XRP USD Bounces 0.94% Daily—Can XRPUSD Hold $1.14 Support Level?
XRP USD is trading at $1.4062 as of February 23, 2026, with a 0.94% daily bounce after recent weakness. The cryptocurrency has declined 24.8% over the past month and 51.9% over six months, reflecting broader market pressure. With a market cap of $86.1 billion and trading volume of 2.34 billion, XRP USD remains one of the largest digital assets. Technical indicators reveal mixed signals, with RSI at 37.74 suggesting oversold conditions. We examine whether XRP USD can hold its key support level at $1.14 or face further downside pressure in the coming weeks.
XRP USD Technical Analysis
The technical picture for XRP USD shows a strong downtrend with ADX at 43.39, indicating powerful directional momentum to the downside. RSI sits at 37.74, which is approaching oversold territory but not yet there, suggesting selling pressure remains present but may be easing. The MACD histogram shows 0.01, with the signal line at -0.14, indicating a bearish crossover that reinforces the downtrend.
Bollinger Bands reveal price positioning near the lower band at $1.14, which acts as critical support. The upper band sits at $1.94, creating a wide range of $0.80 between support and resistance. Keltner Channels show tighter bounds with the middle line at $1.54, suggesting consolidation may occur before the next major move. The 50-day moving average at $1.79 remains well above current price, confirming the intermediate downtrend.
XRP USD Price Forecast
Monthly Forecast: XRP USD targets $0.91, representing a 35.3% decline from current levels if selling accelerates. This level would test psychological support and historical price floors. Yearly Forecast: The annual target sits at $3.94, implying a 179.8% rally from current prices if the downtrend reverses and bullish momentum builds. This forecast assumes stabilization and recovery over the next ten months.
Three-year and five-year forecasts show $6.34 and $8.73 respectively, suggesting long-term recovery potential if XRP USD establishes a bottom. These extended timeframes account for potential regulatory clarity and adoption growth. Forecasts may change due to market conditions, regulations, or unexpected events. Current price action does not guarantee these targets will be reached.
Market Sentiment and Trading Activity
Trading volume for XRP USD stands at 2.34 billion, which is 12.8 times the average daily volume of 183 million, indicating elevated activity during this price period. The relative volume ratio of 0.91 shows volume is slightly below average despite the large absolute number, suggesting institutional participation may be moderate. Money Flow Index at 53.55 indicates balanced buying and selling pressure without extreme conviction in either direction.
Liquidation data shows On-Balance Volume at -62.86 billion, reflecting accumulated selling pressure over recent trading sessions. This negative OBV suggests that volume has favored sellers, contributing to the downtrend. The Awesome Oscillator at -0.32 confirms bearish momentum, though the magnitude remains modest. Williams %R at -42.67 shows price is in the lower half of its recent range, consistent with oversold conditions that could precede a bounce.
Support and Resistance Levels for XRP USD
The critical support level for XRP USD sits at $1.14, marked by the lower Bollinger Band and representing a 19% decline from current price. This level has historical significance and would likely attract buying interest if tested. The next support tier appears at $1.118, which is the 52-week low, representing the absolute floor for recent trading.
Resistance begins at $1.54, the middle Bollinger Band and 50-day moving average convergence point. Breaking above this level would signal a potential reversal of the downtrend. The next resistance sits at $1.79, the 50-day moving average, followed by $1.94 at the upper Bollinger Band. The 52-week high of $3.67 remains a distant target that would require a complete trend reversal and sustained buying pressure over multiple months.
Why XRP USD Is Trading Lower This Month
XRP USD has declined 24.8% in February 2026, driven by broader cryptocurrency market weakness and profit-taking after previous rallies. The downtrend reflects investor concerns about regulatory uncertainty and macroeconomic headwinds affecting digital assets. Technical selling has accelerated as price broke below key moving averages, triggering stop-loss orders and momentum-based selling.
The ADX reading of 43.39 confirms this is a strong, organized downtrend rather than random volatility. Negative ROC at -12.32% shows momentum is declining, meaning the rate of price change is slowing. This suggests the downtrend may be maturing, potentially setting up for a bounce or consolidation phase. However, until XRP USD closes above the 50-day moving average at $1.79, the intermediate trend remains bearish.
What’s Next for XRP USD Price Action
The immediate focus for XRP USD traders is whether the $1.14 support level holds or breaks decisively lower. A bounce from this level could target the $1.54 resistance, which would represent a 9.4% recovery. The Stochastic indicator at 51.44 %K and 47.70 %D shows price momentum is neutral, neither overbought nor oversold, leaving room for movement in either direction.
If XRP USD breaks below $1.14, the next support appears at the 52-week low of $1.118, which would represent capitulation selling. Conversely, if price bounces and closes above $1.54, it could signal the beginning of a recovery phase toward the $1.79 moving average. The coming weeks will be critical in determining whether XRP USD establishes a bottom or continues lower toward monthly forecast targets.
Final Thoughts
XRP USD trades at $1.4062 with a 0.94% daily bounce but remains under significant downward pressure with a 24.8% monthly decline. Technical analysis shows RSI at 37.74 approaching oversold conditions, while ADX at 43.39 confirms a strong downtrend. The critical support level at $1.14 will determine whether XRP USD can stabilize or faces further weakness toward the $0.91 monthly target. Market sentiment shows balanced trading activity with negative OBV indicating accumulated selling pressure. The yearly forecast of $3.94 suggests long-term recovery potential, but near-term price action depends on whether support holds. Traders should monitor the $1.54 resistance level as a key inflection point for trend confirmation. XRP USD remains a volatile asset requiring careful risk management and position sizing given the current downtrend environment.
FAQs
XRP USD is trading at **$1.4062** with a **0.94% daily bounce**. The 52-week range spans from **$1.118** to **$3.67**, showing significant volatility. Market cap stands at **$86.1 billion** with trading volume at **2.34 billion**.
XRP USD has declined **24.8% in February 2026** due to broader cryptocurrency market weakness and profit-taking. Technical selling accelerated as price broke below key moving averages, triggering stop-loss orders. The strong downtrend (ADX at 43.39) reflects organized selling pressure rather than random volatility.
The yearly forecast for XRP USD is **$3.94**, representing a **179.8% potential gain** from current levels. Monthly target sits at **$0.91** if selling continues. Three-year and five-year forecasts show **$6.34** and **$8.73** respectively, assuming recovery and stabilization occur.
Critical support sits at **$1.14** (lower Bollinger Band) and **$1.118** (52-week low). Resistance begins at **$1.54** (middle Bollinger Band) and **$1.79** (50-day moving average). Breaking above **$1.79** would signal a potential trend reversal.
RSI at **37.74** shows XRP USD is approaching oversold conditions but not yet extreme. Stochastic %K at **51.44** indicates neutral momentum. A true oversold signal would require RSI below **30**, suggesting more downside is possible before a strong bounce occurs.
MFI at **53.55** indicates balanced buying and selling pressure without extreme conviction. This neutral reading suggests neither bulls nor bears have overwhelming control. Combined with negative OBV, it shows volume has favored sellers despite balanced price momentum.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.