$XRP fell 2.58% on February 11, reversing the previous day’s 0.42% gain to close at $1.3998. The token faced heavier selling pressure than the broader crypto market cap, which declined by 1.93%.
Wednesday’s pullback left XRP well below its 50-day and 200-day EMAs, signaling bearish momentum. However, several favorable fundamentals continue to counter bearish technicals, supporting a bullish medium-term outlook.
