XRP has climbed more than 22% over the past week, supported by rising trading volume and renewed risk appetite across the wider cryptocurrency market. Buyers have re-engaged at key intraday levels to extend the latest advance, and bullish activity has accelerated as the move has progressed.

The $1.50 area stands out as a key reference on current charts, while the $9.80 forecast circulating on social media would need to clear several resistance levels before any confirmation.

Weekly Strength Accelerates as Buyers Return

Analyst KingXRP has called for a $9.80 target, while Crypto Fortress reported weekly gains above 22%. Both updates point to strengthening momentum during the recent market recovery and arrive as buying activity across major cryptocurrencies has picked up.

Bitcoin and several large-cap coins have also moved higher recently, and that broader recovery has improved overall risk appetite across crypto markets. XRP has responded with particularly strong short-term price performance. The token is closely associated with Ripple and the XRP Ledger, a payments-focused blockchain used for cross-border settlement, and it remains among the largest cryptocurrencies by market value, which keeps its weekly performance widely followed across the market.

Crypto Fortress also linked the advance to higher trading volume, an indication that more participants are engaging with the move. The weekly performance has therefore developed alongside stronger market participation.

At the time of writing, XRP was trading at $1.36, an approximate 18.5% daily gain. Reported 24-hour volume stood near $8.6 billion, up more than 122% — figures that point to substantial activity during the latest upward move.

Price Structure Shows Strong Intraday Recovery

The displayed session began around the $1.08 to $1.10 region. Buyers gradually pushed price through $1.20 before momentum accelerated toward midday, and the market subsequently approached the $1.34 area before a sharp pullback.

That correction brought price back toward the $1.23–$1.25 zone, where buyers defended the level and rebuilt upward momentum. Price later consolidated between roughly $1.25 and $1.30 before the $1.30 region gave way as buying pressure returned, allowing the market to move beyond the range and reach the session's latest high.

This sequence produced higher highs and higher lows across the displayed period, meaning the recovery extends beyond a single upward spike. Buyers absorbed the midday decline before establishing another advance, and sustaining levels above $1.30 would keep the current short-term structure constructive.

$1.50 and $9.80 Targets Remain Separate

The accompanying chart places $1.50 above a rising sequence of candles, with a green arrow extending beyond that marker toward substantially higher territory. The visual presents $1.50 as an important upside reference.

KingXRP has issued a considerably more aggressive forecast, claiming XRP could reach $9.80 by September 1 and identifying August 24 as a potentially intense period for market activity.

The $9.80 figure sits well beyond the chart's marked $1.50 reference, and several intermediate advances would be required before that target became technically relevant. It would also stand far above XRP's all-time high, a record set in early January 2018 that remains below $4 on major market-data trackers, meaning the figure represents territory the asset has not previously traded in. The forecast itself does not establish confirmation of such a move.

Crypto Fortress instead emphasizes weekly strength, rising volume, and improving market conditions, connecting the advance to broader risk appetite across cryptocurrencies. Together, these factors keep attention on whether the current momentum can persist, with the observable checkpoints ahead being whether reported volume stays elevated, whether buyers continue to defend the $1.30 area, and how price behaves on any approach toward the $1.50 chart reference.