XRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in comingXRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in coming

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

2026/02/23 20:23
4 min read

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

Luisa Crawford Feb 23, 2026 12:23

XRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in coming weeks.

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

XRP Price Prediction Summary

Short-term target (1 week): $1.47-$1.54
Medium-term forecast (1 month): $1.60-$1.80 range
Bullish breakout level: $1.55 (Upper Bollinger Band)
Critical support: $1.30 (Lower Bollinger Band)

What Crypto Analysts Are Saying About Ripple

While specific analyst predictions from the past 24 hours are limited, several notable forecasts from earlier in 2026 remain relevant for current market positioning. According to technical analyst Felix Pinkston's February 18th assessment, "XRP technical analysis shows neutral RSI at 42.97 with key resistance at $1.54. Ripple forecast suggests potential recovery to $1.60-$1.80 range if bulls break above current consolidation zone."

More optimistically, Standard Chartered maintains its bullish stance with Geoffrey Kendrick projecting XRP could reach $8.00 by the end of 2026, while Dominic Basulto's January prediction targets $4.00 for 2026. However, these longer-term targets require significant momentum shifts from current technical conditions.

On-chain data suggests consolidation continues as XRP trades below key moving averages, with the 50-day SMA at $1.75 and 200-day SMA at $2.32 indicating the broader trend remains challenged.

XRP Technical Analysis Breakdown

XRP's current technical picture presents a mixed but cautiously optimistic outlook. Trading at $1.40, Ripple sits near the middle of its Bollinger Bands with a %B position of 0.42, suggesting neither oversold nor overbought conditions.

The RSI reading of 39.00 indicates neutral momentum with room for upward movement before reaching overbought territory. This positioning often precedes recovery attempts, particularly when combined with the current MACD histogram at zero, suggesting momentum may be stabilizing after recent bearish pressure.

Key resistance levels emerge at $1.44 (immediate) and $1.47 (strong), with the latter coinciding closely with previous consolidation highs. A break above $1.47 would target the upper Bollinger Band at $1.55, potentially opening the door to Felix Pinkston's forecasted $1.60-$1.80 range.

Support structure appears solid with immediate support at $1.35 and strong support at $1.30, aligning with the lower Bollinger Band. The Average True Range of $0.08 indicates moderate volatility, suggesting any breakout moves could be sustained rather than whipsawed.

Ripple Price Targets: Bull vs Bear Case

Bullish Scenario

If XRP can reclaim the $1.47 resistance level with volume confirmation, the path opens toward $1.54-$1.55 (upper Bollinger Band resistance). A sustained break above this zone would validate the $1.60-$1.80 recovery target outlined in recent technical analysis.

The bullish case strengthens if RSI climbs above 50 while maintaining support above the 20-day SMA at $1.42. Such confirmation could trigger algorithmic buying and renewed retail interest, potentially extending gains toward the $1.75-$1.80 range where the 50-day moving average creates the next major hurdle.

Bearish Scenario

Failure to hold above $1.35 immediate support would likely trigger testing of the $1.30 strong support level. A breakdown below the lower Bollinger Band could extend losses toward $1.25-$1.20, particularly if broader cryptocurrency market sentiment deteriorates.

The bear case gains credence if RSI drops below 35 or if MACD histogram turns decisively negative. Given XRP's position well below longer-term moving averages, any sustained selling pressure could challenge the $1.30 support zone more aggressively than current technical indicators suggest.

Should You Buy XRP? Entry Strategy

Current levels around $1.40 offer a reasonable risk-reward setup for traders comfortable with moderate volatility. Conservative entries might wait for a pullback toward $1.35-$1.37 support, providing better positioning for the anticipated recovery move.

More aggressive traders could consider entries on any break above $1.44 with stops below $1.35, targeting initial resistance at $1.47-$1.50. This approach capitalizes on momentum while maintaining reasonable risk management through the established support structure.

Position sizing should account for the $0.08 daily ATR, suggesting potential daily moves of 5-6% in either direction. Risk management becomes crucial given XRP's distance from longer-term moving averages and the uncertain broader market environment.

Conclusion

This XRP price prediction suggests cautious optimism for Ripple's near-term prospects, with technical indicators supporting a potential recovery toward $1.60-$1.80 over the coming month. The neutral RSI and stabilizing MACD provide foundations for upward movement, while established support levels offer reasonable downside protection.

However, success depends on breaking through immediate resistance at $1.47 and broader cryptocurrency market conditions remaining supportive. Traders should monitor volume patterns and RSI momentum for confirmation of any breakout attempts.

Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.

Image source: Shutterstock
  • xrp price analysis
  • xrp price prediction
Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0008365
$0.0008365$0.0008365
-1.77%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Share
Coinstats2025/09/18 00:32
New 15% global tariff reshapes landscape – Commerzbank

New 15% global tariff reshapes landscape – Commerzbank

The post New 15% global tariff reshapes landscape – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Economic Research team, led by Dr. Vincent Stamer
Share
BitcoinEthereumNews2026/02/23 21:03
The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now

The post The GENIUS Act Is Already Law. Banks Shouldn’t Try to Rewrite It Now appeared on BitcoinEthereumNews.com. Healthy competition drives innovation and better products for consumers; it is at the center of American economic leadership. Unfortunately, now that the bipartisan GENIUS Act has been signed into law, major legacy financial institutions seem to be having second thoughts about the innovations that stablecoins can bring to financial markets. Bank lobbying groups and public affairs teams have been peppering Congress with complaints about the law, urging members to reopen debate and introduce changes to the legislation that will ensure the stablecoin market doesn’t grow too quickly, protecting banks’ profits and stifling consumer choice. This reactionary response is both overblown and unnecessary. What legacy financial firms should do instead is embrace competition and offer exciting new products and services that consumers want, not try to kneecap emerging players through anti-innovation rules and regulations. The GENIUS Act was carefully designed with a thorough bipartisan process to strengthen consumer safeguards, ensure regulatory oversight, and preserve financial stability. Efforts to roll back its provisions are less about protecting families and more about protecting entrenched banking interests from the competition that helps ensure the U.S. banking system stays the strongest and most innovative in the world. Critics warn that allowing stablecoins to provide rewards could lead to massive deposit outflows from community banks, with figures as high as $6.6 trillion cited. But closer examination shows this fear is unfounded. A July 2025 analysis by consulting firm Charles River Associates found no statistically significant relationship between stablecoin adoption and community bank deposit outflows. In fact, the overwhelming majority of stablecoin reserves remain in the traditional financial system — either in commercial bank accounts or in short-term Treasuries — where they continue to support liquidity and credit in the broader U.S. economy. The dire estimates rely on unrealistic assumptions that every dollar of stablecoin issuance permanently…
Share
BitcoinEthereumNews2025/09/18 09:39