XRP, the native cryptocurrency of the XRP Ledger, drew broad market attention on Monday, August 24, 2026, as analysts worked through the token’s technical structure. Their assessments concentrated on breakout confirmation, moving-average compression, and the support zones that could shape the next move.

At the time of writing, XRP is trading at $1.48, showing an increase of 0.07% over the past day. Its 24-hour trading volume stands at $6.12 billion, while market capitalization sits at $93.18 billion. Over the past seven days, the XRP price has climbed 49.1%, according to CoinMarketCap. A one-week move of that magnitude sits far outside the ranges major traditional asset classes typically record over the same span, a reminder of the volatility that keeps chart analysts focused on structure after sharp crypto rallies.

Why $1.65 Is Crucial for the XRP Price Outlook

Popular analyst Egrag Crypto highlighted that the “red roadmap” for XRP remains active. His assessment focuses on how the token reacts near the decisive $1.65 level. XRP was trading at $1.45 when Egrag shared his most recent analysis, and he described $1.65 as the gate that will determine the market’s next direction.

A failure to break this level, he noted, would mean the downtrend’s technical structure is maintained. In that scenario, Egrag expects the token to move toward its 333-week exponential moving average (EMA). An EMA weights recent prices more heavily than a simple average, and a 333-week reading spans more than six years of price history, which is why long-horizon averages of this kind are followed as gauges of macro trend direction and as zones of potential dynamic support. Such a move, he argued, would end in either a bottom or a higher low before the price heads back up.

Egrag identified $1.05, $0.95, and $0.85 as a possible macro bottoming area for the coin. His chart shows the declining 50-week EMA drawing closer to the rising 333-week EMA, with the XRP price positioned between the two long-term trend indicators. Convergence between averages of different lengths is treated in chart analysis as a decision zone between competing trends. According to Egrag, this configuration represents an inflection point for the token.

His expected pattern begins from $1.45 and involves a rejection near $1.65. The path then runs through a 333-week EMA retest, a bottoming phase, and a gradual recovery. A strong weekly close above $1.65, however, would render the pattern invalid.

How Can the XRP Price Regain Momentum Toward $1.70?

Analyst Diana examined XRP’s pullback after the token rallied from roughly $1.00 to $1.70. She noted that the XRP price is consolidating between $1.47 and $1.50 as momentum eases. Diana identified $1.42 as the closest dynamic support and the level to watch for short-term considerations, while she placed the strongest visible support, tied to the breakout, in the range of $1.29 to $1.30.

On the upside, buyers must recover the area between $1.50 and $1.60, and the local high at $1.70 remains the next key resistance point in the analyst’s perspective. The Relative Strength Index (RSI), according to Diana, has retreated from values above 80 down to 62. The RSI is a momentum oscillator scaled from 0 to 100, with readings above 70 conventionally treated as overbought and readings below 30 as oversold. The reduced reading indicates that the XRP price has stepped away from overbought territory following the rally.

🚨 $XRP SLIPS BACK TOWARD $1.47 — IS THIS A HEALTHY COOLDOWN BEFORE ANOTHER ATTACK ON $1.70? 👀🔥 After exploding from roughly $1.00 to $1.70, $XRP is now consolidating around $1.47–$1.50 as the initial breakout momentum cools. But technically, the structure is STILL holding… pic.twitter.com/eORhVhjC48

— Diana (@InvestWithD), August 24, 2026

Diana observed that momentum has cooled even though XRP remains significantly above its price before the breakout. This suggests that the market is resetting without erasing the earlier advance.

Consolidation inside the $1.42 to $1.30 range would keep the bullish technical scenario intact. After that, the XRP price would need to reach the area between $1.50 and $1.60 before testing the $1.70 mark.

A break below $1.42, on the other hand, would create downward pressure toward the $1.29 to $1.30 region. A breakdown below $1.30 would constitute the first sign of a waning breakout move.

This article contains market analysis and price predictions, which are not guarantees. Crypto markets are volatile; always do your own research (DYOR). This article is not financial advice.