XRP Price Rises Over 45% This Week; Hopes for $3 This Year Grow

2026-08-27
XRP Price Rises Over 45% This Week; Hopes for $3 This Year Grow

XRP has staged a sharp rally this week, briefly climbing towards $1.70 after trading below $1 earlier in August. The move has renewed interest in XRP's price target and raised questions about whether the cryptocurrency can reach $3 in 2026.

The rally has been supported by renewed XRP ETF demand, regulatory optimism and broader crypto market strength. However, XRP still faces important resistance around $1.65 to $1.70, meaning the next move could depend on whether buyers can sustain the recent momentum.

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Key Takeaways

  • XRP's recent rally pushed the token from below $1 towards $1.70, although the exact weekly percentage varies depending on the measurement period.
  • U.S. spot XRP ETFs have continued to attract capital, while regulatory expectations and broader crypto market strength have supported sentiment.
  • XRP reaching $3 in 2026 would require roughly a 113% gain from the supplied $1.41 price, making it a bullish scenario rather than a confirmed forecast.

XRP Price Rises Over 45% This Week: What Happened?

XRP Price Rises Over 45% This Week: What Happened?
Source: CoinGecko

XRP has experienced a significant recovery during August, with the cryptocurrency moving sharply higher after trading below $1 earlier in the month.

Historical market data shows XRP reaching an intraday high of approximately $1.70 during the recent rally before pulling back. 

Reports published during the move placed XRP's seven day gain at more than 40%, although the precise percentage differs according to the timestamp used to calculate the weekly performance.

That distinction matters because crypto markets trade around the clock. A seven day percentage calculated at one point in the day can differ from a calculation made several hours later.

The broader trend, however, is clear. XRP has moved substantially higher from its August lows, while the rally has attracted renewed attention from traders and investors.

The move has not been entirely one directional. XRP's rejection near the $1.65 to $1.70 area shows that sellers remain active at higher prices. After reaching the recent high, XRP retraced towards the mid $1.40s and entered a period of consolidation.

That makes the next phase of the rally particularly important. A continued recovery would require XRP to absorb profit taking and establish support at higher levels rather than relying solely on short term momentum.

Read Also: XRP Price 2026, 2027, 2028-2050 | Prediction and Analysis

Why Is XRP Price Rising This Week?

Several factors have helped improve sentiment around XRP.

Renewed XRP ETF Demand

One of the most notable developments has been continued demand for U.S. spot XRP exchange traded funds.

Recent reports showed XRP ETFs recording nine consecutive trading sessions of net inflows through August 25. The funds attracted approximately $23.87 million on August 25 alone, while cumulative net inflows moved towards $1.6 billion.

Earlier data also showed approximately $39.78 million in weekly inflows during the strongest period of the recent rally.

These flows are relevant because they provide evidence that investors are continuing to seek regulated exposure to XRP. Sustained inflows could provide an additional source of demand if the trend continues.

ETF inflows should not, however, be treated as a guarantee that XRP will keep rising. Fund flows can change, while the token remains exposed to broader market conditions and normal cryptocurrency volatility.

Regulatory Optimism

Regulatory expectations have also contributed to the positive XRP narrative.

The proposed CLARITY Act has become an important development for the wider crypto market. Recent reporting identified September 15 as a key date for a Senate cloture vote.

Potential progress on crypto legislation could improve regulatory clarity for digital assets, which is one reason the issue has attracted market attention.

The outcome remains uncertain. The legislation still needs to progress through the political process, so it should be treated as a potential catalyst rather than a guaranteed event.

Stronger Crypto Market Conditions

XRP's rally has also taken place against a stronger backdrop for major cryptocurrencies.

Bitcoin recently moved above $80,000 before pulling back, reaching its highest level in several months. Strength in Bitcoin can improve overall risk appetite across the cryptocurrency market, potentially benefiting large altcoins such as XRP.

This relationship also creates a risk. If Bitcoin experiences a significant correction, XRP could come under pressure even if XRP specific developments remain positive.

Ripple's Institutional Expansion

Ripple has also continued expanding its institutional financial business.

On August 18, Ripple announced that Ripple Prime had closed a $275 million senior notes offering. The transaction provides another example of the company's development within institutional financial markets.

However, Ripple's corporate activity should not automatically be interpreted as direct demand for XRP. Ripple and XRP are separate, even though the digital asset is closely associated with the company and its broader ecosystem.

Read Also: XRP Price Prediction After $1 Support Test

XRP Price Analysis: Can the Rally Continue?

The $1.65 to $1.70 region is the most important near term area for XRP.

The token previously reached approximately $1.66 before retreating, indicating that sellers were willing to defend the area. A sustained move above $1.70 could therefore strengthen the current bullish structure.

If that breakout occurs, approximately $1.83 could become the next level to watch, followed by the psychologically important $2 mark.

The distinction between a brief move above resistance and a sustained breakout is important. XRP would ideally need to hold above the previous resistance area rather than immediately falling back below it.

On the downside, a renewed rejection could send XRP back towards its recent consolidation range. That would not necessarily end the broader recovery, but it could indicate that the market needs more time to absorb the sharp gains.

The recent rally has already been substantial, so profit taking is another factor to monitor. Rapid price increases can attract momentum traders while encouraging existing holders to lock in gains.

For that reason, XRP's ability to establish higher support may be more significant than another short term price spike.

Can XRP Reach $3 in 2026?

A $3 XRP price remains possible as a bullish scenario, but it would require a substantial increase from current levels.

Using the supplied XRP price of $1.41, the token would need to rise approximately 113% to reach $3.

Based on the supplied circulating supply of 62.745 billion XRP, a $3 price would imply a circulating market capitalisation of roughly $188.2 billion.

That does not mean XRP cannot reach the target. It means the market would need to generate considerably more demand than is reflected in the current price.

Several conditions could support such a move.

First, XRP would need to overcome the $1.65 to $1.70 resistance zone and establish higher support. A move towards $1.83 and then $2 would provide evidence that the recovery is continuing.

Second, ETF inflows would ideally remain positive. Continued demand from spot XRP ETFs could help maintain investor interest, although flows alone cannot determine the token's price.

Third, broader crypto market conditions would likely need to remain supportive. A sustained Bitcoin rally could provide a favourable environment for XRP, while a major market correction could make the $3 target more difficult.

Regulatory developments could also influence sentiment. Progress towards clearer crypto regulation could support the broader market narrative, but legislative outcomes remain uncertain.

Therefore, $3 should be viewed as a bullish price scenario, not a confirmed XRP price prediction.

What Could Stop XRP From Reaching $3?

The first obstacle is the $1.65 to $1.70 resistance zone.

If XRP repeatedly fails to break this area, traders could become less confident in the continuation of the rally. A deeper pullback could then follow as short term participants take profits.

ETF flows are another factor. The recent inflows have been supportive, but a slowdown or reversal could weaken one source of demand.

The broader crypto market presents another risk. XRP does not trade independently of Bitcoin and other major cryptocurrencies. A sharp Bitcoin correction could affect XRP's momentum even if XRP specific sentiment remains positive.

Regulatory developments could also move in either direction. Expectations around legislation can support prices before an event, but disappointment or delays could have the opposite effect.

Finally, the speed of the recent rally itself creates a risk. XRP's rapid recovery from below $1 towards $1.70 means the market may need to consolidate before attempting another major move higher.

XRP Price Outlook for the Rest of 2026

XRP's outlook can be considered through three broad scenarios.

Bullish scenario: XRP breaks above $1.70, holds the breakout and continues receiving support from ETF inflows and favourable crypto market conditions. In this case, $1.83 and $2 could become the next major levels, with $3 remaining a longer term bullish target.

Neutral scenario: XRP fails to break resistance but remains above its recent lows. Consolidation would allow the market to absorb the recent gains without necessarily invalidating the broader recovery.

Bearish scenario: XRP is rejected around $1.65 to $1.70, loses important support and faces weaker ETF demand alongside a broader crypto market correction. Such a combination could put significant pressure on the recent rally.

The most important factor in the short term is therefore whether XRP can convert its recent surge into a sustained uptrend.

XRP's $3 Target Depends on Sustained Momentum

XRP's latest rally has brought renewed attention to the possibility of a move towards $3 in 2026. ETF inflows, regulatory expectations and stronger conditions across the broader crypto market have provided support for the recovery.

The immediate challenge is whether XRP can overcome the $1.65 to $1.70 resistance zone and hold higher levels after its rapid advance. A successful breakout could bring $1.83 and $2 into focus, while another rejection could lead to further consolidation.

A $3 XRP price remains a bullish scenario rather than a certainty. Reaching that level would require significantly stronger demand and roughly a 113% gain from the supplied $1.41 price. 

Traders and investors should therefore watch XRP's price structure, ETF flows and broader market conditions as the rally develops.

FAQ

Is XRP going to keep going up this week?

XRP has strong recent momentum, but further gains are not guaranteed. The $1.65 to $1.70 area remains an important resistance zone. A sustained breakout above it could strengthen the bullish setup, while another rejection could lead to consolidation or a pullback.

Why did XRP price rise so much this week?

The rally has coincided with continued XRP ETF inflows, regulatory optimism and stronger conditions across the wider cryptocurrency market. XRP's recovery from below $1 also helped amplify the percentage gain.

Can XRP reach $3 in 2026?

XRP could reach $3 under a strong bullish market scenario, but it would require approximately a 113% increase from the supplied $1.41 price. ETF demand, market conditions and XRP's ability to break key resistance would be important factors.

What is XRP's next resistance level?

The $1.65 to $1.70 zone is the key immediate resistance area. If XRP breaks and holds above it, approximately $1.83 and then $2 could become the next levels to monitor.

Can XRP reach $10 in 2026?

A move to $10 would require a much larger rally than reaching $3. Based on the supplied circulating supply of 62.745 billion XRP, a $10 price would imply a circulating market capitalisation of approximately $627.5 billion. That makes $10 a highly speculative scenario rather than a base case.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Disclaimer: The content of this article does not constitute financial or investment advice.

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