Will XRP reach $1.40 in August?

Prediction markets put the probability at 36%: Will XRP reach $1.40 in August. Currently, markets are divided (36% YES, 64% NO). The XRP price could reach $1.40 to $1.60 by the end of October if the bill, the Fed’s decision and Bitcoin’s price action all go XRP’s way.

What’s Happening

XRP was trading near $1.20 in the third week of August after a sharp rebound, having spent 19 days range-bound between $0.99 and $1.08 before rallying nearly 20% in 24 hours. The token entered 2026 at $1.84 and has posted five monthly losses out of seven, leaving it roughly 35% below its January high. For XRP to reach $1.40 in August, the token would need to add another 17% from the $1.20 level within the final days of the month, clearing the psychologically important $1 support that analysts had flagged as hanging "by a thread" earlier in August. The current level sits well above the $0.90–$1.30 band XRP occupied during the comparable 2021 drawdown. [AOL, Aug 20]

The near-term catalyst landscape is dominated by regulation. The Senate cloture vote on the CLARITY Act — the procedural step that ends debate and forces the bill to the floor — is scheduled for September 15, placing it just beyond the August resolution window. Meanwhile, demand from spot vehicles has faded sharply: XRP ETF buying has dropped 96% since launch, averaging $46 million a month across 2026 and slowing to roughly $1 million a week in August. That withdrawal of institutional inflows undercuts the bull case for XRP to reach $1.40 in August on flows alone, leaving momentum reliant on broader crypto beta and Bitcoin's price action. [AOL, Aug 16]

Longer-dated forecasts remain wide. One analyst projected XRP could reach $1.40 to $1.60 by the end of October if the CLARITY Act clears cloture, Bitcoin bottoms in September and ETF buying returns — still less than a third of the $5 target another commentator floated for October. Standard Chartered's revised $7 XRP call for 2027 similarly hinges on the bill passing and inflows scaling past $4 billion. With the key regulatory vote falling in mid-September and ETF demand at multi-month lows, the path for XRP to reach $1.40 in August rests largely on short-term market momentum rather than confirmed fundamental catalysts. [247wallst, Aug 17]

Traded on Polymarket — $55K Volume

Lower-volume market on Polymarket ($55K). Wider spreads expected — enter with limit orders and be aware of slippage risk. Currently 36c YES.