The past week has seen a marked increase in the price of XRP from $1.15 to $1.66, with an increase of nearly 31 per cent during the week. According to external sources, with the increase in purchases, the XRP is currently being supported near $1.40, and the market has begun to turn its attention to the retreat space of the round.

Nearly 30% increase a week.

The report mentions that the XRP once touched the high point of $1.66 this week and then fell back, but temporarily secured the line of $1.40. It also states that the recent increase in inflows, with a single-day minimum of $125 million on 20 August 2026, has continued to expand since then.

In this round of rebounds, bitcoin is maintained above $78,000 and is considered to be one of the factors that underpins the overall encrypted market sentiment. It was reported that short-term performance of the mainstream Shan currency could still benefit if it remained strong.

1.40 Dollars for short-line support

From the technical position, XRP has been on the 20-day average, but is still below the 50-day average and continues to operate at the top of the 200-day average. According to this, external sources believe that there is still some resilience to the current trend, and that even if there is a reversal, the fall may not be rapidly widening.

However, the article also reminds the XRP that in the past, after a rapid upswing, the market has been cautious in pursuing higher transactions. For short-term traders, the continued ability to hold the next US$ 1.40 will affect the continuation of the round.

Redirect the target to US$ 1.30.

The report refers to Trades Union's judgement that, if XRP were to move back, the US$ 1.30 area would be below the line of concern. At the same time, the agency still gives about 55 per cent of the probability of an increase, and expects that the next high point may look to US$ 1.57.

On the whole, this article perpetuates an optimistic market view: On the one hand, the XRP short-term increase has been significant, and the return risk remains; on the other hand, as long as Bitcoin remains strong and financial flows continue, the XRP is likely to remain relatively active in terms of prices.