Is Ripple (XRP) actually setting up, or is this just another hype cycle?
February 10, 2026XRP is currently trading at $1.45, marking a slight recovery of about 1.4% to 2.5% over the last 24 hours. The price seems to be consolidating and aiming towards above the $1.50 zone. XRP made a short recovery after a brutal sell-off period. This article looks at whether the price bounce is a good sign or if we should expect a downward trend.
Summary
- XRP price started a positive shift, moving above the $1.40 support zone.
- It is trading above $1.40 and the 100-hourly Simple Moving Average.
- Analysts have noted a declining channel, a support level near $1.350 on an hourly basis.
- The prices are expected to rise when the support crosses the $1.50 mark.
Mixed Sentiment Around XRP
XRP prices are in a recovery wave above $1.380 and $1.40, as Bitcoin and Ethereum also saw a positive rally. It is currently moving towards the $1.450 resistance level and pushed the support zone above $1.50.
The XRP high formed at $1.5435, where the prices started consolidating. Analysts noted a drop below the 23.6% Fib retracement level of the upward move from the $1.135 swing low to the $1.543 high.
XRP price is above the $1.40 level and also crossed the 100-hourly Simple Moving Average. A new upward movement can take the price to a resistance near the $1.450 level. If the price breaks the resistance level of $1.50, it could rise and test $1.5450. In a best-case scenario, if XRP can move above $1.5450, new resistance would be near $1.650. In case the gains continue, the price could move towards the $1.720 resistance level.
What would happen if XRP fails to hold the resistance level?
If XRP fails to hold the resistance near $1.50, it could kick off a fresh decline. The support level for a downward trend is $1.40, and the next major one is at $1.340. If XRP prices break the resistance levels, the prices would decline towards $1.30. The next support is near the $1.250 zone, where the prices would continue on a lower trend towards $1.20.
Bottomline
Ripple (XRP) is currently experiencing high volatility. Although the XRP price has overcome a few resistance levels, analysts anticipate a downward trend. Following the severe price volatility since 2025, investor sell-off has been sharp and impulsive.
Even after a price surge recently, a lack of meaningful absorption indicates that sellers are in control. During the short recovery period, buyers are activating quickly, which could reduce selling pressure and further deep decline.
Despite the short-term attempt, XRP prices remain under significant pressure, locked in a medium-term downturn. A long-term recovery is only possible if the price breaks the current trendlines and recovers the major resistance level near $2.20.
Currently, the XRP price has stabilized after a major sell-off. Even though there is short-term optimism, the broader market remains bearish. The long-term condition depends on how the price behaves around the resistance levels.