XRP price prediction has it trading at $0.9956, down -0.3% over the past 24 hours after swinging between $0.9897 and $1.0044, a range tight enough to make even patient bulls nervous. The token’s remarkable 635-session streak of closing above $1 nearly snapped twice this month, and today’s print puts it right back on the edge. What happens if that streak finally breaks?
A bridge exploit that drained roughly $200,000 via a connection between the TX Chain and XRP Ledger briefly pushed XRP under $1 on August 11 and again on August 14.
Buyers stepped in both times before the daily close, but the technical damage lingers: XRP’s 50-day EMA now sits below its 200-day EMA, a death cross that confirms sellers have controlled the short to medium-term trend for weeks.
Meanwhile, Wall Street posted a completely different Monday, with the S&P 500 and Nasdaq hovering near highs on AI-driven momentum, a divergence that’s left crypto looking increasingly isolated from broader risk appetite.
Institutional flows tell a more nuanced story, though: recent XRP ETF activity from major players like Jane Street suggests some smart money isn’t fully bailing on the setup, even as retail sentiment sours.
XRP Price Prediction: Can Ripple Hit $1.06 This Week?
At $0.9956, XRP sits almost exactly on its most contested psychological level in a year. The $1.00 zone has functioned as the primary demand area since November 2024, and price has spent most of August oscillating between $1.00 and $1.18, with no decisive break in either direction. Bollinger lower bands cluster around $0.99–$1.01, reinforcing that this is where buyers have consistently shown up.
Bull case: A reclaim of $1.04–$1.06 opens the door to the 50-day EMA zone near $1.09–$1.11, with $1.18 as the next real test.
Base case: continued chop between $0.99 and $1.06 as the market waits for a catalyst.
Bear case: a clean daily close below $1.00 invalidates the floor entirely, with FXLeaders analysis pointing toward $0.80 as the next technical magnet.
Ripple CEO Brad Garlinghouse’s appearance at the Wyoming Blockchain Symposium adds a wildcard; any regulatory clarity commentary could move price fast in either direction.
Traders watching for confirmation should track whether XRP can close above $1.06 on volume before committing to the bull thesis; some analysts have also floated more aggressive 2026 targets, citing whale accumulation and shrinking exchange supply.
Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels
XRP price prediction shows a death cross on the chart and repeated sub-$1 scares, which isn’t confidence-inspiring for anyone holding through this chop. A token that’s already spent two years compounding needs a genuinely new catalyst to break its current range.
And even a clean bounce to $1.18 only recovers ground lost; it doesn’t create new upside. That’s the math pushing traders toward earlier-stage infrastructure plays where the ceiling isn’t already priced in.
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The presale has raised $33,032,316.79 at a current token price of $0.0136848, with staking rewards offered at a high APY (exact rate undisclosed).
Its Decentralized Canonical Bridge targets one of Bitcoin’s core limitations, the total absence of programmable smart contracts, without routing through custodial intermediaries.
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This article is not financial advice. Crypto markets are highly volatile and unpredictable. Always conduct independent research before making investment decisions.
The post XRP Price Prediction: Can $1 Be Reclaimed This Week? appeared first on Cryptonews.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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