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XRP likely to retest $1 level in August amid bearish trader sentiment on Kalshi.

Market News
08 Aug 2026
UToday
View Source
Bearish
XRP likely to retest $1 level in August amid bearish trader sentiment on Kalshi.

XRP is facing bearish sentiment as traders on the Kalshi prediction market bet on a retest of its multi-month low around $1 this August. Despite brief price recoveries, XRP has struggled with prolonged volatility and a recent price decline has shaken short-term confidence. However, some analysts note a slight price gain recently, suggesting potential exhaustion of the downtrend. The outcome depends on whether XRP can maintain positive momentum to counteract bearish bets.

More News (XRP)

XRP inflows to Binance surge 663%, but reserves stay stable, signaling token rotation over accumulation.

XRP inflows to Binance surge 663%, but reserves stay stable, signaling token rotation over accumulation.

In the week ending September 20, XRP deposits to Binance jumped 663% to an average of 21.7 million tokens per day, a significant increase from the usual 2.85 million. Despite this surge, Binance's XRP reserves remained nearly unchanged at 2.63 billio...

Market News
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4 hours ago
XRP breaks $1.60, hitting $1.64 with strong whale activity and potential rise to $2.

XRP breaks $1.60, hitting $1.64 with strong whale activity and potential rise to $2.

XRP surged past the $1.60 mark, reaching around $1.64, its highest since early February, driven by nearly 1,917 large transactions over $100,000 and 3,647 new wallets created. Binance saw a 663% increase in XRP deposits, though total holdings remaine...

Technical Signals
Bullish
4 hours ago
XRP market cap tops $100B after 8% price jump, signaling strong investor interest and potential for further gains.

XRP market cap tops $100B after 8% price jump, signaling strong investor interest and potential for further gains.

XRP's market capitalization has surged back above $100 billion following an 8% price increase, making it one of the best-performing cryptocurrencies recently. Despite this milestone, XRP remains over 55% below its record high from last year, suggesti...

Market News
Bullish
5 hours ago
XRP rebounds to $1.55, eyeing a breakout amid rising Binance reserves and active trading.

XRP rebounds to $1.55, eyeing a breakout amid rising Binance reserves and active trading.

XRP has recovered sharply from a dip near $1.39 to hold around $1.55, maintaining a bullish price structure. The token faces resistance at $1.55, which if cleared decisively, could reduce selling pressure and boost upward momentum. Meanwhile, Binance...

Technical Signals
Neutral
8 hours ago
XRP price tops $1.60 with record whale transactions and rising wallet activity.

XRP price tops $1.60 with record whale transactions and rising wallet activity.

XRP surged above $1.60 for the first time since February 4, driven by a monthly high of 1,917 large transactions worth over $100,000 and 3,647 new wallets created, indicating increased market interest. Despite the rise in price and activity, it remai...

Technical Signals
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11 hours ago
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