XRP Smashes 5-Year August Record with 40% Price Surge

XRP has shattered its 5-year August record after surging by around 40% to climb toward $1.48 this month.

According to CryptoRank, this has made August the most profitable month for XRP in five years, completely reversing a severe decline seen during spring and summer.

Despite the current parabolic momentum, Bollinger Bands charts on TradingView indicate that the next major opportunity for a long-term entry into XRP could emerge if the price returns to $1.14.