As of August 24, 2026, XRP has emerged as one of the standout performers in the crypto market over the past week, jumping nearly 50% to trade around $1.50 with a market capitalization above $93 billion. The asset briefly flipped BNB to become the fourth-largest cryptocurrency before returning to fifth place.
Analysts are divided on the next move. Trader CW noted that XRP has re-entered an ascending channel and that a golden cross has formed between the EMA lines of the RSI indicator, arguing that “a bullish rally has begun.” Another market observer, Diana, took a more cautious stance: the RSI has cooled from overbought levels, which could allow a reset, but the $1.42–$1.30 support zone is critical. Holding that area could pave the way to $1.70, while losing $1.42 may trigger a decline below $1.30.
Other commentators are more aggressive. Celal Kucuker predicted a move to $6 “coming soon,” while Cup argued XRP is repeating the same macro structure that sent the asset vertical in 2017, potentially targeting a new all-time high of $15. Spot XRP exchange-traded funds have also seen renewed inflows, with the last net outflow day recorded on August 5 and last week marking the strongest ETF flow performance since May.
At the same time, promotional material for XRPPower, a platform launched in 2023, has been circulating alongside XRP’s rally. The platform claims to offer AI-powered automated yield plans with advertised maximum daily returns of up to $17,000, support for BTC, XRP, and ETH, and an invitation reward program. It says it serves more than 3 million users across 180 countries. Such claims are third-party marketing and have not been independently verified; users should conduct their own due diligence before interacting with any yield platform.
From around $1.50, a move to $10 would require a roughly 570% increase, a target some market participants mention but one that depends on demand, liquidity, and broader crypto conditions.