XRP Eyes $2 Target as Key Metric Signals Bullish Momentum

XRP price is currently consolidating after one of its strongest months of the year. While the $2 target appears ambitious given the current chart structure, a fundamental metric is providing bulls with a reason to maintain patience.

XRP remains up approximately 31% for August, despite shedding about 5% over the past week. This pullback follows a volatile trading range between $1.35 and $1.55 for most of the month. Meanwhile, RLUSD stablecoin volume on the XRP Ledger surpassed $1 billion on August 30.

XRPL ACTIVITY SURGES
Receiving addresses briefly jumped to 926,000, while the transaction rate climbed 151%. Meanwhile, tokenized stocks, metals and Dubai real estate are expanding on the XRPL.
The RWA era is growing but we can’t yet say it caused the activity spike. $XRP

— MjB38 | Crypto News (@MjB38) August 29, 2026

Alongside the volume surge, active addresses have increased by more than 650%, rising from 47,180 to 356,070 in just two weeks. This sharp increase in network participation coincided with XRP’s recent rally, suggesting the price move was supported by stronger blockchain activity. If this momentum continues and XRP can reclaim the $1.55 to $1.60 resistance zone, the token could open a path toward $1.70, $1.80, and eventually the psychologically significant $2 level.

Bitcoin hovered just under $78,000 on Monday morning, flat for the day, while the broader market split sharply. Risk appetite is currently uneven, and XRP’s next move likely hinges on its ability to decouple from this market chop.

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Can XRP Price Hit $2 This Week?

Short-term support clusters at $1.30–$1.36, with a daily pivot near $1.36 and deeper structural support around $1.28. Its immediate resistance lies at $1.41–$1.45, a zone XRP needs to reclaim before any serious continuation talk begins. The pullback from the upper Bollinger Band near $1.40 reads more like a cooling-off period than a breakdown as momentum eases.

Xrp (XRP)24h7d30d1yAll time

• Bull case: a daily close above $1.45 opens the path toward $1.57, and from there the well-circulated $2.00 target becomes a live conversation rather than wishful thinking.
• Base case: consolidation between $1.30 and $1.45 while the market waits for a catalyst.
• Bear case: a breakdown below $1.30 tests the $1.00 structural floor, a level some analysts flag as the point where bears take real control.

Whale flows versus ETF demand remain worth watching closely here.

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Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

Holding XRP through this chop requires conviction. The RLUSD volume story is real, but a move from $1.37 to $2 is “only” a 46% gain. This is fine for a position but unremarkable for anyone chasing outsized returns at this stage of the cycle. That dynamic is pushing more traders toward presale-stage infrastructure plays where the upside math looks different.

Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with native SVM integration, offering smart contract execution faster than Solana itself, layered on Bitcoin’s base security.

The presale has raised $33 million at a current token price of just $0.0136855, with a high 35% APY staking already live for early participants.

Its Decentralized Canonical Bridge aims to solve BTC’s long-standing programmability gap without sacrificing trust assumptions.

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