XRP's 2024 Rally Pattern Reappears as Trading Volume Hits Six-Month High

XRP has drawn renewed attention as its chart structure closely mirrors the formation seen in 2024, just before a sharp upward move. Analysts tracking the altcoin note that the current setup echoes the sequence that preceded that earlier 650% advance.

The token is currently trading near $1.40, up roughly 35% in a month. The analysis frames this as a potential roadmap rather than a guarantee.

Supporting data from on-chain metrics adds important context: Spot trading volume for XRP reached a six-month high in August 2026, with Binance alone recording more than $7.26 billion, while Upbit and Bithumb also showed elevated activity.