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How High Can XRP Price Go After 40% Weekly Surge?

How High Can XRP Price Go After 40% Weekly Surge?

CryptoNewsNet2026/08/21 19:39
XRP+7.93%ENA+19.91%LINK+9.93%
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How High Can XRP Price Go After 40% Weekly Surge?

How High Can XRP Price Go After 40% Weekly Surge? image 0  coinpedia.org 16 m
How High Can XRP Price Go After 40% Weekly Surge? image 1

$XRP is trading at $1.31, up 13.7% over the past 24 hours and nearly 39.7% over the past week, driven by a mix of macro liquidity shifts and fresh institutional developments.

The broader crypto rally follows a Treasury Department move to buy back government bonds, aimed at pushing down yields and easing financial conditions. This links the current rally to a shift in bond market liquidity rather than a crypto-specific catalyst.

Why $XRP Is Outperforming

$XRP has outpaced other major cryptocurrencies partly due to its existing spot ETF products and its association with Ripple, one of the more established players in the industry.

Institutional Lending Plans on XRPL

A previously announced plan aims to bring institutional lending to the $XRP Ledger, involving Clearpool for infrastructure, Cicada Partners for credit underwriting, and Ripple as a capital provider.

Price Levels to Watch

Recent chart activity points to a few levels worth tracking:

  • $0.90 was recently reclaimed, seen as a positive technical signal
  • A 34% move off the recent low is being read as evidence the bottom may already be in
  • $10, $20, and $30 have been floated as long-term macro price targets tied to one wave-based price theory

These longer-term targets are speculative, based on one interpretation of price structure rather than any fundamental valuation model or confirmed catalyst. A near-term pullback would be considered healthy after the recent rally, and downside risk remains if $XRP fails to hold current levels.

What Would Confirm a Real Reversal

$1.50 stands out as a key level. A sustained hold above that price, rather than a brief spike, would mark the first real sign of a longer-term trend change after roughly a year of decline.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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