XRP’s price prediction remains uncertain as the token trades near the closely watched $1 support level. On August 11, XRP fell to $1.002, its lowest level since November 2024, according to U.Today. The move came despite whale accumulation, highlighting the disconnect between large-wallet activity and price performance.
According to CryptoTimes and Santiment, wallets holding at least one million XRP added 32 addresses and accumulated more than 380 million XRP in one week. Open interest also increased by $171 million in a single session as traders positioned ahead of US inflation data.
XRP’s RSI stood near 34.2, approaching oversold territory. However, this does not guarantee a rebound. Analysts are watching $1 as a key level. A sustained break below could expose $0.92, while a move above $1.036 could open the path toward $1.06.
XRP Network Growth Offers Longer-Term Support
Despite the weakness in price, activity across the XRP Ledger continues to attract attention. Tokenized real-world asset value on the network reportedly increased by approximately 400% since January, reaching $4.4 billion.
This growth suggests that network development and XRP’s short-term market performance are not necessarily moving together. Whale accumulation may indicate that some large holders are positioning for a recovery, but broader market conditions and liquidity remain important factors.
XRP also continues to attract interest from institutional investors through spot ETF products. However, reported institutional flows remain considerably smaller than those seen in Bitcoin ETFs, limiting the immediate impact on XRP’s price.
Pepeto Presale Draws Investor Attention
While XRP remains near a major support zone, investors are also monitoring newer crypto projects such as Pepeto. The project is conducting a token presale and promoting features designed to support its ecosystem.
Pepeto says its platform includes a cross-chain swap mechanism, a bridge connecting blockchain networks, an AI-focused trading tool and staking features. The project also promotes token burns to reduce circulating supply over time.
The presale price is currently promoted at $0.0000001888, with the project claiming more than $10.6 million raised. Pepeto also states that its token supply is fixed at 420 trillion tokens.
The project has highlighted a completed SolidProof audit and developers with crypto industry experience. However, investors should verify these claims and understand that presale tokens carry substantial risks, including liquidity, execution, listing and market-demand risks.
XRP Price Prediction: Can XRP Reclaim $1.06?
XRP traded near $1 on August 12, remaining significantly below its previous highs. The immediate technical picture depends heavily on whether buyers can defend the $1 support zone.
A recovery above $1.036 would improve the short-term structure and could bring $1.06 into focus. Conversely, sustained weakness below $1 could increase selling pressure and expose lower support levels.
Whale accumulation provides an encouraging signal for some investors, but it has not yet translated into a decisive price recovery. Macroeconomic data, ETF flows and broader cryptocurrency market sentiment could determine XRP’s next major move.
Conclusion
XRP remains at a critical point as it tests the $1 level while large wallets continue accumulating tokens. Although whale activity and XRP Ledger growth provide potentially positive signals, the token still needs to reclaim key resistance levels before a stronger recovery can be confirmed.
At the same time, projects such as Pepeto are attracting attention through presale offerings and proposed ecosystem features. However, presale investments are highly speculative and should not be viewed as guaranteed-return opportunities.
For XRP, the key levels to watch are $1 on the downside and $1.036–$1.06 on the upside. A decisive move beyond either range could provide a clearer indication of the next trend.
