XRP Haoge’s Today’s Market Analysis and Trading Strategy (August 10)
As of August 10, 2026, the XRP price is 1.03. Since falling from last July’s high of 3.65, it has dropped more than 70% overall. The week-on-week decline is 4.27%. Starting from the end of June, the market has been stuck in a long period of consolidation, ranging narrowly between 1.00 and 1.18, with a persistent bearish undertone.
Technical indicators show a clear split between bulls and bears. On the daily chart, the RSI stays around 40—momentum is weak but not yet oversold. On the weekly chart, the RSI has entered deep oversold territory. Combined with bullish divergence (price making new lows while indicators do not make new lows), the descending wedge is also approaching its apex, and rebound signals are gradually accumulating.
However, the bearish structure has not been fully reversed. Recent swing highs continue to shift downward, and the key resistance zone at 1.16 to 1.17 has long remained unbroken. Meanwhile, market participants also have capital positioned to bet on another test of the 1.00 level.
At present, 1.06 is XRP’s short-term core lifeline. If that level holds, the rebound targets are 1.35 and 1.64. If there is an effective breakdown below it, there is a high likelihood of a move down toward 0.80, and possibly even the 0.62 low.
Overall, the market is at a turning-point “crossroads.” We’ll need to wait for a directional choice.
For today, XRP Haoge’s outlook is to go long with the trend. You can place long orders in the 1.0310–1.0180 range. The first short-term target is 1.0450, and the second target is 1.0680. Keep a close watch on whether the key level at 1.06 can be broken. #Xrp🔥🔥 $XRP
As of August 10, 2026, the XRP price is 1.03. Since falling from last July’s high of 3.65, it has dropped more than 70% overall. The week-on-week decline is 4.27%. Starting from the end of June, the market has been stuck in a long period of consolidation, ranging narrowly between 1.00 and 1.18, with a persistent bearish undertone.
Technical indicators show a clear split between bulls and bears. On the daily chart, the RSI stays around 40—momentum is weak but not yet oversold. On the weekly chart, the RSI has entered deep oversold territory. Combined with bullish divergence (price making new lows while indicators do not make new lows), the descending wedge is also approaching its apex, and rebound signals are gradually accumulating.
However, the bearish structure has not been fully reversed. Recent swing highs continue to shift downward, and the key resistance zone at 1.16 to 1.17 has long remained unbroken. Meanwhile, market participants also have capital positioned to bet on another test of the 1.00 level.
At present, 1.06 is XRP’s short-term core lifeline. If that level holds, the rebound targets are 1.35 and 1.64. If there is an effective breakdown below it, there is a high likelihood of a move down toward 0.80, and possibly even the 0.62 low.
Overall, the market is at a turning-point “crossroads.” We’ll need to wait for a directional choice.
For today, XRP Haoge’s outlook is to go long with the trend. You can place long orders in the 1.0310–1.0180 range. The first short-term target is 1.0450, and the second target is 1.0680. Keep a close watch on whether the key level at 1.06 can be broken. #Xrp🔥🔥 $XRP