XRP Holds $1.40 After Sharp Drop, $2.70 Target Comes Into View

XRP (XRP) has recovered above $1.40 after sliding from $1.70, while analyst EGRAG CRYPTO says a breakout could eventually send it toward $2.70.

Key Points:

• XRP rebounded above $1.40 after falling to roughly $1.33 from its mid-August peak near $1.70.
• Spot trading activity reached its highest level since February, while XRP-linked funds recently posted their strongest weekly inflows of 2026.
• EGRAG sees $1.50 and $1.60 as the immediate resistance levels before $2.00 and a possible $2.70 target.

XRP Resistance

XRP’s mid-August rally stalled at $1.70 before a sharp correction carried the token to about $1.33 in just over a week. Buyers then pushed XRP back above $1.40, keeping the latest recovery intact.

The rebound came with a sharp increase in spot trading, which reached its highest level since February in late August.

Binance handled nearly $7.3 billion in XRP trades, followed by Upbit at about $4.7 billion and Bithumb at $2.6 billion.

Demand also appeared in XRP-linked investment products, which attracted more than $110 million during their best week of 2026 at the end of August. Cumulative net inflows reached a record $1.66 billion, while the funds remained positive for a second straight month despite slower inflows last week.