a no-show for weeks (and months). The token lost multiple key support zones on its painful way down and eventually slumped to $1.00. It even dipped below that level on a couple of occasions last week for the first time in 21 months.
Then it all changed. On Wednesday afternoon bitcoin rallied the altcoin troops and initiated a market-wide revival. Ripple’s token was a little late to the party, but once it arrived, it blew the roof off this place by skyrocketing from $1.00 to $1.42 within a day or two, marking a multi-month high. The bulls kept going until Saturday morning, driving the asset to $1.70 – or a 70% surge in days.
However, it was violently rejected there and is now back toward $1.40. As such, the question is whether the bear market has ended. After all, XRP is well in the green on a weekly and monthly scale.
Has It? Has It? First, we asked ChatGPT. It admitted that the move was “huge” and that it “absolutely changes the short-term picture.” However, it cautioned investors that it doesn’t necessarily mean the bear cycle has ended. In fact, it put the odds that the $0.98-$0.99 low was the bottom at just 55%, compared to 70% that BTC’s $57.8K drop in early July was as low as the asset would go.
As such, ChatGPT noted that there’s still a 45% probability that this was a relief rally inside a broader bear market.
“The reason is simple: $1.60-$1.70 is exactly where XRP starts confronting the long-term trend, not where it conclusively breaks it.”
Grok outlined the bigger picture. Even with the brief surge to $1.70 (and subsequent retracement to $1.40-$1.45), XRP remains roughly 60% away from its July 2025 all-time high. It’s also deep in the red on a YTD scale, even though this recovery is “not trivial.”
You may also like: BTC, ETH, XRP Tumble as Wintermute Builds Heavy Short Positions Ripple (XRP) Hits $1.42 After Breaking Crucial Resistance Zone: Is the ATH Now Back in Sight? Ripple Whales Go Crazy as XRP Price Can’t Stop Surging The positive side of the coin suggests that large market participants, often referred to as whales, have returned to the XRP scene, purchasing millions of tokens in the past week alone.
Technical Hurdles Gemini was also quite cautious when concluding whether XRP had turned the tables. However, it outlined a few major hurdles still in its path that remain far above and have to be overcome for a full reversal. The first is the 33-month EMA, which lies at around $1.60. XRP has challenged it unsuccessfully so far, and it has emerged as the first major obstacle on the path to full recovery.
On the plus side, XRP has seemingly reclaimed the 200-day EMA located at around $1.34. If it manages to close above it on the weekly scale, it could shift the narrative from bearish to bullish.
Consequently, Gemini’s verdict, which was pretty similar to the ones from ChatGPT and Grok, is that the aforementioned rally proves that “heavy demand still exists at key psychological levels.”
“However, until XRP can cleanly break and hold above the 200-day EMA and the $1.60 structural resistance, this move is technically classified as a ‘relief rally’ within a broader consolidation phase.”
Is the market crossing the threshold from cautious optimism to outright euphoria?
Technically, this week was the most bullish since the Q3 2025 cycle began. XRP is arguably the best asset in this regard, rising over 46% this week and forming a long upper shadow at 1.70, its highest price in more than seven months. XRP was also the best-performing large-cap asset on a weekly basis.
Nevertheless, the past 24 hours could teach optimists a lesson about the market environment. As the chart below shows, XRP closed the day at $1.46, marking a sharp 14% pullback from the $1.70 local top. Furthermore, if we consider all large-cap assets, including Bitcoin [BTC] and Ethereum [ETH], the flash crash most affected XRP. This is the most evident sign that the asset’s bullish trend could soon reverse.
Source: TradingView The outcome? A cascading bloodbath.
According to data from CoinGlass, more than $250 million in long positions were liquidated, accounting for over 72% of all liquidations, and those traders who expected the price to continue to rise have suffered significantly. Interestingly, the market seems to have shrugged off the turmoil, with analysts believing that the price will head to $2 by the end of the third quarter of this year.
But is the market starting to outrun reality? Could Ripple’s [XRP] current setup turn into a textbook bull trap, putting more long positions at risk and leaving XRP vulnerable to a deeper correction?
XRP’s extreme optimism could spell trouble XRP price predictions are becoming increasingly bullish, with analysts growing more optimistic.
However, technical factors currently drive the bullishness. The analyst notes that a similar setup to the 2024 XRP rally, which saw the price spike over 650%, is beginning to emerge. This is believed to indicate that further gains are likely, with many pointing towards the $2 level on social media.
Meanwhile, it is also worth mentioning that XRP bulls are beginning to see their optimism reflected in on-chain activity. As the chart below indicates, the Binance funding rate for XRP has climbed to a two-week high of 0.01%, suggesting that traders are beginning to deploy more aggressive long positions.
Source: CryptoQuant While funding rates being positive are generally bullish, it is crucial to note that rates climbing too quickly can be a sign of market weakness. If too many traders are opening long positions at once, there is likely to be a wave of liquidations should the price move sharply lower.
Notably, this appears to be what has happened over the last 24 hours, with the XRP price falling nearly 14%, the largest drawdown among top high-caps. Plus, over $250 million in long liquidations have occurred as traders scramble to reduce their exposure. This development could serve as a much-needed “reality check” for XRP after its roughly 45% weekly increase, which may have caused some traders to feel overly bullish.
As such, technical indicators may not always be reliable, and in the case of XRP, the growing number of longs may very well lead to a bull trap before the price breaks out towards $2.
Final Summary XRP’s 46%+ rally has made traders very bullish. However, rising longs and funding rates show the market may be overheating. The recent 14% drop and $250 million+ in long liquidations could be a warning of a bull trap before the next move toward $2.
XRP’s recent rebound has caught the attention of analyst Steph Is Crypto, who identified a key technical level that could determine whether the cryptocurrency’s recovery leads to a sustained bullish trend.
Key technical analysis highlights $1.30 resistanceIn a new video and social media post, Steph Is Crypto stated that he has changed his price outlook for XRP in 2026. He closely examined historical price movements and pinpointed $1.30 as the resistance level that XRP needs to reclaim in order to begin a broader upward move.
Steph Is Crypto is a cryptocurrency market analyst known for his in-depth technical analysis and regular updates on digital asset trends, particularly on platforms such as X (formerly Twitter).
The analyst focused on XRP’s two-week chart and analyzed its position relative to the Gaussian channel. He emphasized that trading above the Gaussian channel is typically associated with bullish sentiment, while periods below often mark significant lows.
Reviewing historical examples, Steph Is Crypto referred to 2017, when XRP dipped temporarily below the Gaussian channel before staging a sharp recovery. According to him, this movement marked the bear market bottom and foreshadowed a strong rally.
He also highlighted a similar event in 2020, when XRP traded below the Gaussian channel for about 28 days before recovering. He pointed out that this pattern again pointed to the market bottom followed by a substantial advance.
A comparable move occurred in 2022, with XRP testing the lower bound of the Gaussian channel and then posting a rebound. The analyst described these recurring patterns as important signals for market direction.
According to Steph Is Crypto, XRP has now repeated this structure, spending close to 28 days below the Gaussian channel before its recent rebound. He questioned whether this move indicates another cycle bottom or merely a temporary uptick.
Mini dictionary: Gaussian channel, a technical indicator that uses a moving average along with upper and lower bands derived from a Gaussian filter to highlight potential overbought or oversold conditions in price charts.
Steph Is Crypto compared past market cycles, noting, “When XRP moved below the Gaussian channel in prior cycles, it usually marked a bottom before significant rallies followed.”
EMA ribbons and critical resistance zonesTo further assess the price structure, the analyst turned to XRP’s weekly chart and examined its EMA ribbons. He observed that XRP is currently testing these ribbons from below and identified $1.30 as the main resistance zone.
Previously, the $1.30 area served as strong support from February to May 2026, before a breakdown sent prices lower. Now, as XRP retests $1.30 for the first time since losing it, the analyst views this zone as crucial for further recovery.
He believes that several daily closes above $1.30, and especially a weekly close exceeding this level, would offer stronger confirmation of a sustained bullish move.
The analyst added, “For a credible recovery, XRP needs consistent closes above $1.30. If this level is regained, the path to higher targets could open up.”
If XRP succeeds in reclaiming $1.30, Steph Is Crypto projects that the price could move towards the upper range of the EMA ribbons, estimated between $1.64 and $1.65. He identified that band as the next major resistance and a critical decision point for the market.
A close above that range would, according to Steph Is Crypto, indicate the start of a larger bullish trend. However, he cautioned that the current rally could still turn out to be a fakeout if key levels are not surpassed.
His revised forecast for 2026 therefore depends on XRP’s ability to sustain moves above these crucial resistance areas.
Technical IndicatorKey LevelImplication if SurpassedGaussian channelAbove lower bandSignals market bottomEMA ribbons$1.30First major resistanceEMA ribbons (upper bound)$1.65Potential start of major bull trendDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple CEO Brad Garlinghouse believes the United States is closer than ever to establishing clear rules for crypto, according to his latest social media post.
Garlinghouse argues that Washington’s approach to crypto has changed dramatically over the past 10 years.
This assessment was made after the inaugural meeting of the Commodity Futures Trading Commission’s Innovation Advisory Committee in Washington on Aug. 20. As reported by U.Today, the committee, which was chaired by CFTC Chairman Michael Selig, brought together executives from crypto and traditional finance to advise the agency on various issues pertaining to tech, law, and policy.
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"Everyone was in agreement. Rules written for a different era aren’t good enough. Not for consumers. Not for business. Not for innovation," Garlinghouse said in a post on X.
Ripple's push for legal clarity Garlinghouse recalled that Ripple sent an open letter to Congress in July 2019.
In that letter, Garlinghouse and Ripple co-founder Chris Larsen stated that digital assets should be regulated according to their peculiarities. The absence of clarity could negatively affect innovation and job creation.
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Now, the US is finally embracing regulatory clarity. In March, for instance, the Securities and Exchange Commission and CFTC jointly clarified how federal securities and commodities laws apply to various crypto assets. The SEC also created a token taxonomy framework.
The CFTC has meanwhile positioned its Innovation Advisory Committee. Garlinghouse is one of dozens of committee members, alongside executives from Coinbase, Uniswap Labs, BitGo, Nasdaq, CME Group, and Cboe.
"It's not the Wild West"At the SALT Wyoming event, Garlinghouse stated that the industry was never opposed to regulation.
“Crypto was anti-regulation” is the exact opposite, Garlinghouse said. “That is one of the mis-truths. It’s not the Wild West. In fact, we have sought out regulation. Ripple has 75 licenses around the world.”
Garlinghouse, of course, recalled Ripple's own five-year legal battle with the SEC.
"Ripple’s in a somewhat unique position because, unfortunately, we had to fight a four-year battle with the United States government and the SEC," Garlinghouse said. "We had a federal judge write the sentence that XRP in and of itself is not a security. That is clarity for XRP," he added.
Crypto investor Pumpius has urged XRP holders to consider diversification as global demand for US equities rises, highlighting growing accessibility to American stocks through blockchain-based tokenization. In a recent post on X, Pumpius referenced significant purchasing volumes by foreign and private investors, noting that foreign buyers acquired $181 billion of US equities within a single month, while private purchases reached a record $144.7 billion during the same period. These figures suggest annualized private investment could approach $1.74 trillion.
Tokenized US stocks expand investor accessPumpius explained that tokenization is increasing access to US equities, particularly for investors who cannot participate in traditional American stock markets. He pointed out that tokenized versions of companies such as Tesla, Nvidia, and SpaceX are now available for trading on the XRP Ledger, Ripple‘s decentralized blockchain known for its fast and low-cost cross-border transactions.
Through blockchain infrastructure, these tokenized stocks can be traded 24/7 and transferred directly between crypto wallets, which can reduce or eliminate the need for conventional brokerage accounts. This could be especially beneficial for investors in jurisdictions or regions where access to US equities is limited by regulation or banking restrictions.
Pumpius argued that global interest in American equities is high, yet many potential investors remain locked out of the market by conventional financial barriers.
International buyers have poured trillions into US equities, but access remains out of reach for most investors worldwide. Tokenized stocks on the XRP Ledger may give these individuals a way in.
Mini dictionary: XRP Ledger (XRPL) is a decentralized public blockchain developed by Ripple, offering high transaction speed and low fees, widely used for digital asset transfers and the issuance of tokenized assets.
Following criticism and questions on social media, Pumpius clarified that his statements were not meant as an endorsement to sell XRP in favor of traditional equities. Instead, he advocated for diversification using RLUSD, a stablecoin that can facilitate investment in tokenized assets for those unable to access US equities directly.
Responding to X user Frank Skeffington, who inquired if he was suggesting XRP holders swap the cryptocurrency entirely for conventional stocks, Pumpius recommended using RLUSD to diversify portfolios, focusing particularly on investors facing geographic or regulatory constraints.
Diversify using RLUSD, especially for those who face obstacles accessing US equities, as tokenized options emerge on the XRPL.
This position reflects a broader interest in real-world asset tokenization, a trend where traditional financial instruments are represented and transferred on blockchain networks.
Pumpius’ comments connect the rise of tokenized equities to the expanding capabilities of decentralized finance, where blockchain technology offers transparent and accessible means of investing in mainstream assets.
The discussion arrives amid growing demand from foreign and private buyers for US stocks, raising the profile of blockchain solutions that lower entry barriers for excluded investors worldwide.
Pumpius stopped short of making predictions about the relative performance of XRP versus traditional equities.
Instead, he focused on the opportunities presented by emerging digital infrastructure for asset diversification, particularly via stablecoins and tokenized shares traded on blockchains such as the XRP Ledger.
AssetTraditional AccessTokenized on XRPLTrading HoursTransaction FeesTesla, Nvidia, SpaceXBrokerage account requiredAccessible via crypto wallet24/7LowXRPCrypto exchangesNative digital asset24/7LowDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP may encounter a decisive technical hurdle at $1.80 as market participants evaluate whether its recent gains signal the beginning of a broader rally. Crypto analyst and developer Bird has identified this price point as a crucial line separating XRP’s current bearish phase from a potential return to a previous bullish range.
Analyst outlines two critical XRP price rangesIn a detailed post on X, Bird presented a daily chart of the XRP/USD pair highlighting two main trading ranges. The first range stretches from approximately $1.00 to $1.80, while the second extends from $1.80 upward to beyond $3.60.
When Bird shared his analysis, XRP traded near $1.38, having recorded a notable daily increase. He referred to the $1.00–$1.80 area as a bearish zone that the coin must decisively exit before entering a more positive market structure.
Bird emphasized that while XRP had already rebounded from around $1.00, the true technical challenge lies ahead, as the next move above $1.80 could determine its medium-term trajectory.
According to Bird, the $1.00-$1.80 range has acted as a resistance and support band that XRP must overcome to escape its current consolidation. A meaningful shift above this area could shift momentum and bring optimism to the community.
Bird highlights importance of the $1.80 levelBird pointed out that $1.80 previously formed the lower boundary of a broader trading channel. He outlined the potential for this level to serve as both resistance and support, suggesting a sustained break and hold above $1.80 could transform XRP’s price action and outlook.
His analysis centers on XRP reaching $1.80 and establishing support above it before considering new bullish targets. The chart associated with his post illustrates a red zone between $1.00 and $1.80 and a green zone above, extending toward $3.60, helping visualize the potential breakout path.
The distinction between the two zones marks a clear division between bearish and bullish sentiment, according to Bird. He notes that only a confirmed move beyond $1.80 would justify a shift in expectations.
Mini dictionary: Bird is a crypto analyst and developer best known for providing detailed technical analyses of digital assets, particularly XRP, often sharing real-time chart interpretations and trend predictions on social media platforms.
New bullish targets could emerge if $1.80 is surpassedBird indicated that, should XRP manage a confirmed break and hold above $1.80, higher price objectives may quickly come into play. He identified $2.00, $2.50, and $3.00 as potential next resistance levels on the way to broader gains.
The analyst further suggested that XRP reclaiming $1.80 with conviction could open the path toward its all-time high region. However, he emphasized that this scenario hinges on a clean and sustained reclaim of the key threshold.
He also mentioned that XRP has traded beneath the $1.80 mark for several months, and the market is closely watching whether it can now retest and maintain that level. For his technical scenario to unfold, Bird stressed that both a breakout and consolidation above $1.80 are essential.
A sustained reclaim of $1.80 could signal the start of a broader rally, with $2, $2.50, and $3 coming into focus if momentum continues to build.
Bird’s outlook stops short of confirming a breakout but describes $1.80 as the current battlefield for XRP. The outcome at this juncture may define whether XRP remains in its established lower band or successfully transitions back into the wider trading range up to $3.60.
Price RangeDescription$1.00–$1.80Bearish zone, consolidation area, current resistance$1.80–$3.60Bullish range, potential for upward trend continuationDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ripple (XRP) yaklaşık 1 dolardan 1,70 dolara yükselerek birkaç günde yüzde 70’e yakın değer kazandı. Bu sert hareketin ardından XRP’nin 2026 boyunca süren ayı piyasasının sona erip ermediğini ChatGPT’ye sorduk. Yanıtında 1,60-1,70 dolar bölgesini kritik eşik olarak gösterdi.
XRP‘nin son yükselişi, 2026 boyunca devam eden düşüş yapısında önemli bir değişime işaret ediyor. Token 1 dolar civarından hızla yükselerek 1,27 ve 1,45 dolar seviyelerini aştı, ardından 1,70 dolara kadar çıktı. Ancak bu bölgede gelen satışlarla fiyat yeniden 1,40-1,50 dolar aralığına çekildi.
Bu hareketin sıradan bir tepki yükselişi olup olmadığı ise henüz net değil. ChatGPT’nin değerlendirmesine göre XRP’nin teknik yapısı belirgin biçimde iyileşmiş olsa da ayı piyasasının tamamen sona erdiğini söylemek için henüz güçlü bir teyit gerekiyor.
XRP İçin En Kritik Seviye 1,70 Dolar ChatGPT’nin analizinde en çok öne çıkan bölge 1,60-1,70 dolar aralığı. XRP’nin 1,70 dolara ulaşması önemli bir adım olsa da yalnızca bu seviyenin görülmesi uzun vadeli trend dönüşümünü doğrulamıyor.
Asıl güçlü sinyal, XRP’nin 1,70 doların üzerine çıkması ve daha sonra 1,60-1,70 dolar bölgesine geri çekildiğinde bu alanı destek olarak koruması olacak. Böyle bir yapı, yükselişin geçici bir sıçramadan ziyade yeni bir trendin başlangıcı olabileceğine dair daha güçlü kanıt sunabilir.
ChatGPT’nin değerlendirmesinde kritik senaryo şöyle özetleniyor: 1,70 doların kırılması, 1,60-1,70 dolar bölgesinin yeniden test edilmesi ve bu alanın desteğe dönüşmesi.
Bu nedenle XRP’nin bundan sonraki hareketinde yalnızca yeni bir zirve gelip gelmeyeceği değil, kırılan seviyelerin korunup korunmayacağı da önem taşıyor.
XRP’nin 1,40-1,50 Dolar Bölgesindeki Hareketi Neden Önemli? XRP’nin 1,70 dolardan geri çekilmesinin ardından gözler daha aşağıdaki desteklere çevrildi. ChatGPT’ye göre 1,40-1,50 dolar bölgesi, son yükselişin korunup korunmayacağını anlamak açısından kritik.
Fiyat bu bölgede alıcı bulabilirse, 1,70 dolardaki reddin yalnızca kâr realizasyonundan kaynaklandığı görüşü güçlenebilir. Buna karşılık bölgenin hızlı biçimde kaybedilmesi, son yükselişin sürdürülebilirliği konusunda soru işaretlerini artırabilir.
Daha kısa vadede 1,55 dolar da izleniyor. Bunun altında ise 1,34 ve 1,27 dolar seviyeleri önem kazanıyor. 1,27 dolar yaklaşık 200 günlük basit hareketli ortalama bölgesine denk gelirken, 1,34 dolar bazı teknik modellerde 200 günlük üssel hareketli ortalamayla örtüşüyor.
Burada önemli olan fiyatın yalnızca bu seviyelere dokunması değil, düzeltme sırasında bunların üzerinde kalabilmesi.
XRP Ayı Piyasasından Çıkıyor mu? ChatGPT’nin değerlendirmesi, mevcut tabloyu “ayı piyasası bitiyor olabilir, ancak henüz teyit edilmedi” şeklinde çerçeveliyor.
XRP’nin önemli hareketli ortalamaları yeniden kazanması ve 1 dolar seviyesinden sert biçimde yükselmesi, uzun vadeli görünümde iyileşmeye işaret eden unsurlar arasında yer alıyor. Buna karşılık 1,70 doların üzerinde kalıcılık henüz sağlanmış değil.
Modelin değerlendirmesine göre ayı senaryosunun yeniden güçlenmesi için 1,40-1,50 dolar bölgesinin kaybedilmesi, ardından 1,34 ve özellikle 1,27 dolar seviyelerinin aşağı kırılması önemli olacak.
Böyle bir yapı, 1 dolardan başlayan hareketin uzun vadeli trend dönüşünden çok güçlü bir ayı piyasası rallisi olduğu görüşünü yeniden öne çıkarabilir.
Tersine, 1,70 doların günlük veya haftalık bazda kırılması, ardından 1,60-1,70 dolar bölgesinin destek haline gelmesi ve yeni bir yüksek zirve ile daha yüksek dip yapısının oluşması, trend dönüşümü için çok daha güçlü bir sinyal olacaktır.
XRP’de Ayı Piyasasının Bittiği Nasıl Anlaşılacak? XRP açısından kritik nokta yalnızca 1,70 doların aşılması değil, bu kırılımın kalıcı olup olmadığı olacak.
Fiyat 1,70 doların üzerine çıktıktan sonra 1,60-1,70 dolar bölgesine geri çekilir ve burada yeniden alıcı bulursa, daha önce direnç olarak çalışan alan destek haline gelmiş olacak. Teknik açıdan bu yapı, yeni bir yükseliş trendinin güçlendiğine dair önemli bir sinyal sayılabilir.
Buna karşılık XRP 1,70 doları aşamaz, ardından 1,40-1,50 dolar bölgesini kaybeder ve 1,27 doların altında kalıcılık gösterirse, mevcut trend dönüşümü tezi ciddi biçimde zayıflayabilir.
Dolayısıyla önümüzdeki dönemde yatırımcıların yalnızca XRP’nin yeni zirve yapıp yapmadığına değil, geri çekilmelerde hangi seviyelerin savunulduğuna odaklanması gerekecek.
Sonuçta XRP’nin 1 dolardan 1,70 dolara yükselmesi, piyasa yapısında önemli bir değişim yarattı. Ancak şu aşamada “ayı piyasası kesin olarak bitti” demek için erken. Önümüzdeki süreçte özellikle 1,70 doların yeniden aşılıp aşılamayacağı ve 1,40-1,50 dolar bölgesinde satışların durup durmayacağı daha fazla bilgi verecek.
Genel değerlendirme: XRP’nin görünümü önceki döneme göre belirgin biçimde iyileşti. Ancak trend dönüşümünün kesinleşmesi için 1,70 doların aşılması ve 1,60-1,70 dolar bölgesinin destek olarak korunması gerekiyor.
En kritik direnç: 1,60-1,70 dolar En kritik destek: 1,40-1,50 dolar; ardından 1,34 ve 1,27 dolar Ayı piyasasının bittiğini teyit edecek koşul: 1,70 doların kırılması, 1,60-1,70 dolar bölgesinin retest edilmesi ve bu alanın destek olarak korunması Ayı senaryosunu yeniden güçlendirecek koşul: 1,40-1,50 dolar bölgesinin kaybedilmesi ve özellikle 1,27 doların altında kalıcılık XRP’nin 1 dolardan 1,70 dolara yükselişi ayı trendinin kırılıyor olabileceğini gösteriyor, ancak 1,70 doların kalıcı biçimde aşılması ve 1,60-1,70 dolar bölgesinin desteğe dönüşmesi gerçekleşmeden ayı piyasasının sona erdiğini söylemek için erken.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
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