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XRP soared 45% in a week, and the number of active addresses surged 650%

2026-08-27 01:03:20
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XRP Price Analysis

XRP, a token closely related to Ripple, rose more than 45% in seven days before falling back to US$1.41, while ETF trading and online activity strengthened, but not enough to support the US$10 target price.

Key Points

Despite an intraday correction of 2% and a year-to-date decline of about 20%, XRP still rose by more than 45% in seven days and by about 40% in 30 days.

The number of active addresses jumped from 47,180 to 356,070, and the number of receiving addresses increased by more than 698%. The report also mentioned that an institution's XRP ETF trading volume has set a record for three consecutive days.

Short-term resistance is between $1.51 and $1.62, while reaching $10 requires a rise of about seven times from $1.41.

Cryptocurrency rebound data

XRP traded at US$1.41, down 2% in 24 hours, after its weekly gain ranked among the top ten cryptocurrencies. The token still rose by more than 45% in seven days.

XRP also rose by about 40% in 30 days, but is still down by about 20% so far this year. The latest rally has only recovered part of the previous decline in 2026.

Data from a data platform shows that XRP active addresses jumped 650%, from 47,180 to 356,070, and received addresses increased by more than 698%. The report also mentioned that an institution's XRP ETF trading volume set a record for three consecutive days.

reported that long whale positions began to increase again after initial profit-taking, indicating that some large traders were re-establishing positions after locking in gains.

XRP Price Outlook

XRP is consolidating above $1.40, with resistance at $1.51,$1.53,$1.57 and $1.62, and support around $1.31,$1.30 and a stronger $1.00.

A continued closing above US$1.51 and continued inflows of ETFs could push the price to US$1.62; a break below US$1.30 would weaken the short-term structure and bring US$1.00 back into focus. The current pattern is still conditional.

An analyst model quoted by a crypto news platform pointed out that if a new catalyst emerged, the price could reach US$2.50, but it would take about a seven-fold increase to increase from US$1.41 to US$10, and current data does not show a catalyst of this magnitude.

The rally still marks a significant reversal from its performance in early 2026, as XRP fell about 20% during the year despite a 40% rise last month. This makes the $10 move dependent on catalysts other than the current rally.

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