XRP has cooled off after that big run earlier in the cycle, but on-chain data shows buyers are holding the line at a key area. Analyst Ali Martinez pointed out that about 3.2 billion XRP changed hands between $1.35 and $1.38. That makes it one of the biggest demand zones on XRP’s URPD chart, a tool that shows where people last moved their coins.
This comes after XRP rallied 71.8%, going from $0.988 up to $1.698, before pulling back about 20%. Even with that drop, XRP is still sitting above one of its largest support clusters. So bulls have a level worth defending.
What you'll learn 👉
Analyst Expects a Retest Before the Next Battle
Prominent analyst EGRAG Crypto believes the XRP price may still need one more test lower before attempting another major move higher. His tracking model points to a path where XRP continues trading around the $1.40 region, drops into the $1.15-$1.20 range, and then attempts a recovery.
#XRP – Short-Term Tracker 🖲️:
— EGRAG CRYPTO (@egragcrypto) August 30, 2026
🟣My tracker is currently suggesting:
🎯$1.40 area → grind/retest → $1.15–$1.20 → recovery attempt → $1.63–$1.65 battle
🎯And if $1.65 is reclaimed with strength:
🎯$1.80 becomes the next major upside checkpoint.
🟣Until then, I respect the… pic.twitter.com/6DLpgfvh7h
EGRAG calls this area the most logical retest zone because it lines up with key structural support and the lower boundary of the current market setup. For him, the level that changes everything is $1.65. A strong weekly close above that mark would invalidate much of the bearish retest scenario and force traders to reassess the market structure.
If that happens, EGRAG believes $1.80 becomes the next major target. Until then, he remains focused on three key numbers: $1.15-$1.20 as support, $1.65 as the trigger, and $1.80 as the next resistance battle.
Read Also: Crypto Price Prediction for Today, August 30: Solana (SOL), XRP, and Bitcoin (BTC)
Several Resistance Walls Still Stand Above XRP
Holding support is only one part of the equation. The XRP price also faces multiple resistance zones where large amounts of XRP previously changed hands.
Ali’s data shows that approximately 1.99 billion XRP were traded near $1.60, another 1.98 billion XRP were accumulated around $1.68, and about 3.47 billion XRP were moved near $1.86.
Those levels could become difficult obstacles because many holders who bought there may decide to exit once the XRP price revisits their entry points. That means any rally from current levels is likely to face resistance at each of those zones before a larger breakout can happen.
Can XRP Reach $2 Again?
The answer largely depends on whether buyers can keep defending the current support area. As long as the XRP price remains above the $1.35-$1.38 demand zone, the path toward $1.60 and $1.68 stays open.
A move above $1.86 would be especially important because Ali’s URPD data shows relatively lighter resistance until around $2.19, where another 3.12 billion XRP were previously traded. If support breaks, however, EGRAG’s projected retest area between $1.15 and $1.20 becomes the next major destination.
For now, the XRP price is caught between one of its strongest support zones and several major resistance clusters overhead. The next few weeks should reveal whether buyers can turn this 3.2 billion XRP demand area into the foundation for another push higher.
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