XRP trades near $1.40, up roughly 35% in a month, having rebounded from levels below $1.00 earlier this summer. The token mirrors a chart pattern observed in 2024, just before a 650% rally, with successive targets at $1.30, $1.90, $2.80 and $3.40 according to analysts. Spot trading volume hit a six-month high in August 2026, with Binance alone recording over $7.26 billion, while roughly 500 million XRP left the exchange, pushing reserves down to levels last seen in early 2024. Fibonacci analysis points to a next extension target near $2.13 at the 1.618 level. Some analysts remain cautious, viewing XRP as still within a corrective pullback between $1.10 and $1.38, with no confirmed low established yet.
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