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XRP rebounds to $1.15, erasing 26 days of losses and challenging key resistance levels.

Technical Signals
20 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP has surged back to $1.15, wiping out nearly a month of selling pressure in a single day. This rebound challenges the 50-day EMA, a critical resistance point XRP hasn't closed above since May 2026, signaling potential momentum shift. Increased network activity and rising high-value transactions support the bullish outlook. However, XRP must sustain above $1.15 and clear the 50 EMA to confirm a lasting recovery and target higher resistance between $1.18 and $1.23.

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