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XRP is moving toward lower support levels amid “extreme fear”
The price of XRP has once again approached the session lows, while inflows of tokens to exchanges are increasing pressure on critically important support levels. All of this comes ahead of Ripple Community Day.
The current price of XRP is fluctuating around $1.38, down 2.4% over the past 24 hours. The session high stands at $1.43 and the low at $1.36, reflecting persistent short-term selling pressure.
On the hourly Bitstamp chart, XRP shows a sharp drop from $1.60 to a low of around $1.20, followed by a strong rebound that pushed the price above $1.50. This recovery was short-lived, and since then the market has formed a pattern of lower highs.
The price has now fallen again to $1.38, significantly below the recent peak, reinforcing the short-term downward structure. Trading volume spiked during the drop and subsequent rebound, then declined as the price continued to fall.
Hourly XRP chart on Bitstamp, February 11, 2026
The decline is taking place amid a broader reduction in risk appetite across the crypto market. The Fear and Greed Index currently stands at 11, which corresponds to the “extreme fear” category. Bitcoin has fallen below $67,000, and Ethereum has dropped below $2,000, adding additional pressure to major digital assets.
Glassnode data shows that XRP’s Spent Output Profit Ratio (SOPR) has fallen to 0.96, indicating that on average holders are selling tokens at a loss. The gloomy situation is unfolding ahead of Ripple’s XRP Community Day on February 11–12, where CEO Brad Garlinghouse is set to speak and present a forward-looking roadmap.
XRP price change over 24 hours. TradingView data
Technical indicators reflect sustained downward pressure on the hourly timeframe. The Relative Strength Index (RSI) is below the 50 level, indicating bearish momentum, while it has not yet reached extreme oversold values. The Moving Average Convergence Divergence (MACD) indicator remains in a bearish direction: the MACD line is below the signal line, and the histogram is in the negative zone, highlighting the weakening of upward momentum after the rebound from the $1.50 level.
From the perspective of moving averages, XRP is trading below its short-term moving averages, reinforcing resistance in the $1.40–$1.45 zone. Bollinger Bands widened significantly during the period of high volatility between $1.20 and $1.50 and have begun to narrow, while the price is now approaching the lower band, fluctuating around $1.30.
See also: "Why does the price of Bitcoin often drop sharply on weekends?"
