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XRP is above $1.40, as Ripple CEO Brad Garlinghouse joined the CFTC Innovation Advisory Committee. This signals regulatory normalization.
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Open Interest rises by 2.04% to $2.30B, while Options Volume surges by 338.80%. This shows renewed trader interest in spite of price weakness.
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Analysts say that the price must regain $1.51 in order to invalidate the breakdown and then target $1.76 as a resistance zone.
XRP is currently trading at $1.4085. This is up 0.16% over the last 24 hours. The token has been trying to stabilize itself after breaking through key support levels. The move comes after Ripple CEO Brad Garlinghouse made an announcement about his appointment to the Commodity Futures Trading Commission’s Innovation Advisory Committee. This could change regulatory sentiment.
Garlinghouse joins CFTC panel in regulatory milestone
Garlinghouse’s nomination to the CFTC Innovation Advisory Committee is a significant milestone in the broader XRP eco-system and Ripple. The same regulatory environment which has challenged Ripple over the past five years now seeks direct input from the company’s leaders.
This is a positive sign for XRP’s supporters. Engagement with the CFTC could enhance Ripple’s credibility in US policy discussion and reduce the long term legal overhang which previously weighed on the price. Garlinghouse referred to the committee roster as “the Olympics crypto-role,” highlighting the calibre of industry participants involved.
A constructive dialogue with regulators can ease uncertainty and provide clearer paths for institutional adoption. The market has not yet priced in the long-term consequences of this development. Price action is still focused on near-term levels.
Open Interest Rises as Options Volume Surges
Coinglass reports that XRP open interest has increased by 2.04% to $2.30 Billion, while volume has dropped by 16.70% to 3.32 Billion. Options volume jumped 338.80%, to $6.25million, indicating traders are preparing for volatility. Options open interest dropped 5.34% to $50.04 million, indicating that some options positions have been closed despite the spike.
Long/short ratios are still elevated at 2.18 for Binance and 2.28 for OKX. This shows that leverage is still bullish, despite the 61% drop from the all-time high of $3.56. On 12-hour timeframes the top trader’s positions show $219.18 in longs and $88.88 in shorts. This indicates that large accounts are well positioned to recover. The combination of increasing open interest and options volumes suggests traders are rebuilding their positions after the recent selloff.
Price Breaks Below Multimonth Descending Trendline
On the daily chart, XRP broke decisively below the descending price trendline that guided the price action since July 2025’s peak. Supertrend turned bearish at $1.7407 confirming downward momentum. Parabolic SAR is at $1.1673, which marks the next major support area if selling continues.
The chart shows:
- Clean breakdown below the descending trendline since July highs
- Supertrend bearish confirms sellers’ control momentum
- Support for immediate pressure at $1.40
- Former support of $1.51 now resistance
XRP fell from above $2.40 at the beginning of January to a minimum near $1.15 by February 11, marking a correction of 52%. The recent rebound to $1.40 represents 22% recovery, but the structure is still bearish. Analysts believe XRP needs to reclaim $1.51 in order to invalidate the breakdown. They then suggest that the $1.76 zone is the next resistance level.
A daily close above 1,51 would put XRP above the recent support which broke, shifting the momentum away from the Bears. Up until then, every bounce is a relief rally within a corrective stage. The $1.40 mark is crucial. Losing this level would expose $1.30, and eventually retest $1.15’s lows.
Intraday trading is dominated by range-bound trading
The 1-hour chart shows XRP consolidating between $1.35 and $1.45 after the sharp recovery to $1.15. RSI is at 58.66 and neutral, with no clear direction. MACD remains positive, but flat. Both lines are converging at zero.
The structure is:
- Price forms higher lows from $1.15 base
- The $1.45 cap on upside is not going to be a problem
- Indecision is indicated by consolidation
Buyers are defending $1.35-$1.40, preventing a retest at the lows. Sellers continue rejecting price above $1.45 and keep pressure on any rally attempt. The tight range reflects the market’s indecision, as traders weigh CFTC news with broader technical weakness.
A breakout above 1,45 with volume would put $1.51 in range and signal a trend reversal. A breakdown below $1.35 invalidates the recovery and sends price back to $1.30 support.
Forecast: Will XRP go up?
The next step depends on XRP’s ability to hold $1.40, and reclaim $1.51 resistance area.
- Bullish case: A strong close above $1.51 and a high volume would invalidate this breakdown and put $1.76 in range. Reclaiming $1.76 will flip the structure, and target $2.00 psychological support.
- Case bearish: A breakdown below 1,35 exposes $1.30. Further downside could reach $1.15, if the selling accelerates. Losing $1.35 confirms the rally from the lows was just a dead cat bounce.
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