XRP is beginning to show renewed bullish momentum in mid-February 2026, as price action, on-chain metrics, and institutional flows collectively signal improving market conditions. Over the past 24 hours, XRP has gained approximately 6%, trading around $1.45 at the time of writing.
This upward move follows a prolonged consolidation phase and is supported by increasing whale accumulation, declining exchange reserves, and the emergence of a classic bullish technical structure on the weekly chart. Analysts suggest that, if momentum continues, XRP could target the $1.80 level — representing a potential upside of roughly 20% from current prices.
Investors are watching closely, as this phase may represent a key inflection point for the asset.
Weekly Chart Signals Potential 20% Upside Toward Fair Value Gap
On the weekly timeframe, XRP/USDT is consolidating within the $1.40–$1.45 range after retracing significantly from its 2025 rally peak above $3.00. Following that correction, price action has stabilized, forming a structure that technical analysts often interpret as accumulation.
One notable feature on the chart is a visible Fair Value Gap (FVG) positioned approximately 20% above current levels. This imbalance zone aligns closely with the $1.80 price region, which many traders now consider a near-term technical target.
The latest weekly candle shows XRP trading near $1.449, posting a modest gain relative to its opening price. If the weekly candle closes firmly above its open, it may reinforce bullish momentum and signal weakening selling pressure.
Meanwhile, the Relative Strength Index (RSI) on the weekly chart sits near 31.9, having recently exited oversold territory. Historically, weekly RSI levels around 30 often indicate seller exhaustion and provide room for potential recovery rallies. While RSI alone does not guarantee upside, the indicator suggests that downside momentum may be fading.
Should XRP successfully move toward filling the Fair Value Gap, analysts estimate a possible 20–24% upside move toward $1.80.
Binance and OKX Whales Increase XRP Holdings
On-chain derivatives data indicates that large traders on Binance and OKX have been actively accumulating XRP around an average price of approximately $1.38.
Within the past 24 hours alone, whale wallets on Binance reportedly purchased and held over $6.3 million worth of XRP. This steady accumulation suggests confidence among large market participants at current levels.
By contrast, some larger investors on Coinbase were observed reducing positions, selling approximately $1.02 million worth of XRP. However, overall buy-side pressure has outweighed sell activity, contributing to the recent 6% price increase.
Such divergence between exchanges is not uncommon and often reflects varying regional sentiment or trading strategies.
Binance XRP Reserves Decline — A Sign of Accumulation
Exchange reserve data further strengthens the bullish narrative.
Over the past 15 months, XRP reserves on Binance have declined significantly. At their peak in November 2024, Binance held more than 3.2 billion XRP in exchange reserves. Since then, approximately 700 million XRP have been withdrawn from the platform.
A consistent decline in exchange reserves typically indicates that investors are transferring assets into private wallets — often interpreted as long-term holding behavior. Reduced exchange supply can tighten liquidity, potentially supporting price appreciation if demand remains stable or increases.
Additionally, spot market net flows show that outflows have gradually slowed compared to the heavy distribution that occurred during the correction from $3.00. The earlier wave of panic selling appears to have subsided, allowing buyers to regain partial control of price action.
While no single metric guarantees upward movement, the combined on-chain signals suggest a constructive setup.
Steady ETF Inflows Support Institutional Interest
Institutional interest in XRP also remains present.
U.S.-based spot XRP ETFs recorded modest but consistent net inflows on February 13, totaling approximately $4.5 million. Among them, Bitwise’s XRP ETF led with $2.52 million in inflows, followed by Franklin Templeton’s XRPZ fund with $1.53 million.
Although these inflows are not explosive compared to peak crypto ETF activity, steady capital allocation from institutional products helps reinforce broader market confidence.
Stable ETF demand, even at moderate levels, contributes to long-term structural support for the asset.
Overall Outlook: $1.80 Within Reach, But Macro Risks Remain
When combining technical, on-chain, and institutional data, XRP’s outlook appears cautiously bullish.
Key supporting factors include:
• Weekly RSI recovering from oversold territory
• A visible Fair Value Gap approximately 20% above current price
• Significant reduction in exchange reserves
• Whale accumulation on major exchanges
• Stable ETF inflows
If these conditions persist and broader market sentiment remains supportive, XRP could attempt to move toward the $1.80 region in the near to mid-term.
However, market participants should also monitor Bitcoin’s price action and overall macroeconomic conditions. A broader crypto market downturn could slow or invalidate bullish setups across altcoins, including XRP.
As always, volatility remains inherent in digital asset markets.
Final Thoughts
XRP’s current structure suggests improving momentum after an extended consolidation period. While confirmation through sustained volume and higher weekly closes would strengthen the bullish case, the present setup indicates growing accumulation rather than distribution.
Investors are advised to conduct independent research and consider risk management strategies before making any financial decisions.
This article is for informational and educational purposes only and does not constitute financial or investment advice.
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