Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
XRP Price Analysis: Treasury Giant One Step Away From NASDAQ
Altcoin NewspresalesAd Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Ahmed Barakat
Author
Part of the Team Since
Mar 2024
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
- Bitcoin Price Prediction: Can BTC Get Back Over $80,000?
- Ethereum Price Faces Glamsterdam Test as 3X Network Speed Threatens Smart Contracts
- Is Crypto Back? Bitcoin Holds Near $80K as ETF Inflows Break August Record and LiquidChain Nears $1M
- Bank Plans on CLARITY Act Send Circle and Coinbase Shares Lower
- Trump Crypto Empire Faces Scrutiny Over 49% Saudi Linked Stake in New Bank
The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…
- Bitcoin Price Prediction: Strategy Has a New BTC Approach
- XRP Price Prediction: Going Mainstream as Kansas Athletics Announces Strategic Jersey Patch
- Ethereum Price Prediction: Kiyosaki Still Eyeing ETH, Solana Founder Bullish on EF Staff Cuts
- How to Exchange ZEC to BTC: Best Zcash to Bitcoin Exchanges 2026
- How to Take Part in Wadoozie’s Live 48-State Tour to Win WADZ Rewards
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
August 28, 2026
XRP is trading at $1.42 as one of its biggest institutional backers edges closer to a public listing despite some bearish price analysis. Evernorth confirmed on August 27 that the SEC declared its registration statement effective, clearing a major hurdle in its planned merger with Armada Acquisition Corp. II.
The company also announced that Armada II shareholders will vote on the combination on September 30, 2026, putting the XRP treasury vehicle within sight of a Nasdaq listing pending that vote and other closing conditions. CEO Asheesh Birla framed the move as a bet on-chain institutional finance, saying Evernorth is “designed to accelerate XRP’s role in that work.”
The timing matters. XRP has been fighting to escape a multi-month range, and institutional adoption headlines like this one typically function as tailwinds rather than triggers on their own.
Discover: The Best Token Presales
XRP Price Analysis: Hit $1.60 This Week?
XRP’s slide to $1.42 puts it back below the $1.50 zone that several August technical reports flagged as the level needed to “materially improve the longer-term technical picture.” Reclaiming it would also put the price back above the closely watched 200-day SMA near $1.36-$1.37.
XRP price remains technically pinned below all four daily moving averages, a structure that one analysis called a “bearish configuration” that has defined price action for weeks. Support sits first at $1.37, then the more critical $1.00-$1.03 band that multiple desks describe as the last line before psychological levels near $0.95-$0.90 come into play.
A close above $1.45 will flip the 200-day average and open a run toward $1.45-$1.50 resistance retest from above. A continued chop could also happen between $1.37 and $1.45 while the market digests the Evernorth vote timeline.
The bears will dominate if it breaks below $1.37, which will likely drag the price back toward the $1.00 floor, invalidating the recent bounce. Whale activity versus ETF inflows remains the swing factor worth watching into next week.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
Maxi Doge Targets Early Mover Upside as XRP Tests Key Levels
A price drop right after a Nasdaq-adjacent catalyst is the kind of thing that tests conviction. Holders who bought the mid-$1.30s bounce are still in profit, but anyone chasing the above $1.50 high is underwater today.
XRP’s market cap also means even a clean breakout likely delivers single-digit percentage moves, not multiples. That math is pushing traders toward earlier-stage plays with more room to run.
Maxi Doge ($MAXI) is an Ethereum-based meme token built around 1000x-leverage trading culture, think gym-bro humor meets degen trading floor. The presale has raised $4.8 million at a current price of $0.0002836, with dynamic APY staking live for holders.
Standout features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury earmarked for liquidity and partnerships.
Research Maxi Doge directly before the presale window closes.
Discover: The Best Crypto to Diversify Your Portfolio
- ChatGPT AI Predicts XRP May Look Very Different a Year From Now
- XRP News: Ripple Latest SEC Filing Shakes Holders
- XRP Price Prediction: Why Is XRP Fluctuating So Much Today?
- Ripple Gets Mastercard Boost as XRP ETF Makes Major Changes
- XRP Price Caught Between $231M Whale Selling and ETF Inflows
Price Analysis
XRP Price Prediction: Korea and Binance Power the Rally, But Can XRP Keep Going?
2026-08-26 18:44:00
,
by Ahmed Barakat
Bitcoin News
Polymarket CLARITY Act Odds: Senate Path Remains Uncertain After Cloture Step
2026-08-26 14:55:00
,
by Ahmed Barakat
Price Analysis
XRP Soars, But What’s Really Happening? Can Ripple Blast Past $10 This Year?
2026-08-26 14:12:00
,
by Ahmed Barakat
Best Crypto to Buy Now in August 2026 – Top Crypto to Invest In
2026-08-28 08:46:33
,
by Alan Draper
New Cryptocurrencies to Invest in Today – Top New Crypto Coins
2026-08-28 09:46:24
,
by Ines S. Tavares
8 Best Crypto Presales in August 2026
2026-08-24 09:35:05
,
by Alan Draper
Early Access to 6 New & Upcoming Coinbase Listings in August 2026
2026-08-28 10:46:25
,
by Ilija Rankovic
10 New & Upcoming Binance Listings in 2026
2026-06-01 10:46:56
,
by Ilija Rankovic
Next Crypto to Explode in 2026 – Our Top Picks
2026-08-27 11:32:34
,
by Ilija Rankovic
Bitcoin (BTC) Price Prediction 2026, 2027 – 2030
2026-08-28 07:30:00
,
by Leon Waters
XRP (XRP) Price Prediction 2026, 2027 – 2030
2026-08-28 07:30:00
,
by Ihssan El Medkouri
Ethereum Price Prediction 2026, 2027 – 2030
2026-08-28 07:30:00
,
by Leon Waters
Source: cryptonews.com