In our last XRP weekly prediction, we talked through three possible outcomes. The bullish scenario would be a breakout over $1.10 and then $1.15, leading to $1.20-$1.25. The neutral one was that the XRP price will continue trading between $1.05-$1.10 without any breakout. The bearish one was a fall under $1.05 and, as a consequence, $1.00 and even $0.95 would become important price levels.
Right now, the neutral scenario is the one that’s playing out. XRP has not yet found a way to recover above the $1.10 level; it is currently trading at $1.04, which means that traders continue to experience the same narrow range of fluctuations from late July. For bulls, however, it is positive news that buyers are constantly entering the market near the $1.00 level.
What you'll learn 👉
Catalysts Driving the XRP Price This New Week
The biggest XRP-specific development is the release of XRP Ledger version 3.3.0 on August 6, 2026. The update adds support for six proposed amendments, including Confidential Transfer, Batch transactions, Sponsor, Permission Delegation, Dynamic MPT, and a bundled fix amendment.
XRP Ledger version 3.3.0 is now available ✅
— XRP Ledger Operations (@XRPLOperations) August 6, 2026
New amendments for voting:
1) Confidential Transfer – encrypted MPT balances and transfers.
2) Batch – wrap up to 8 transactions that execute atomically under four different modes.
3) Sponsor – sponsored fees and reserves.
4)… pic.twitter.com/8yKf2diniR
Confidential Transfer introduces encrypted balances for Multi-Purpose Tokens, and Batch allows up to eight transactions to execute atomically in one operation. The release also reduces node memory usage by 10-15% and improves synchronization performance.
These features are not active yet because validators still need to approve them through the amendment voting process. Even so, the upgrade gives financial institutions more tools for private transfers, complex settlements, and tokenized-asset applications, which is why traders are paying attention.
XRP’s legal picture improved after the SEC case ended in August 2025, confirming that XRP is not a security on public exchanges. The next big regulatory event is the pending CLARITY Act, which could formally classify XRP as a digital commodity and potentially make institutional participation easier.
What Is Ripple’s XRP Chart Showing?
We had a look at the recent XRP chart, and the structure is fairly easy to follow. XRP traded down from $0.95 to the end of June and then jumped up to $1.20 towards the beginning of July.
Following this move, buyers lost steam, and the price started moving back towards the range between $1.00 and $1.05. The good news is the momentum situation. The RSI is at 47.6, meaning that it’s slightly under neutral territory but has formed a higher low despite price reaching $1.01.
Generally, this pattern means that selling momentum is possibly fading. It remains a quiet period in terms of volume. This means that neither buyers nor sellers have any conviction yet. The bottom line is that the market is waiting for some catalyst to trigger a significant movement.
Read Also: XRP Price Prediction if Bitcoin Hits $120K and Ethereum Hits $6K
So, How High Can XRP Go This Week?
The bullish roadmap is fairly clear. The target price level if buyers drive the price of XRP above $1.10 and subsequently above $1.15 on higher volumes will be $1.20, but with any improvement in momentum, the attention will shift to $1.25.
The base case is still consolidation. If Bitcoin continues moving sideways, XRP could spend another week trading between $1.05 and $1.10. The downside levels are also easy to identify. A break below $1.05 would put $1.00 back on the table, and a daily close under $0.95 would weaken the current bullish setup.
For now, the market remains a waiting game. The XRP price has support, it has a fresh network upgrade, and it has a potential regulatory catalyst in the background. What it still needs is the one thing that has been missing for weeks: a decisive breakout above $1.10 with real buying volume behind it.
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