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XRP tests key long-term support; breakout could push price to $6–$10 amid new bank rewards in Japan

Technical Signals
17 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

XRP is currently retesting a significant long-term trendline that has supported its price since 2020, signaling a potential base for recovery. Analyst Steph Is Crypto highlights that a confirmed breakout above this resistance could drive XRP's price toward the $6 to $10 range over the next 1–2 years. Meanwhile, SBI Shinsei Bank in Japan has launched a new rewards program offering XRP incentives for six-month yen deposits, expanding crypto exposure through traditional banking. The next critical move depends on whether XRP can hold this trendline and attract strong buying volume to sustain an upward trend.

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