Ripple Price Today Hovers Near $1.38 as Overbought Signal Flashes

XRP's price has reached $1.38 on August 21, 2026, leaving Ripple in an uncomfortable technical spot. The daily Relative Strength Index (RSI) is at 82.82, deep in overbought territory, while the price trades above the upper Bollinger Band at 1.25.

The market is caught between momentum and mean reversion, with the move being sharp and fast rather than a slow grind. The 200-day EMA remains below spot, so the longer-term uptrend structure is technically intact. However, the gap between short-term EMAs and price rarely resolves cleanly higher without at least a pause.

The daily chart still shows constructive momentum, but buyers have stretched the pace beyond normal band structure. MACD remains positive, with the line above the signal line and a histogram of 0.04. However, an RSI above 82 paired with price trading above the upper Bollinger Band tells a different story.

The bullish case stays open if XRP holds above the daily pivot at 1.36 and the hourly pivot at 1.39. Broader risk appetite continues to support altcoins, keeping the path toward R1 at 1.45 open. A clean break and hold above 1.41 would confirm continuation.