$XRP delivers another strong move above the $1.00 level. The long setup shared yesterday played out as expected, with XRP rebounding from $0.9959 and climbing to $1.1363 before facing resistance. That’s an impressive ~14% move from the 24H low. XRP is now trading near $1.10, and the key level to watch is whether buyers can defend this area. A successful hold could put $1.12–$1.136 back in focus. From fear around $1.00 to trading above $1.10 — momentum can change fast in crypto. #StockTradingShareChallenge

#Gate事件积分系统上线 Gate Event Points System Goes Live: From Trading to “Leveling Up” the Ecosystem At 18:00 on August 17, 2026, Gate.io’s event market officially launched a new Event Points system. The system deeply integrates trading activity with points rewards, a weekly leaderboard, and a scratch-card mechanism, marking the platform’s upgrade of event trading from a standalone prediction tool into a gamified participation ecosystem. In terms of gameplay, users can earn Event Points (PTS) by participating in event contract trading, with points counting toward the weekly leaderboard. The top 100 users split the prize pool according to their rankings. Trading also unlocks scratch cards—one card for every 20 USDT traded on regular contracts, and one card for every 10 USDT traded on contracts marked “2x.” Rewards include USDT, points, trial vouchers, and a Super Lucky Prize of up to 88,888 PTS. The upgrade also expands the event market: directional trading on SOL and XRP prices has been added, supporting unleveraged short-term predictions ranging from 5 minutes to 4 hours. Theme events for Europe’s top five football leagues have also launched, with a total prize pool of 200,000 USDT. Some users described this as turning “grinding tasks” into “grinding dungeons,” while others called for greater clarity on the long-term benefits of the points. The value of the points system will ultimately depend on whether it can convert short-term excitement into long-term user retention. In any case, Gate is attempting to push event trading beyond simple prediction-based speculation—turning it into a sustainable “leveling-up game.”

Technical Outlook: XRP Attempts a Breakout Above Key Resistance as Momentum Improves XRP is trading around $1.0808, showing a short-term recovery from the recent lows near the $1.0051 support zone. Price has reclaimed the 20 EMA, but remains below the 50, 100 and 200 EMA, meaning the broader market structure is still bearish. However, the latest price action shows an improvement in momentum, with XRP pushing back toward the $1.0808–$1.1257 resistance cluster. A sustained breakout above this region could strengthen the recovery and potentially trigger a larger upside move. 📈 EMA Structure 20 EMA: $1.0438 50 EMA: $1.0770 100 EMA: $1.1536 200 EMA: $1.3405 XRP is currently trading above both the 20 EMA at $1.0438 and the 50 EMA at $1.0770, which is a positive short-term development. However, the 100 EMA at $1.1536 and 200 EMA at $1.3405 remain major higher-timeframe resistance levels. A sustained reclaim above $1.0770 strengthens the short-term bullish structure, while a breakout above $1.1536 would provide much stronger confirmation of a broader trend reversal. 📐 Fibonacci & Market Structure The major Fibonacci levels are: 0.236: $1.5656 0.382: $1.9123 0.5: $2.1926 0.618: $2.4728 0.786: $2.8718 1.0: $3.3800 XRP remains inside a long-term descending structure, with the major descending trendline still acting as resistance. The recent recovery from $1.0051 has created a short-term higher-low structure, but XRP must still overcome the $1.0808–$1.1536 resistance area before the larger bearish structure can be considered invalidated. 🟢 Bullish Scenario A clean breakout and daily close above $1.0808–$1.1257 could provide the first meaningful confirmation of continued recovery. If buyers successfully reclaim this region, XRP could target: $1.0808 $1.1080 $1.1257 $1.1536 — 100 EMA $1.1794 $1.2422 $1.3405 — 200 EMA $1.5656 — 0.236 Fibonacci The $1.1257–$1.1536 zone is particularly important because it combines horizontal resistance, the 100 EMA, and an overhead OB area. A successful breakout above $1.1536 would significantly strengthen the bullish case and could open the way toward $1.1794 → $1.2422 → $1.3405. 🔴 Bearish Scenario Key downside levels are: $1.0770 — 50 EMA $1.0438 — 20 EMA $1.025–$1.050 $1.0051 — Major support XRP is currently attempting to establish support above the $1.0770–$1.0808 region. A rejection from the current resistance area followed by a loss of $1.0438 would weaken the recovery structure. A decisive breakdown below $1.0051 would invalidate the current short-term recovery and could trigger another bearish expansion. 🧠 ICT / Market Structure The broader structure remains bearish, with XRP still trading beneath the major descending trendline and the 100/200 EMA. However, the recent price action around $1.0051 shows a clear attempt by buyers to defend the downside liquidity and establish a higher-low structure. The chart also shows MSS/BOS and OB zones around the current resistance area. The key confirmation is whether buyers can maintain price above $1.0770–$1.0808 and then break through $1.1257–$1.1536. A successful reclaim of the $1.1536 region would shift the market structure from bearish-to-neutral toward a more constructive bullish setup. 📊 RSI Momentum RSI (14): 62.89 RSI has recovered strongly and is now above the neutral 50 level, indicating that bullish momentum has improved significantly. However, RSI is approaching the 70 overbought region, so XRP could experience short-term consolidation or a pullback if resistance around $1.1257–$1.1536 remains intact. A sustained RSI above 50 would continue to support the recovery, while a move back below 50 would indicate weakening momentum. 🎯 Key Levels 🔴 Resistance $1.0808 $1.1080 $1.1257 — Key OB/Resistance $1.1536 — 100 EMA $1.1794 $1.2422 $1.3405 — 200 EMA $1.5656 — 0.236 Fibonacci $1.9123 — 0.382 Fibonacci $2.1926 — 0.5 Fibonacci 🟢 Support $1.0770 — 50 EMA $1.0438 — 20 EMA $1.025–$1.050 $1.0051 — Major support 📌 Final Outlook XRP is showing improving short-term momentum, with price reclaiming the 20 and 50 EMA and RSI rising to 62.89. However, the broader structure remains bearish-to-neutral because XRP is still below the 100 EMA, 200 EMA, and major descending trendline. A confirmed breakout above $1.0808–$1.1257 could accelerate the recovery toward $1.1536 → $1.1794 → $1.2422. Reclaiming the 100 EMA at $1.1536 would provide stronger bullish confirmation and could open the way toward $1.2422 → $1.3405 → $1.5656. On the downside, losing $1.0438 would weaken the current recovery, while a breakdown below $1.0051 would invalidate the short-term bullish structure. Bias: Bearish-to-Neutral below $1.154, turning bullish above $1.154, with $1.005–$1.050 as the key support zone and $1.081–$1.154 as the major breakout area. $XRP ‌