XRP Brother Today’s Trading Guide
As of August 29, 2026, XRP as a whole is in a pullback-and-repair phase. The intraday decline remains in the 3%–5.5% range, and the current price is stable around 1.38–1.39.
This round of pullback is driven by resistance from the weekly 50-week moving average, along with simultaneous pressure from both macro conditions and technical factors. The short-term trend is relatively weak. However, the funding rate has fallen to a low level, and under an oversold scenario there is an opportunity for a technical rebound. 1.30 is the key near-term pivot between bulls and bears; only by holding above 1.43 can the downward pressure be fully eased.
Previously, XRP saw a strong surge thanks to institutional capital. At present, this is only a phase of adjustment and not a trend reversal.
For today, the overall approach is to go long in line with the prevailing direction. You can gradually enter long positions in batches within the 1.3830–1.3680 range. For the short-term, the first target is 1.3980; after a breakout, you can further look toward the 1.4260 resistance area. #Xrp🔥🔥 $XRP
As of August 29, 2026, XRP as a whole is in a pullback-and-repair phase. The intraday decline remains in the 3%–5.5% range, and the current price is stable around 1.38–1.39.
This round of pullback is driven by resistance from the weekly 50-week moving average, along with simultaneous pressure from both macro conditions and technical factors. The short-term trend is relatively weak. However, the funding rate has fallen to a low level, and under an oversold scenario there is an opportunity for a technical rebound. 1.30 is the key near-term pivot between bulls and bears; only by holding above 1.43 can the downward pressure be fully eased.
Previously, XRP saw a strong surge thanks to institutional capital. At present, this is only a phase of adjustment and not a trend reversal.
For today, the overall approach is to go long in line with the prevailing direction. You can gradually enter long positions in batches within the 1.3830–1.3680 range. For the short-term, the first target is 1.3980; after a breakout, you can further look toward the 1.4260 resistance area. #Xrp🔥🔥 $XRP
