Tuesday, Feb. 17, 2026: XRP remains capped below its $1.49794 daily Bollinger midband after Sunday’s $1.6711 spike, the Cardano Foundation confirms a YES vote on the first DeFi Liquidity Budget withdrawal and Robert Kiyosaki tells followers he is increasing Bitcoin exposure as BTC consolidates near $67,777, above the $60,000 support.
TL;DR
- XRP unable to secure acceptance from Bollinger Bands above $1.50.
- Cardano governance votes “Yes” for DeFi liquidity withdrawal worth 500,000 ADA.
- “Rich Dad Poor Dad” author Robert Kiyosaki reiterates “bullish” stance on Bitcoin as BTC holding above $60,000 after recent liquidity sweep.
XRP news: Bollinger Bands flag weakness for XRP price at $1.50
XRP’s weekend rally to $1.6711 briefly revived upside expectations, but buying momentum faded quickly. By Tuesday’s open, the token remained below the daily Bollinger midband at $1.49794, a level that has acted as resistance across three consecutive daily sessions.
Morning Crypto Report: XRP Not Ready for $1.50: Bollinger Bands, Cardano Foundation Votes ‘Yes’ on 500,000 ADA Withdrawal, Kiyosaki Details ‘Rich Dad’ Bitcoin Strategy
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The daily chart by TradingView with Bollinger Bands applied shows repeated attempts to stabilize above $1.50, failing to produce continuation. The midband, represented by the 20-day moving average, remains the technical pivot separating recovery from renewed downside pressure.
XRP/USD chart by TradingView with Bollinger Bands appliedWith the price hovering beneath that threshold, attention turns to the lower Bollinger Band at $1.2311 as the next statistical reference point for XRP if weakness continues.
The development matters because Sunday’s spike was widely interpreted as a potential breakout attempt. As of Tuesday, that breakout has not materialized.
Cardano news: Foundation votes “yes” on treasury withdrawal for DeFi Liquidity Budget
Separately, the Cardano Foundation confirmed via X that it has voted “Yes” on Withdrawal 1 under the Cardano DeFi Liquidity Budget framework. According to the proposal, filed on Jan. 15, 2026, the sum of the withdrawal is 500,000 ADA.
The vote is publicly verifiable on-chain through Cardanoscan, reinforcing the network’s governance transparency.
In its rationale, the Cardano Foundation commended the team’s disclosure of risk management policies but emphasized the need for stronger reporting standards before additional withdrawals are approved. Recommendations include:
- Public dashboards tracking liquidity deployment.
- Expanded conflict-of-interest disclosures.
- Clearer operational rules for fund management.
- More accurate ADA price assumptions in budget modeling.
Internal vote distribution showed four constitutional votes in favor, zero against, one abstention.
The approval activates treasury-backed DeFi liquidity for Cardano while simultaneously placing accountability requirements on execution.
Bitcoin news: “Rich Dad Poor Dad” author Kiyosaki reaffirms BTC accumulation plan
In a Tuesday post on X, “Rich Dad Poor Dad” author Robert Kiyosaki warned that a major stock market crash is imminent and reiterated that he is buying more Bitcoin during price pullbacks.
He cited Bitcoin’s 21 million supply cap and stated that nearly all coins are already in circulation, reinforcing his long-standing scarcity argument. Kiyosaki said he holds gold, silver, Ethereum and Bitcoin and intends to accumulate more BTC as markets weaken.
BTC/USD chart by TradingView with Robert Kiyosaki’s X postHis comments come as Bitcoin consolidates near $67,777 following a move earlier this month that briefly pushed the price toward $60,000. That level now serves as structural support, while the $73,00-$75,000 region remains overhead supply.
Importantly, Kiyosaki’s stance is not new. He has consistently framed Bitcoin as a hedge against systemic instability. What changes is context: current price compression and volatility expansion patterns mean accumulation strategies now sit against a backdrop of heightened risk sensitivity.
What to watch next for XRP, ADA, BTC
- XRP: Daily close above $1.49794 required to confirm recovery above $1.50. Continued rejection keeps $1.2311 in play.
- Cardano (ADA): Testing $0.27-$0.29 support zone as market focus shifts to transparency execution after Treasury Withdrawal 1 approval.
- Bitcoin (BTC): $60,000 remains key structural support. A break above $73,000 would mark a renewed expansion phase. Until then a chop sideways in the $60,000-$70,000 range is the most probable scenario.
Source: https://u.today/morning-crypto-report-xrp-not-ready-for-150-bollinger-bands-cardano-foundation-votes-yes-on-500000
