XRP Is Back Above $1.40! With Nearly $4.4 Billion In 24-Hour Volume
- Mathew Jacob
- 11 minutes ago
- 2 min read
XRP has made a strong move back above the $1.40 level, trading around $1.45 as of September 4, 2026. The token gained roughly 6%–8% over 24 hours, putting renewed attention on XRP as the broader cryptocurrency market rebounds.
One of the biggest signals behind the move is trading activity. XRP recorded approximately $4.4 billion in 24-hour trading volume, highlighting a significant increase in market participation as buyers and sellers returned to the market. Historical data also shows XRP reached an intraday high near $1.48.
The momentum is not limited to a single exchange. XRP spot trading activity increased across major platforms during August, with reported volumes of approximately $7.28 billion on Binance, $4.68 billion on Upbit, and $2.59 billion on Bithumb. The increase suggests that XRP liquidity and market activity have been strengthening.
The $1.40 level is now an important area for XRP traders. Recent analysis suggests that holding above this level could keep the recovery structure intact, while a sustained move higher could bring the $1.52 region into focus. On the downside, analysts are watching the $1.35 area as an important support level.
XRP's recent performance is also notable over a longer timeframe. One September 4 market analysis placed XRP's 30-day gain at roughly 35%, showing how sharply the token has recovered from its August lows. XRP remains significantly below its previous all-time high near $3.65, leaving the long-term chart with substantial room between current prices and the previous peak.
However, traders are also watching derivatives markets closely. CryptoQuant analysis cited today warned that XRP is experiencing strong derivatives selling pressure, while approximately $20 million in long positions were liquidated during the recent move. This means volatility could remain elevated even if spot-market momentum continues.
For now, the combination of $1.40+ price action, billions of dollars in trading activity, and rising market attention has put XRP firmly back in the spotlight. The next major question is whether XRP can maintain support above $1.40 and challenge the $1.48–$1.52 area, or whether profit-taking sends the token back toward lower support. Either way, XRP is once again one of the most closely watched assets in the crypto market.
