- XRP has surged over 22% in a week, as it has been backed by increased volume and renewed risk appetite in the wider crypto market.
- Buyers have returned to key intraday levels, continuing the latest advance, while the bulls have kept their momentum front of mind with increasing activity.
- The $1.50 area remains a key reference, while the $9.80 forecast faces several resistance levels before confirmation.
The cryptocurrency market is in recovery mode, with XRP’s rally momentum increasing as weekly gains have picked up, trading volume has surged, and buyers have resumed aggressive buying at higher price levels.
Weekly Strength Accelerates as Buyers Return
KingXRP has called for a $9.80 target, while Crypto Fortress reported gains above 22%. Both posts point toward stronger momentum during the recent market recovery. Their updates arrive as buying activity across major cryptocurrencies has increased.
Bitcoin and several large-cap coins have also moved higher recently. That broader recovery has helped improve overall risk appetite across crypto markets. XRP has responded with particularly strong short-term price performance.
Crypto Fortress also linked the advance with higher trading volume. Increased activity suggests more participants are engaging with the recent move. The weekly performance has therefore developed alongside stronger market participation.
XRP as of writing is trading at $1.36, following an approximately 18.5% daily gain. Reported 24-hour volume stands near $8.6 billion, up more than 122%. These figures indicate 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 through $1.20 before momentum accelerated toward midday. Price subsequently approached the $1.34 area before experiencing a sharp pullback.
That correction brought the market toward the $1.23- $1.25 zone. Buyers then defended the area and rebuilt upward momentum. Price later consolidated between approximately $1.25 and $1.30.
The $1.30 region eventually gave way as buying pressure returned. Price moved beyond that consolidation before reaching the session’s latest high. This sequence created higher highs and higher lows across the displayed period.
The recovery therefore extends beyond a single upward spike. Buyers absorbed the midday decline before establishing another advance. Sustaining levels above $1.30 would keep the current short-term structure constructive.
$1.50 and $9.80 Targets Remain Separate
The supplied graphic places $1.50 above a rising sequence of candles. A green arrow extends beyond that marker toward substantially higher territory. The visual therefore presents $1.50 as an important upside reference.
KingXRP has issued a considerably more aggressive forecast for September 1. The post claims XRP could reach $9.80 by that date. It also identifies August 24 as a potentially intense period for market activity.
The $9.80 forecast sits well beyond the chart’s marked $1.50 reference. Several intermediate advances would therefore be required before that target becomes technically relevant. The forecast itself does not establish confirmation of such a move.
Crypto Fortress instead emphasizes weekly strength, rising volume, and improving market conditions. Its update connects the move with broader risk appetite across cryptocurrencies. Together, these factors keep attention on whether the current momentum can persist.
