XRP Fights for Life as Analysts Warn of Drop to $0.98

XRP is clinging to $1.02 in August 2026, but analysts say it needs to reclaim $1.05 within the next session or face a drop to $0.98.

The token's price has collapsed catastrophically since January, when VTrader predicted XRP would trade between $3.50 and $4.50 by now, premised on Bitcoin holding constructive ranges, net-positive institutional flows, and the $3.50 support floor remaining intact.

Standard Chartered had a more ambitious target of $8 for 2026, but neither scenario materialized, leaving XRP with a thin daily range and spot volume on Binance at just $79.17M for the session.

The technical structure is decisively bearish, with price trading below every single moving average, and momentum has gone from bearish to comatose.