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XRP price analysis indicates the asset is trading at $1.006, down 3.2% for the day, hovering just above the psychological $1 level that traders are closely watching. This level is critical; while peers rally, XRP is grinding against support. The direction of the next move will determine whether XRP is setting up for a Wave 3 rally or another decline into deeper support.
Analyst EGRAG CRYPTO outlined a roadmap in a recent chart post, showing that XRP needs to clear the $1.30–$1.60 range, followed by $1.96, to validate a Wave 3 move toward $3.00–$3.60. Support levels are identified at $1.00–$0.95, then $0.75, and finally $0.60–$0.52 if conditions deteriorate. Meanwhile, analyst Martini Guy noted an anomaly: Bitcoin, Ethereum, and Solana bounced last week while XRP fell approximately 5%, despite continued ETF inflows.
XRP Price Analysis: Can Ripple Hit $1.30 This Week?
$XRP just hit its lowest weekly close in nearly 2 years at $1.029.
What happened here? pic.twitter.com/T85aqZmejr— Ash Crypto (@AshCrypto) August 10, 2026
XRP is trading at $1.006, down 1.34% in 24 hours, with a session range between $1.0038 and $1.0218. This tight band signals indecision rather than conviction. TradingView identifies the next resistance at $1.06, with upside targets stacked at $1.35 and $1.64 if momentum shifts. CoinGecko data shows XRP’s 24-hour low and high sitting right around the current price, confirming the market is coiled rather than trending.
Bull Case: XRP reclaims $1.06 and pushes through $1.30–$1.60 to confirm the break of Wave 1’s high. This is the trigger EGRAG CRYPTO says validates Wave 3 toward $3.00–$3.60.
Base Case: XRP chops between $0.95 and $1.06 while the market waits for a catalyst.
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Bear Case: $1.00 fails as support, sending price toward $0.75 and eventually the $0.60–$0.52 zone. For deeper context on the support structure, this technical breakdown maps out the bull, base, and bear scenarios in more detail.
Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels
XRP holders watching the $1 line know the pain of being early to a chart that refuses to move. Ripple’s ETF demand and rising Real-World Asset (RWA) activity on the XRP Ledger have seen tokenized assets jump to $4.06 billion across 373 assets, up from just $73 million in January 2025. This builds a strong fundamental case, but price confirmation remains a separate challenge.
Waiting for Wave 3 to prove itself is a multi-week bet, not a trade. This has pushed some capital rotation toward earlier-stage infrastructure plays where the upside potential is not already capped by a multi-billion-dollar market cap.
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Visit the Bitcoin Hyper Presale Website Here.
This is not financial advice. Crypto markets are highly volatile and unpredictable. Always conduct independent research before making any investment decisions.
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