In this video I provide an updated Elliott Wave analysis for XRP to determine the potential trajectory of its current counter trend move. I break down the key support and resistance levels that are essential for navigating this volatile price action and explain how to identify a meaningful structure for the next leg higher.
XRP Price News & Insights Today 20-8-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!
Learn more >>
XRP Insights Today
XRP jumped over 20% in 24 hours to trade near $1.31–$1.33, driven by strong spot ETF inflows of $13.23 million, heavy whale accumulation of 300 million tokens, and positive regulatory optimism following a high-profile White House crypto meeting with Ripple CEO Brad Garlinghouse.
-A White House crypto policy discussion on August 19–20 boosted hopes for streamlined U.S. digital asset rules.
-Whale Accumulation: Large investors scooped up approximately 300 million XRP over a 96-hour window.
-Technical Outlook: Daily RSI indicators have surged past 78–80, signaling an overbought short-term condition even as buying volume hits multi-month highs.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
