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.
As of August 26, 2026, XRP is trading at approximately $1.41 to $1.44, down roughly 4% to 5% for the day following a minor market pullback. Despite today's consolidation, the cryptocurrency remains one of the market's strongest weekly performers, holding onto an aggressive 44% to 50% weekly rally that pulled it up from a cycle low near $0.98 earlier this month.
XRP Price News & Insights Today 26-8-2026 - Video by More Crypto Online.
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XRP Insights Today
-Institutional ETF Inflows: Demand for spot XRP ETFs has surged, hitting a six-day continuous inflow streak that brought in over $56 million in August alone. A single-day record of $18 million in inflows was recently triggered by positive macro signals, pushing total ETF trading volume past $500 million this month.
-Korean Trading Frenzy: Retail trading on South Korean exchanges like Upbit has exploded. XRP claimed the top spot for won-denominated turnover, accounting for over 16% of the exchange's entire volume as global buy pressure peaked.
-On-Chain Volume Disconnect: The XRP Ledger saw a massive 521% spike in total payment transfer volume, signal-boosting institutional use cases. However, the average number of daily active users and newly created addresses dropped by double digits, showing that existing whales are doing the heavy lifting.
-Profit-Taking Resistance: Analysts point out that today's cooling-off period is standard buyer exhaustion after a rejected attempt to cleanly break and hold above the major $1.50 to $1.70 overhead resistance zone.
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