Ripple's XRP token is currently changing hands at $1.32, experiencing a pullback following an impressive 72% surge throughout August that propelled the digital asset from $1.00 to $1.70. The upward momentum reached exhaustion as market participants secured profits, leaving the price in search of renewed buying interest.
XRP was the most asked-about cryptocurrency during a presentation to about 400 wealth managers, according to Bitwise research analyst Ryan Rasmussen.
Bitcoin traded above $77,600 during Asian trading on Thursday, gaining about 1.5% over the previous 24 hours after recovering from a low near $76,400 during late U.S. trading. XRP outperformed major cryptocurrencies, rising nearly 3% to $1.36.
Every major token is green over 24 hours, though only zcash and hyperliquid are holding gains on the week.
XRP faces resistance at $1.40 to $1.43 before reaching $1.47, creating several hurdles for bulls attempting to regain control.
The cryptocurrency market remained muted on Wednesday, even as softer private employment data modestly reducing the odds of a rate hike. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.
CryptoSlate's 90-day model maps nearly 59% upside in its bullish Nov. 30 scenario, while the central estimate and downside range remain far lower.
XRP faces continued selling pressure even as falling Binance reserves and whale-led withdrawals tighten exchange supply.
The Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.
The big-time market maker just published their deep-dive into the market, smelling the altcoin season coming.
XRP Ledger order-book volume has increased 79% year over year in the second quarter of 2026, even as the number of daily trading accounts has fallen 40%, according to Evernorth.
XRP, Ethereum and Solana face a $369M liquidation wave as oil prices and Treasury yields rise. Meanwhile, ETF inflows remain positive and the SEC advances blockchain reforms.