India, Aug. 30 -- XRP is ending August with a sharp change in momentum. After racing from below $1 to nearly $1.70 in just a few days, the token has entered a cooling phase as traders book profits and derivatives positions unwind.

XRP is now hovering around the $1.40-$1.43 area, leaving investors focused on whether the recent rally can hold or whether another correction is coming. Recent market data shows XRP closed near $1.38 on August 28 after trading as high as $1.47 that day.

The pullback has not erased XRP's broader August gains. Instead, the market is weighing strong institutional interest against technical resistance, leverage-driven selling and concerns about additional token supply from Ripple's escrow system.

XRP Price Today ...