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XRP expected to hold above $1 with potential bullish shift signaled by monthly buy indicator.

Technical Signals
09 Aug 2026, 11:39 WIB
Finbold
View Source
Neutral
XRP expected to hold above $1 with potential bullish shift signaled by monthly buy indicator.

XRP is forecasted to remain stable above the $1 support level, with AI models predicting a slight dip to around $1.03 by mid-August. Technical analysis shows XRP is consolidating after recent selling pressure, trading below key moving averages and with cautious investor sentiment. However, a monthly buy signal from the Tom DeMark Sequential indicator suggests a possible shift from bearish to bullish momentum, historically preceding major rallies. Additionally, increased accumulation by large XRP holders hints at potential recovery, making the coming weeks critical for XRP's price direction.

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