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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)

U.S. spot XRP ETFs saw $740K inflows while Bitcoin spot ETFs lost $261M on Oct. 14, showing mixed fund activity.

U.S. spot XRP ETFs saw $740K inflows while Bitcoin spot ETFs lost $261M on Oct. 14, showing mixed fund activity.

On October 14, U.S. spot XRP ETFs recorded net inflows of about $740,000, contrasting sharply with Bitcoin spot ETFs which experienced $261.4 million in outflows. This split highlights differing investor interest in these digital assets on that day. ...

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Cross River Bank integrates Ripple's RLUSD stablecoin into traditional banking for easier business payments.

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Cross River Bank integrates Ripple's RLUSD stablecoin for faster, cheaper cross-border payments.

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Cross River Bank has partnered with Ripple to integrate the RLUSD stablecoin into its banking infrastructure via the XRP Ledger. This integration enables fintech companies to use blockchain payments, cross-border transfers, and real-time settlements ...

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XRP nears key resistance at $1.60 amid mixed signals but potential local bottom forming.

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XRP is approaching a major resistance level at $1.60, with a possible drop to $1.25 before a rebound. Despite bearish sentiment and active selling by whales, technical indicators suggest a local bottom may be forming, signaling a potential rally. The...

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The cryptocurrency market experienced $932 million in forced liquidations overnight, the largest since August, with XRP, DOGE, and NEAR among the hardest hit. Most losses (84.3%) were from long positions, especially in Ethereum and Bitcoin. Despite t...

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