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XRP rebounds against Bitcoin after hitting oversold levels, signaling potential recovery.

Market News
08 Aug 2026
UToday
View Source
Bullish
XRP rebounds against Bitcoin after hitting oversold levels, signaling potential recovery.

XRP reversed its decline against Bitcoin after five days, bouncing back from oversold conditions indicated by the RSI dropping to 25 before recovering to 35. This rebound suggests XRP might be regaining strength relative to Bitcoin, though the RSI remains bearish. Additionally, XRP's open interest rose 7% to $2.52 billion, indicating increased trader interest amid recent developments in Ripple and the XRP Ledger ecosystem. These factors combined hint at a possible recovery phase for XRP against Bitcoin if momentum continues.

More News (XRP)

Speculation resurges on XRP reaching $1,000 despite huge market cap gap and mixed community views.

Speculation resurges on XRP reaching $1,000 despite huge market cap gap and mixed community views.

The idea of XRP reaching $1,000 has resurfaced, fueled by comments from EasyA co-founder Dom Kwok and social media buzz. Currently priced around $1.60, XRP would need a massive 62,400% increase to hit $1,000, implying a market cap near $63 trillion. ...

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XRP rebounds to $1.54, testing resistance at $1.55 amid high Binance trading activity.

XRP rebounds to $1.54, testing resistance at $1.55 amid high Binance trading activity.

XRP recovered from a dip near $1.39 on September 20 to climb back toward $1.55, where sellers have so far capped gains. The token maintained a higher low pattern, indicating buyer strength, but has yet to decisively break above $1.55. Binance XRP res...

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XRP market cap tops $100B as price hits $1.6, driven by whale activity and ETF interest.

XRP market cap tops $100B as price hits $1.6, driven by whale activity and ETF interest.

XRP's market capitalization surpassed $100 billion on September 23, 2026, with its price rising nearly 4% to $1.6, a level not seen since February. This rally was fueled by increased whale transactions exceeding $100,000 and a surge in new wallet cre...

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5 hours ago
Ripple CTO spots SEC-like regulatory tactics in a major non-crypto US lawsuit

Ripple CTO spots SEC-like regulatory tactics in a major non-crypto US lawsuit

David Schwartz, Ripple's CTO Emeritus and XRP Ledger co-creator, identified regulatory tactics used by the U.S. SEC in a high-profile lawsuit unrelated to crypto. The case involves a private manufacturer challenging Connecticut's restrictive product ...

Market News
Neutral
6 hours ago
XRP breaks $1.60, eyeing $2 target amid strong technical momentum

XRP breaks $1.60, eyeing $2 target amid strong technical momentum

XRP has surged past the $1.60 resistance level, breaking a month-long downward trend and showing strong technical momentum with increased volume and support from moving averages. The price rose over 25% from recent lows, reaching around $1.62, with t...

Technical Signals
Bullish
7 hours ago
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