XRP Sets $1.74 Price Target, “90% Chance of Surge If It Breaks Through”

▲ XRP (XRP) / AI-generated image

XRP is drawing investor attention as it signals the possibility of a technical rebound to fill a $1.74 price gap formed in the Chicago Mercantile Exchange (CME) futures market.

According to cryptocurrency media outlet The Crypto Basic on February 11 (local time), a $1.74 price gap recently formed on the CME futures chart during XRP’s recent price fluctuations. In the digital asset market, such gaps occur when spot prices move sharply during the futures market’s closed hours, and historically prices have tended to return to those levels to fill the gap. With XRP currently moving sideways around $1.45, this indicator is being interpreted as a strong technical signal pointing to a potential short-term price increase.

The XRP price gap is believed to have occurred amid rapid changes in market liquidity coupled with recent volatility in Bitcoin (BTC). Futures market participants are reportedly setting $1.74—where the gap formed—as a target and building long positions, implying more than 20% upside potential from the current price. Technical analysts predict that if XRP successfully holds its short-term support level, a rally aimed at closing the gap may gain momentum.

Market analysts note that while filling a price gap does not necessarily guarantee an immediate surge, it is a necessary process for restoring market efficiency. After reaching a high of $2.40 in January, XRP underwent a correction and appeared to establish a base around $1.60, but recently faced additional downward pressure due to employment data releases and uncertainties surrounding Federal Reserve monetary policy. In this context, the $1.74 price gap is serving as a key technical milestone that could halt the downtrend and reverse market sentiment.

Growing interest from institutional finance is also supporting the possibility of the gap being filled. Major investment banks including Goldman Sachs have reportedly added XRP to their portfolios, while progress on U.S. crypto market structure legislation is leading to the launch of new institutional financial products. In particular, rising CME XRP futures trading volume and expanding open interest suggest that the market’s price discovery function is becoming more refined, creating an environment in which technical imbalances such as price gaps can be resolved more quickly.

XRP’s next move is expected to depend on the timing and strength with which it fills the $1.74 price gap. If XRP enters that range with strong trading volume, it could signal not merely a gap fill but a transition into a new uptrend. Investors should remain cautious of short-term volatility and closely monitor changes in futures market indicators and institutional capital flows when formulating response strategies.

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