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XRP price jumps 18% in 24 hours, fueled by technical signals and institutional ETF inflows.

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

XRP surged to $1.31, rising 18% in 24 hours and over 31% for the week, driven by a technical pattern similar to 2020 and increased institutional demand for spot XRP ETFs. Despite this rally, XRP faces resistance between $1.20 and $1.35, with some risk of a pullback as inflows have slowed and RSI indicates overbought conditions. Ripple's ongoing partnerships and stablecoin issuance support the momentum, but regulatory uncertainty remains. A close above $1.35 could confirm a bullish trend, while a drop below $1.05 would raise doubts.

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