Overview
- XRP is trading near $1.33–$1.36 and remains below the 100-hour moving average with bearish MACD and RSI readings.
- Key levels are defined by resistance at $1.3650–$1.3750 and then $1.40–$1.4250, with support at $1.3275 and $1.3200.
- More than 31 million XRP were sent to Binance on Feb. 21, the largest single-day exchange inflow since Jan. 20, according to CryptoQuant.
- Analysts highlight a bear pennant on the two-day chart, and a confirmed breakdown could target roughly $0.80, though the setup is not yet resolved.
- CoinShares notes modest inflows into XRP funds last week even as broader crypto investment products recorded $288 million in outflows.