Key Points:
- The price for XRP keeps staying at the $1.49 level, with a good momentum against $1.50 resistance and rising XRPL activity.
- XRP price is still bullish but the overbought conditions can lead to some pullback to important support levels.
- The activity in XRPL is gaining ground as the number of transactions and payments grows.
The XRP price is trading at $1.49 on August 23, 2026, after a sudden price move, which brought the price from the $0.95-$1.0 range up to a high close to $1.70.XRP is currently trading around$1.48-$1.495, while the daily chart shows price above the 20, 50, 100 and 200-day exponential moving averages.
The move has also pushed XRP above the upper Bollinger Band, while the daily Relative Strength Index (RSI) stands near 85.9.
At the same time, activity on the XRP Ledger has increased across several network metrics, including transactions per closed ledger, successful transactions, active users, payment volume and decentralized exchange operations.
XRP Price Faces Resistance at $1.50
The XRP price has broken above the $1.30 and $1.40 resistance areas during the recent advance. The move followed a recovery from levels near $1.00 and carried XRP above its major daily EMAs.
The next immediate level is $1.50, which has emerged as the first psychological resistance. A sustained daily close above that level would place $1.60 and $1.70 as the next resistance areas identified on the daily chart. XRP previously reached approximately $1.70 during the current move.
Source: Trading View
Technical structure analysis further reveals higher short-term risks. An RSI reading close to 86 means that the coin is in an overbought condition, while trading above the upper Bollinger Band shows that the most recent price move has crossed its upper level.
Current support levels are at $1.43 and $1.35. The $1.30-$1.50 area could become important if XRP retreats from current levels. Additional support is located around $1.17-$1.13, while the middle Bollinger Band is near $1.10.
XRP Price Rise Coincides With Higher XRPL Usage
The recent XRP price move has occurred alongside higher activity across the XRP Ledger. The number of transactions per closed ledger rose 150.2% to 176.33 transactions. Other transaction figures also recorded increases. The number of transactions per closed ledger rose 150.2% to 176.33 transactions.
The growth trend is not limited to just the transaction number. Transactions have grown by 8.9% to 605,400, and active users have grown by 224% to 483,600. Active accounts grew by 27.7% to 17,300, with 2,600 new accounts opened (+28%).
These figures place the increase in transactions per ledger alongside broader changes in network activity rather than an isolated movement in one metric.
XRPL Payment and DEX Activity Increase
Value transferred through the network has also increased during the period covered by the figures. Payment volume rose 140.8% to approximately 739.8 million XRP.
The amount of XRP burned through transaction fees increased 81.3%. At the same time, activity involving the XRP Ledger’s decentralized exchange also recorded substantial changes.
OfferCancel operations increased 150.8% to 222,300, while OfferCreate operations rose 56.2% to approximately 965,700. The changes show higher activity in the ledger’s order-related operations during the same period that XRP moved sharply higher.
The combination of transaction, payment, account and DEX figures provides several separate measures of activity on the network.
Overbought Conditions Keep Pullback Risk in Focus
Despite the stronger network figures, the daily XRP chart remains extended after the rapid advance. The token has moved well above its previous consolidation range and major EMAs, while the RSI has reached approximately 85.9.
The immediate technical setup therefore centers on whether XRP can hold above the $1.50 resistance area or moves back toward support. A successful break higher past $1.50 will turn attention towards the $1.60-$1.70 range, whereas failure may result in testing of $1.40 and $1.35 support.
The $1.43 level is also identified as immediate support. A deeper decline could bring $1.17-$1.13 into consideration, with the middle Bollinger Band near $1.10.
Network data will also remain relevant to the price structure. The recent increases include a 150.2% rise in transactions per ledger, a 224% increase in active users and a 140.8% increase in payment volume.
FAQs
What are the support levels for XRP?
Supports for XRP start from $1.43, then $1.35 and $1.30- $1.35 range. Further supports are located at $ 1.13-$ $1.17.
What is XRP’s RSI?
RSI of XRP on a daily basis is estimated to be 85.9. Therefore, XRP is overbought.
What are the changes in XRP ledger metrics?
Ledger transaction per closed ledger grew by 150.2% to 176.33 while transactions increased by 78.9% to 2.6 million
