XRP Targets $1.10 — August 2026 Outlook

XRP has remained under pressure in recent weeks, falling around 8% over the past month and extending its year-to-date decline to more than 45%. Like many major cryptocurrencies, XRP has faced sustained selling pressure throughout 2026 amid geopolitical instability and broader market pullbacks.

With the token now trading at the psychologically significant $1 mark, traders may be watching closely to see whether buyers can defend this key level or whether the decline has further room to run.

XRP technical analysis

XRPUSD - 1 Day Time Frame

XRP is currently trading around $1.00, in line with its immediate support at the psychologically important $1 level, which also represents a new 2026 low. This makes the current area particularly important for XRP's short-term price structure.

On the upside, the nearest support/resistance level is located around $1.09, which is currently acting as resistance. A sustained move above this level could improve the short-term technical outlook and indicate that buying pressure is beginning to recover. If XRP manages to break above $1.09 and subsequently holds the level as support, it could provide a stronger base for a recovery toward higher resistance levels.

Conversely, failure to hold the $1 support could weaken the current structure and expose XRP to further downside. As the token is already trading around a new 2026 low, a confirmed break below this psychologically important level could leave the market searching for a new support area.

XRP price target

If XRP breaks above $1.09 and establishes the level as support, the next upside target could be around $1.17, an area last tested during the third week of July. A sustained move above $1.17 could then shift attention toward the more significant $1.30 resistance, last tested in mid-June. This would represent a considerably stronger recovery and could further improve XRP's short-term technical picture.

Alternatively, XRP could continue consolidating between the $1.00 support and $1.09 resistance while traders wait for a clearer directional signal. For now, defending the $1 level remains particularly important, while a move above $1.09 could provide the first meaningful indication of improving momentum. Broader cryptocurrency market sentiment, macroeconomic conditions, and geopolitical developments could also continue to influence XRP's next direction.

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