XRP Stages Major Rebound After 20% Plunge as Ripple Community Day Sparks Revival

▲ XRP (XRP)/AI-generated image

A large-scale community event hosted by Ripple has reversed the previously subdued market atmosphere, leading a full-fledged recovery in the price of XRP.

According to cryptocurrency-focused media outlet CoinGape on February 12 (local time), XRP rose 1.68% over the past 24 hours to $1.38, breaking a week-long downtrend. Although the token had plunged about 20% from its recent four-week high of $2, heightening market concerns, investor sentiment appears to be recovering rapidly as Ripple’s XRP Community Day event began yesterday. The total cryptocurrency market capitalization currently stands at $2.29 trillion, with Bitcoin (BTC) trading near $67,000.

The two-day event, which began on February 11, featured key Ripple executives including CEO Brad Garlinghouse, President Monica Long, CTO David Schwartz, and Chief Legal Officer Stuart Alderoty. Through X (formerly Twitter) Spaces, they engaged with developers and institutional investors worldwide, sharing insights on the future of the XRP Ledger and its real-world applications. In particular, Ripple’s 2026 roadmap outlined concrete strategies for financial integration and securing cross-chain liquidity, raising market expectations.

Strong investor interest is also reflected in the numbers. Since its launch, the XRP spot ETF has recorded cumulative net inflows of $1.23 billion, establishing itself as a mainstream investment vehicle. Approximately $9.57 million has flowed in weekly on a steady basis, signaling that both institutional and retail traders are seeking greater exposure to XRP. Market observers expect XRP to gain additional upward momentum alongside major altcoins such as Ethereum (ETH) and Solana (SOL), as they move in tandem toward recovery.

From a technical perspective, $1.30 and $1.50 are seen as key levels that will determine XRP’s next direction. The Relative Strength Index (RSI) currently stands at 43, indicating neutral conditions, while the Moving Average Convergence Divergence (MACD) remains at -0.0174, suggesting that downward pressure has not fully dissipated. If XRP breaks through the $1.50 resistance level with strong trading volume, it could enter the $1.60 range in the short term. Conversely, if the $1.30 support level fails, there is a risk of a further decline toward $1.20.

Ripple executives emphasized the importance of XRP spot ETFs and exchange-traded products (ETPs) as regulated financial instruments during the event. The company plans to accelerate the adoption of innovative technologies to expand XRP’s utility and increase adoption rates through collaborations with global partners. Market participants are closely watching whether XRP can move beyond being merely a payment tool to establish itself as a core infrastructure of the global financial system, while focusing on managing volatility.

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