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XRP price jumps 20% past $1.40 on regulatory hopes and whale buying

Market News
21 Aug 2026, 15:30 WIB
Crypto news
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Bullish
XRP price jumps 20% past $1.40 on regulatory hopes and whale buying

XRP price surged about 20% within 24 hours, reaching an intraday high of $1.43, driven by optimism over potential U.S. crypto regulation and significant whale accumulation of over 300 million tokens. The rally followed a meeting between President Trump and crypto leaders, including Ripple's CEO, where a proposed Digital Asset Market Clarity Act was discussed to clarify federal oversight. Technical indicators turned bullish, with strong buying volume and a breakout above key resistance levels. However, the rally faces risks from uncertain Senate approval and potential profit-taking near $1.48 resistance.

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