XRP’s $1.34 Break Puts $1.24 Support Zone in Focus

In XRP news today, the price broke below $1.34, a support level that a crypto analyst identified as important to the token’s earlier bullish setup. Its loss weakened the case that had pointed toward the $1.70-$1.78 range and shifted attention to lower support areas.

The move also puts renewed focus on the on-chain activity that preceded XRP’s August rally. Santiment reported that 85 new wallets holding at least 1 million XRP appeared two days before the August 17-21 surge, offering context for traders assessing the next technical test.

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Why XRP’s $1.34 Break Matters on the Chart

XRP recorded a reported 67% surge between August 17 and August 21. The token later took the biggest hit among major cryptocurrencies after the Senate failed to advance the CLARITY Act.

XRP lost the $1.34 support level and fell quickly toward $1.26. In this technical framework, the former support level is central because a recovery above it would improve the structure relative to the current position, while continued weakness keeps lower zones in view.

The break below $1.34 weakened an earlier bullish setup that had targeted $1.70-$1.78. The analyst identified $1.24-$1.26 as the area bulls need to defend. A recovery and hold above lost levels would be a more constructive technical development, but the analyst’s framework does not by itself confirm a reversal.

The upside range, therefore, remains conditional in this analysis. XRP would need to stabilize around the identified support area and regain ground after the $1.34 break before the earlier $1.70-$1.78 objective could regain relevance.

🚨 $XRP JUST LOST $1.34 — IS $1.10 → $1.00 NOW NEXT? 📉👀$XRP lost the $1.34 support and quickly flushed toward $1.26. More importantly, the previous bullish structure toward $1.70–$1.78 has weakened significantly.

👉 $1.24–$1.26 = first level bulls need to defend
👉 LOSE… https://t.co/y7p7KOQ3oY pic.twitter.com/jVreTjTCR1

— Diana (@InvestWithD) September 15, 2026

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XRP News Today: Millionaire-Wallet Growth as an On-Chain Signal

📈 Still getting over that sudden +67% $XRP price breakout? The ledger’s millionaire wallets moved first. The chart shows 85 new 1M+ XRP addresses appearing just 2 days before XRP’s 67% breakout from Aug. 17 to Aug. 21.

🐋 Million-plus wallets can absorb supply, deepen bids, and… pic.twitter.com/5FxTFRKlUV

— Santiment Intelligence (@SantimentData) September 15, 2026

Santiment found that 85 new wallets holding at least 1 million XRP appeared two days before the August 17-21 rally. The analytics platform’s observation is notable because larger wallets can absorb supply, strengthen bids, and shift liquidity faster than retail traders. Changes in this group have often appeared ahead of XRP’s sharpest moves, according to the source.

Wallet growth is a useful context rather than a standalone price signal. Santiment also described a broader constructive setup around the XRP Ledger, including an RLUSD credit fund focused on fintech and payments lending on XRPL, alongside Ripple’s investments in ZILO and Licuido. Those developments provide network context but do not determine a price outcome.

On the institutional front, U.S.-based spot XRP ETFs had attracted more than $43 million in August inflows, according to the source. If the trend continued, the funds could extend their inflow streak to 10 consecutive weeks. These flows and the wallet data are separate indicators rather than proof of a single cause for XRP’s price action.

The August wallet data preceded a sharp rally, but the current technical picture depends on whether XRP can hold the identified support levels. Address growth may remain a relevant context, while price behavior around $1.24-$1.26 and $1.34 remains the immediate chart focus.

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