XRP, the fourth-largest cryptocurrency by market cap, has been under immense pressure after falling over nearly 25% from its 4-week high of $2. XRP price today has seen a slight recovery, now trading around $1.44 just ahead of Ripple’s “XRP Community Day.”
Meanwhile, traders believe any positive announcement will push the XRP price above $2.
Just one day away from Ripple’s most-awaited XRP Community Day, excitement is high across the XRP community. The event will take place on February 11 and 12, bringing together XRP holders, developers, institutions, and Ripple leaders through three live X Spaces sessions.
Key speakers, including CEO Brad Garlinghouse, President Monica Long, CTO David Schwartz, and CLO Stuart Alderoty, will take part, along with ecosystem partners from different regions.
One of the key objectives of this year’s event will focus on XRP adoption, real-world use cases, and the future of the XRP Ledger (XRPL). Key topics include regulated XRP products like ETFs and ETPs, wrapped XRP, and innovations to expand utility.
Ripple will also share its 2026 roadmap, covering plans for cross-chain liquidity and deeper financial integration of XRP.
XRP ETF News Shows Steady Institutional Interest
Another supportive factor in XRP price today is the continued inflow into the XRP spot ETF. On February 9 alone, XRP ETFs saw total inflows of $6.31 million. Franklin led with $3.15 million, followed by Canary with $2.31 million, and Grayscale with $846K.
Since launch, XRP ETFs have recorded total net inflows of $1.23 billion, showing growing interest from investors.
So far, BlackRock, which manages $14 trillion in assets, has not entered the XRP ETF market. However, experts believe a BlackRock XRP ETF could arrive before the end of the year.
XRP Price Outlook
Looking at the XRP price chart, it shows a long-term breakout structure. The chart highlights multiple past reversals from this same area, marked by green circles, showing that this level has acted as strong demand in earlier cycles.
However, the current move also looks similar to a V-shaped recovery, a pattern that usually appears before strong upward moves. If XRP manages to stay above the $1.40 zone and begins to rise again, the next big resistance is near $2.00.
A clear break above $2 could push the price toward $3.00 and, in the long run, even back to new highs around $5.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Credit: Source link