XRP Must First Drop to Retest the 300WMA Before a Surge to the Chasm at $50

NewsMon, 31 Aug 2026 10:03:52 UTC6 hours ago
XRP Must First Drop to Retest the 300WMA Before a Surge to the Chasm at $50

XRP has the potential to rally toward a two-digit price target, but it may first need to correct further to retest support at the 300WMA. After rising to a three-month high of $1.69 two weeks ago, XRP ran into resistance at this level and started to pull back.

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