XRP surges 30% in one week as derivatives activity hits 2025 high

Aug 20, 2026

XRP surged 30% in one week as of August 22, 2026, reaching around $1.39 and breaking through major resistance near $1.16. The rally coincided with derivatives activity hitting a 2025 high and daily trading volume spiking to approximately 277 million. XRP outperformed Bitcoin and Ethereum, with its daily RSI surging to approximately 83, well into overbought territory above the long-term moving average at $1.34.

XRP price breakout

▪XRP's breakout coincided with approximately 277 million in daily volume, significantly higher than in recent sessions
▪XRP's daily RSI surged to approximately 83, well inside overbought territory
▪XRP momentarily surpassed the long-term moving average at $1.34
▪XRP rose approximately 10% in a single day, reaching the $1.40 region
▪XRP broke through major resistance near $1.16 and short-term averages around $1.09
▪XRP derivatives activity hit a 2025 high as of August 22, 2026
▪XRP surged 30% in one week as of August 22, 2026

Shiba Inu recovery attempt

▪SHIB broke above the crucial $0.000005 level
▪SHIB trading volume reached approximately 1.53 trillion SHIB
▪SHIB broke through the orange moving average near $0.00000489 and short-term moving averages around $0.00000452–$0.00000465
▪Shiba Inu (SHIB) rose approximately 5.7% to roughly $0.00000523
▪SHIB's RSI increased to roughly 67.8, just below the traditional overbought threshold of 70

Hyperliquid rally continuation

▪HYPE recovered all of the major moving averages on the daily chart
▪Hyperliquid returned to the upper limit of its 2026 trading range around $76–$78
▪HYPE's daily RSI reached approximately 78, firmly in overbought territory
▪Hyperliquid (HYPE) experienced an explosive daily move that drove HYPE toward $76

Dogecoin technical resistance

▪DOGE trading volume reached approximately 1.07 billion DOGE
▪DOGE's daily RSI surged to roughly 77.7
▪DOGE is trading below its long-term moving average at $0.095
▪DOGE overcame short-term moving averages at $0.072 and accelerated through the intermediate moving average around $0.080
▪Dogecoin (DOGE) rose approximately 4% to approximately $0.087