Why XRP’s Flat Price Action May Actually Be a Positive Sign
XRP (Ripple) continues its sluggish sideways movement around the $1.4 level, but some in the market interpret this “boring phase” as groundwork for the next upward move.
According to CoinMarketCap on February 22 (local time), XRP is currently trading at around $1.38, down approximately 47% from its previous all-time high of $3.5. Price momentum has slowed and volatility has decreased, leading some investors to describe the market as frustrating.
However, cryptocurrency media outlet Watcher.Guru analyzed that this low-price range could be a process of filtering out short-term profit-taking sellers. The longer the price remains at lower levels, the more impatient investors may exit, potentially increasing the proportion of long-term participants. This could help ease selling pressure and provide a stronger foundation for a rebound.
The report also emphasized that XRP has been expanding its real-world use cases through partnerships with major institutions such as SBI Holdings and Santander, as well as by broadening its cross-border payment network. Since institutional backing typically prioritizes structural growth plans over sharp volatility, the possibility of a gradual reversal following market stabilization cannot be ruled out.
Ripple CEO Brad Garlinghouse stated that there is a 90% chance the U.S. cryptocurrency market structure bill, the CLARITY Act, could pass by April 2026. Expectations are that regulatory clarity following the bill’s passage could create a favorable environment for XRP. The outlet also noted that previous crypto bull markets often began before regulatory frameworks were fully established.
From a technical perspective, optimism has also been raised. Analyst Dark Defender argued that XRP has been forming an upward trend channel since 2017, with a “W pattern” on the chart intersecting the Fibonacci level around $18. While the current price remains near $1.4, he suggested the possibility of reaching $18 in the mid- to long term.
Ultimately, XRP’s “boring” price action may represent a short-term fatigue phase, but shifts in the regulatory environment, institutional networks, and technical patterns could serve as catalysts for a change in direction. However, analysts added that a full-fledged trend reversal will depend on broader market stability and a recovery in investor sentiment.
Disclaimer: This article is for investment reference purposes only, and we are not responsible for any investment losses incurred based on it. The content should be interpreted solely for informational purposes. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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