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    Home»Altcoin News»XRP Bulls Face One Final Test After the Surge
    August 24, 20260 Views

    XRP Bulls Face One Final Test After the Surge

    EditorBy EditorAugust 24, 20262 Comments2 Mins Read
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    XRP Bulls Face One Final Test After the Surge – And This Level Will Decide Ripple’s Fate

    XRP went on a wild ride in the past several days but it has now pulled back. What’s next for the asset?
    ByJordan Lyanchev

    After a highly volatile, eventful, and finally positive few days following the Wednesday Treasury Department announcement, Ripple’s XRP has slowed down by dipping from $1.70 to $1.50.

    Its fluctuations went through the roof recently, and many analysts have started speculating on what’s coming next. Here are some of the latest analyses and predictions.

    All Eyes on $1.70

    The massive surge began after XRP challenged the $1.00 support on several occasions in the past few weeks, but the bulls stepped up on Wednesday and drove the cryptocurrency to a multi-month peak of $1.70 on Saturday morning. This means that the token had skyrocketed by 70% in less than 72 hours.

    However, the rejection at that level was quite painful. The first analyst to outline its significance was EGRAG CRYPTO, who argued that XRP has now moved into its most important area following months of bearish price action. His chart places particular emphasis on the region between $1.65 and $1.70, which has capped the token’s movements for most of 2026.

    From this point forward, a successful surge past that level would not only produce a new local peak but also remove the resistance that has halted the asset’s strongest rally since late 2024. CasiTrades is also watching the post-rally structure closely, noting in her analysis that XRP’s latest move reached a decisive technical area where the subsequent correction will help determine whether the broader bullish structure remains intact.

    A pullback after a 70% surge is not unusual; in fact, it’s almost expected, but the depth of that retracement matters considerably.

    What If XRP Breaks Above It

    Dark Defender continues to view the asset’s broader Elliott Wave structure as bullish, while ChartNerd focuses on its ability to reclaim other major higher-timeframe technical levels following its dip below $1.00. The latter previously said XRP is likely to sweep below the psychological level in 2026 before recovering.

    Source: cryptopotato.com

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