 ▲ South Korea, United States, XRP / AI-generated image © |
XRP (Ripple) regained $1.64 in the Korean market with a daily trading volume of $1.2 billion, but is once again facing correction pressure after failing to break through the $1.65 resistance level.
According to cryptocurrency media outlet Watcher.Guru on February 16 (local time), XRP rose to $1.64 during the weekend rebound on February 15. At the time, Bitcoin (BTC) recovered $70,000, stimulating risk-on sentiment across the broader market, with altcoins also rebounding. However, as Bitcoin retraced to $68,000 afterward, XRP gave back part of its gains.
According to CoinGecko data, XRP fell 7.2% over the past 24 hours, 7.1% over the past 14 days, and 29% over the past month. Nevertheless, it remains up 1.3% on a seven-day basis. Volatility has expanded following the short-term surge.
Technically, $1.65 is acting as a key short-term resistance level. A breakout above this range could open the door for a rise toward $1.90, analysts suggest. Meanwhile, support has been confirmed around the $1.40 level. Whether XRP can break through resistance is seen as a watershed moment that will determine its next directional move.
This weekend’s rally coincided with a surge in trading on Korean exchanges. XRP trading volume reached $1.2 billion over 24 hours on Upbit and Bithumb. The simultaneous spike in large-scale trading and price volatility indicates that short-term supply and demand dynamics had a significant impact.
Interest in XRP has steadily increased over the past year. A settlement in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple improved investor sentiment, and the launch of several spot XRP ETFs in late 2025 enhanced institutional accessibility. Goldman Sachs’ holding of approximately $152 million worth of XRP ETFs also drew market attention. However, analysts note that a full-fledged bullish trend would likely require an improved macroeconomic environment and increased ETF inflows.
Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted for informational purposes only.