$XRP is likely to hold above the $1 support level in the coming week, with the Finbold AI Agent projecting the cryptocurrency will remain largely stable.
The agent, which aggregates forecasts from multiple artificial intelligence models to produce an average price target, predicts $XRP will trade at $1.03 on August 15, representing a decline of about 0.8% from current levels.
The prediction was generated using a combination of technical indicators, including the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and short-term price action data.
The forecast reflects a market that remains in consolidation after $XRP experienced sustained selling pressure in recent weeks. The token has retreated from highs above $1.12 recorded in late July and recently touched lows near $1.02 before attempting a modest recovery.
Among the forecasts, GPT-5.7 Luna was the most bullish, predicting $XRP would reach $1.04, representing a gain of 0.29% from the reference price.
Meanwhile, Claude Opus 4.8 issued the most bearish outlook with a target of $1.02, implying a decline of 1.83%. Gemini 3.5 Flash projected a price of $1.03, pointing to a decrease of 1.16%.
$XRP gearing up for rebound #
Although the short-term $XRP price forecast remains cautious, a notable technical development has emerged on higher timeframes.
In this regard, insights shared by cryptocurrency analyst Ali Martinez in an X post on August 9 indicated that the Tom DeMark Sequential indicator has flashed a buy signal on $XRP’s monthly chart, a pattern that has historically appeared near major market turning points.
The signal suggests $XRP could be approaching a broader shift from bearish to bullish momentum.
Historical data shows that previous buy signals from the indicator have preceded substantial rallies. An April 2020 buy signal was followed by a 1,074% surge, while another signal in August 2022 preceded a 973% advance. More recently, a sell signal that appeared in April 2025 was followed by a 57% decline.
If the latest monthly buy signal is confirmed, it could mark the beginning of another significant move higher for $XRP. At the same time, data from Santiment shared by Martinez indicates that $XRP whales have accumulated more than 380 million $XRP over the past week. Holdings among wallets controlling large amounts of the cryptocurrency have risen steadily during the period, reaching their highest level in recent days.
The increase in whale accumulation suggests major investors may be positioning for a potential recovery, aligning with the bullish implications of the newly generated monthly buy signal.
$XRP price analysis #
By press time, $XRP was trading at $1.04, up about 0.2% over the past 24 hours. However, on the weekly timeframe, the asset remained down more than 4%.
Overall, $XRP’s broader trend remains weak, with the token trading below both its 50-day SMA ($1.09) and 200-day SMA ($1.32).
Momentum is also subdued, as the 14-day RSI stands at 40.21, indicating neutral conditions with a slight bearish bias. Investor sentiment remains cautious, reflected by a Fear & Greed Index reading of 31 (Fear).