XRP is rising after the CEO of Ripple took a leadership position in the regulatory body, indicators signal upward pressure
==========
At 20:55 XRP is trading at $1.52609, which is 8.09% higher than in the last 24 hours. The session reached a high of $1.54240 and a low of $1.40731, indicating a strong recovery after previously observed weakness. The price is now consolidating just below the session peak after a prolonged rise, with buyers maintaining control over the last hourly candles.
From a short-term perspective, XRP has transitioned from range trading to a clear breakout phase. After several sessions of sideways movement in the mid-range of $1.40, the price began to gradually rise, supported by the increase in short-term moving averages.
The 14-period and 21-period simple moving averages, located near $1.48840 and $1.47127 respectively, have an upward trend and currently form a multi-level support zone below current levels.
Bollinger Bands have expanded as volatility increased, with the upper band near $1.53331 and the lower band around $1.41559. XRP is pressing against the upper band, reflecting sustained upward pressure.
Volume increased during the breakout and remains more stable than during the previous consolidation, highlighting confidence in the movement.
=========
1-hour
Events related to Ripple have strengthened the overall sentiment around XRP. On February 12, the U.S. Commodity Futures Trading Commission (CFTC) announced the appointment of Ripple CEO Brad Garlinghouse to its 35-member Advisory Committee on Innovation, a group that advises on blockchain, artificial intelligence, and digital asset policy. This appointment signals a deepening interaction between regulators and major industry players.
During the XRP Community Day on February 11-12, Garlinghouse characterized XRP as the 'North Star' of Ripple's strategy and predicted that 2026 could be a defining year for cryptocurrency markets. This week, Binance integrated RLUSD into the XRP ledger, resulting in the stablecoin's market capitalization rising to $1.5 billion. Ripple continues to develop amendment XLS-66, which will allow institutional investors to lend and borrow on-chain, confirmed plans for the implementation of zero-knowledge proofs in the first quarter of 2026, and disclosed that Goldman Sachs holds a position of $152 million in XRP exchange-traded funds (ETFs), underscoring the growing institutional exposure.
=======
Technical indicators suggest a strong but stretched momentum.
The Relative Strength Index (RSI) is at 81.87, which is a clear sign of overbought conditions, signaling a continuation of the rally that may require consolidation before another sustained rise.
The Moving Average Convergence Divergence (MACD) shows the MACD line at 0.00308 and the signal line at 0.02419 with a positive histogram, reflecting the ongoing bullish momentum.
From a moving average (MA) perspective, XRP remains decisively above its short-term averages, confirming the strength of the trend as these averages have an upward slope.
Bollinger Bands remain expanded, and continued trading near the upper band indicates persistent buying pressure, although historically such positioning can precede a cooling phase if momentum begins to weaken.
If XRP continues to hold above the support range of $1.48–$1.47 defined by the moving averages, the technical structure will remain constructive, with a session high of $1.54240 as the nearest target for growth. A decisive breakout above this level would strengthen the continuation of the bullish trend.
Conversely, a decline in the RSI from overbought levels or a contraction in the MACD histogram may signal weakening momentum, opening the way for a pullback to the middle line of the Bollinger Bands before the next directional move is formed.