COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: XRP erases 26 days of declines, surges to $1.15 as bulls test key resistance
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > XRP erases 26 days of declines, surges to $1.15 as bulls test key resistance
Ripple (XRP)

XRP erases 26 days of declines, surges to $1.15 as bulls test key resistance

In Brief

  • 🚀 $XRP erased 26 days of losses, surging to $1.15 in a single session.

  • 📈 Large transactions and open interest in XRP have both jumped sharply.

  • 🤖 The network saw 2 million AI-agent transactions and rapid RLUSD adoption.

  • 💡 After weeks of selling, holding $1.15 and closing above the 50 EMA is now key.
Onur Atam
Onur Atam 12 minutes ago
Share
SHARE

XRP rebounded sharply, reclaiming the $1.15 mark and recovering nearly a month of losses in a single day. The sudden upward move has drawn renewed attention as market participants assess whether this bounce signals a lasting change in momentum or a short-term relief rally.

Contents
Key resistance and technical outlookMajor resistance and network activityBroader shifts in financial infrastructure

Key resistance and technical outlook

ChartNerd, a well-known market analyst, observed that despite lingering resistance ahead, XRP’s sharp ascent highlights how rapidly sentiment can reverse in cryptocurrency markets. XRP is now trading at $1.15, a psychological level that had served as a ceiling through the recent selloff.

This rise follows an extended period of persistent selling pressure that pushed XRP below important technical thresholds. Market participants are now watching closely to see if buyers can push the asset through these key levels and maintain upward traction.

One of the main indicators for confirmation is the daily close above the 50-day Exponential Moving Average (EMA), a technical level XRP has struggled to surpass since May 2026. The 50 EMA has repeatedly thwarted rally attempts during the prolonged decline.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

A decisive daily close above the 50 EMA would be interpreted as a sign that sellers are losing control, potentially creating a foundation for further gains. Failing to hold current levels or breaking above the 50 EMA could trigger renewed pressure, sending the asset toward lower support zones.

Major resistance and network activity

Should buying momentum persist, analysts have identified the $1.18 to $1.23 range as the next significant resistance region for XRP. Clearing this band would further strengthen the case for an extended recovery.

Meanwhile, technical developments inside the XRP Ledger ecosystem have accompanied the price action. Open interest in XRP contracts on Binance has climbed to its highest point in two months, indicating that traders are positioning for potentially larger moves.

Transaction data also points to increased high-value activity, with $1 million and above XRP Ledger transactions surging 280%. This uptick signals a notable rise in large-scale transfers, often watched as a potential indicator of institutional or whale involvement in the network.

XRP open interest on Binance has reportedly climbed to a two-month high, suggesting traders are positioning for a potentially larger move. Meanwhile, $1 million-plus XRP Ledger transactions have surged 280%, highlighting a sharp rise in high-value network activity.

Ecosystem interest also continues to expand, as AI-driven payment agents on the XRP Ledger have processed 2 million transactions. Additionally, increased adoption of RLUSD is adding to both payments volume and network liquidity.

Broader shifts in financial infrastructure

While technical levels remain crucial, broader trends are reshaping the crypto landscape. As participants monitor key resistance zones, a significant transformation is occurring in how assets are held and traded. Wall Street is transitioning to Web3, and investors are increasingly using platforms like 1stepSwap, where they can directly store shares of leading U.S. companies, gold, and silver within their crypto wallets. By tokenizing real-world assets and using automated price discovery, these platforms streamline transactions and eliminate traditional intermediaries.

XRP’s rapid recovery has energized its community, but sustaining gains and confirming a pattern reversal remain critical challenges. The coming days will be pivotal in determining whether bulls can maintain control and push beyond the current resistance levels.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
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.

You Might Also Like

Digital Asset Investor urges XRP holders to remain patient, focus on research

Kinetics Internet Portfolio acquires Ripple Labs shares, SEC filing reveals

XRP surges 11% to $1.14 as Treasury buybacks fuel crypto short squeeze

XRP shows rising pattern, analyst expects possible rally to $13 after trendline retest

Ripple CEO pushes for CLARITY Act in high-level talks with US officials

Onur Atam 20 August, 2026 - 2:09 pm 20 August, 2026 - 2:09 pm
Share This Article
Facebook Twitter
Share
Onur Atam
By Onur Atam
Follow:
The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
Previous Article Crypto Program founder charged with $165 million investor fraud, deported from Fiji
Next Article Digital Asset Investor urges XRP holders to remain patient, focus on research
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Digital Asset Investor urges XRP holders to remain patient, focus on research
Ripple (XRP)
Crypto Program founder charged with $165 million investor fraud, deported from Fiji
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?