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XRP News Today: Bulls Defend $1.40 Support as Market Eyes a Reversal

XRP News Today: Bulls Defend $1.40 Support as Market Eyes a Reversal WikiBit 2026-02-11 02:02

In the latest $XRP news today, the digital asset is currently the center of intense market scrutiny

In the latest $XRP news today, the digital asset is currently the center of intense market scrutiny as it battles to maintain its position above the $1.40 support zone. Following a volatile start to February 2026, Ripples native token has seen a significant retracement from its yearly highs, leaving investors questioning whether the current $XRP pricetodayrepresents a “bargain buy” or a falling knife.

$XRP News Today: Technical Support at $1.40

The primary focus for traders today is the $1.40 price level. After peaking near $2.80 in January, $XRP has faced a “washout phase,” sliding approximately 25% to its current range. Despite the broader market cooling, on-chain data suggests that “whales” (large holders) are not selling into this weakness. According to recent exchange flow metrics, the selling pressure is largely driven by retail liquidations rather than institutional exits.

Will $XRP Price Crash Further?

Is $XRP holding its support? Yes, as of February 10, 2026, the $XRP price todayis fluctuating between $1.41 and $1.43. This area coincides with the 200-day Exponential Moving Average (EMA), a critical line that often determines the long-term trend. As long as the daily close remains above $1.38, the bullish structure remains technically intact.

$XRP Price Today: Understanding the Consolidation

The current stagnation is a result of a “risk-off” sentiment across the crypto landscape. While $Bitcoin has also seen a modest decline, $XRPs high-beta nature has led to sharper swings.

$XRP/USD 1H - TradingView

Key factors influencing the price today include:

  • Oversold RSI:The Relative Strength Index (RSI) on the daily chart has plummeted to ~20, the most oversold reading in the token's recent history.
  • Ripple Prime Expansion:Ripple recently announced an integration with Hyperliquid, a move aimed at bringing institutional DeFi to the $XRP Ledger (XRPL).
  • Institutional Inflows:Despite the price drop, spot $XRP ETFs continue to see steady, albeit slower, inflows.

$XRP Coin Technical Breakdown: Support and Resistance

The technical landscape for $XRP is currently defined by a tight ladder of resistance levels that bulls must overcome to flip the sentiment.

Level TypePrice PointMarket Significance
Critical Support$1.38 - $1.40The “line in the sand”; a break below leads to $1.25.
Immediate Resistance$1.51Recent breakdown point; must be reclaimed for a relief rally.
Major Resistance$1.80Previous support turned heavy supply zone.
Bullish Target$2.352026 highs; requires significant volume expansion.

$XRP Price Prediction: What the Charts Suggest

Based on current technical indicators and market sentiment, our $XRP price predictionfor the remainder of February 2026 focuses on two potential paths:

1. The Relief Rally Scenario (Highly Probable)

Given that the RSI is at a historical extreme (~20), a “mean reversion” is mathematically likely. Historically, such oversold conditions for $XRP lead to a 15% to 40% bouncewithin two weeks. A successful defense of $1.40 could see the price target the $1.65 – $1.70 zonein the short term, with a secondary target of $2.20if broader crypto news turns positive.

2. The Bearish Capitulation Scenario

If the $1.38 support fails on a daily closing basis, the next liquidity pocket sits at $1.25. In an ultra-bearish environment where macro conditions worsen, a flush down to the $1.14 level(the near-term Elliott Wave target) cannot be ruled out. Investors should compare the best crypto exchanges to ensure they have access to deep liquidity and advanced order types to manage this risk.

Conclusion

The $XRP news todaypaints a picture of a market at a crossroads. While the short-term trend is undeniably bearish, the technical “exhaustion” of sellers near $1.40 suggests that a bounce may be around the corner. For long-term holders, the focus remains on Ripples growing utility in the DeFi space and the ongoing adoption of the XRPL.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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