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    Home»Markets»Crypto»22% Rally, But Ripple Still Undervalued
    Crypto

    22% Rally, But Ripple Still Undervalued

    Press RoomBy Press RoomAugust 21, 2026No Comments4 Mins Read
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    Author

    Ahmed Barakat

    Author

    Ahmed BarakatVerified

    Part of the Team Since

    Aug 2025

    About Author

    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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    CryptoNews Editorial Team

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    CryptoNews Editorial TeamVerified

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    Sep 2018

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    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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    August 21, 2026

    XRP-inspired token surging toward a purple and magenta resistance barrier on a digital market grid

    XRP price is changing hands at $1.3, up 18% on the day, extending a violent 22% rally that carried the token to $1.26 in a single 24-hour window days earlier, shrugging off bearish prediction. But what’s driving it, and more importantly, where does the smart money rotate once the easy gains are booked?

    The rally wasn’t XRP-specific. It traces back to two August 19 announcements: the U.S. Treasury doubling its longer-term bond buyback program to inject market liquidity, and President Trump reiterating his push to make the U.S. a Bitcoin superpower while pressing Congress to pass the CLARITY Act.

    BREAKING: The US 30 year yield just crashed below 5.20% after the Treasury doubled its long term bond buybacks.

    The yield hit 5.337% yesterday, a 19 year high, before dropping to 5.189%.

    A buyback is when the Treasury goes into the market and buys back bonds it already issued.… pic.twitter.com/grDig7Ui9F

    — Bull Theory (@BullTheoryio) August 19, 2026

    Following all the catalysts, the total crypto market cap responded with an 8% jump to $2.5 trillion in 24 hours. XRP simply rode the wave harder than most large-caps.

    That macro tailwind explains the spike, but it doesn’t answer whether XRP holds these levels or gives them back. The technical picture underneath the headline number tells a more complicated story.

    Discover: The Best Crypto to Diversify Your Portfolio

    XRP Price Prediction: Hit $1.50 This Week?

    XRP printed an intraday high of $1.32 in the 24-hour session that shook out short leveraged positions. Recent rally analysis points to resistance clustering near $1.30–$1.34, the exact zone price is testing now, while support has shifted up to $1.10–$1.00 after repeated tests of the psychological $1 level earlier this month.

    Momentum data, however, shows downside risk toward $0.62 if momentum fails, while Standard Chartered maintains a longer-term $2.8 target, a split that underscores how unsettled sentiment remains even mid-rally.

    • Bull case: a clean break and hold above $1.34 opens room toward $1.60–$1.80.
    • Base case: consolidation between $1.10 and $1.30 while the market digests the move.
    • Bear case: a fade back below $1.10 invalidates the breakout thesis and re-tests $1.00.

    Wave-count analysis suggests the reclaimed $1 level needs to hold as a floor for any of the bullish targets to stay credible.

    Trade XRP Market on Kalshi and Get a $25 Signing-up Bonus

    Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

    A 22% pop validates anyone who bought the dip below $1. But XRP is a multi-billion-dollar asset now, and a repeat of that percentage gain from here requires enormous capital inflow, not just sentiment.

    That math is exactly why traders chasing outsized returns increasingly look toward earlier-stage infrastructure plays where the market cap ceiling hasn’t been tested yet. Some of that rotation lands on Ripple’s broader valuation story; some of it lands on presales building the next layer of crypto infrastructure entirely.

    Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with native SVM integration, smart contract execution at speeds it claims outpace Solana itself, while settling back to Bitcoin’s base layer for security.

    The presale is priced at $0.013685 and has raised $33 million so far, with staking rewards on offer for early participants. The pitch: solve Bitcoin’s slow, expensive, non-programmable core through a decentralized canonical bridge and low-latency execution layer.

    Traders can research Bitcoin Hyper directly before the round progresses further.

    Discover: The Best Token Presales


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