---
title: "XRP Price Prediction: XRP Surges 18% in a Day, Poised to Rise Over 30% More"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296497476.md"
description: "XRP surged 18% in a day, approaching $1.20, driven by eased US liquidity, favorable SEC regulations, and Ripple's $275M bond issuance. Technical analysis predicts a potential further rise of over 30%, targeting $1.55–$1.60 if Bitcoin consolidates above $70,000."
datetime: "2026-08-20T13:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296497476.md)
  - [en](https://longbridge.com/en/news/296497476.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296497476.md)
generator: "portal-rs"
---

# XRP Price Prediction: XRP Surges 18% in a Day, Poised to Rise Over 30% More

TradingKey - Ripple (XRP) gains widen to 18%, approaching $1.2, with technical predictions indicating a potential further surge of 30%.

On August 20, Eastern Time, cryptocurrencies saw a broad rally, and Ripple (XRP) also registered an explosive surge, soaring about 18% in a single day, leading major coins like Bitcoin (BTC), Solana (SOL), BNB (BNB), and Dogecoin (DOGE).

The surge in Ripple (XRP) price was mainly driven by four factors: the US Treasury doubled its bond buybacks to $4 billion per session, significantly easing global liquidity conditions; the SEC passed regulations establishing exemption and safe harbor mechanisms for crypto assets, fueling market expectations that regulatory hurdles for cross-border payments and cross-border stablecoins—including Ripple's RLUSD—have been officially removed; and Ripple completed a $275 million senior unsecured bond issuance, substantially boosting traditional financial giants' trust in using the XRP Ledger for liquidity settlement.

Currently, the price of Ripple (XRP) is approaching the $1.20 mark, reaching a new two-month high, with the next line of defense at $1.30, a support level formed in the first half of this year that has now turned into resistance. Going forward, if Bitcoin consolidates above $70,000, XRP's bullish momentum is expected to continue, potentially breaking above $1.30 and challenging the second resistance level at $1.60, representing about 33% upside from current levels.

XRP price chart, Source: TradingView

It is worth noting that if XRP rises more than 30% further from current levels, the target price will point directly to $1.55–$1.60, implying that XRP will completely reverse its bottoming pattern from early August and enter a strong medium-term upward channel.

Find out more

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**