XRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in comingXRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in coming

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

2026/02/23 20:23
Okuma süresi: 4 dk

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

Luisa Crawford Feb 23, 2026 12:23

XRP trades at $1.40 with neutral RSI signaling potential bounce. Technical analysis suggests $1.60-$1.80 recovery possible if resistance at $1.47 breaks in coming weeks.

XRP Price Prediction: Ripple Eyes $1.60 Recovery Amid Technical Consolidation

XRP Price Prediction Summary

Short-term target (1 week): $1.47-$1.54
Medium-term forecast (1 month): $1.60-$1.80 range
Bullish breakout level: $1.55 (Upper Bollinger Band)
Critical support: $1.30 (Lower Bollinger Band)

What Crypto Analysts Are Saying About Ripple

While specific analyst predictions from the past 24 hours are limited, several notable forecasts from earlier in 2026 remain relevant for current market positioning. According to technical analyst Felix Pinkston's February 18th assessment, "XRP technical analysis shows neutral RSI at 42.97 with key resistance at $1.54. Ripple forecast suggests potential recovery to $1.60-$1.80 range if bulls break above current consolidation zone."

More optimistically, Standard Chartered maintains its bullish stance with Geoffrey Kendrick projecting XRP could reach $8.00 by the end of 2026, while Dominic Basulto's January prediction targets $4.00 for 2026. However, these longer-term targets require significant momentum shifts from current technical conditions.

On-chain data suggests consolidation continues as XRP trades below key moving averages, with the 50-day SMA at $1.75 and 200-day SMA at $2.32 indicating the broader trend remains challenged.

XRP Technical Analysis Breakdown

XRP's current technical picture presents a mixed but cautiously optimistic outlook. Trading at $1.40, Ripple sits near the middle of its Bollinger Bands with a %B position of 0.42, suggesting neither oversold nor overbought conditions.

The RSI reading of 39.00 indicates neutral momentum with room for upward movement before reaching overbought territory. This positioning often precedes recovery attempts, particularly when combined with the current MACD histogram at zero, suggesting momentum may be stabilizing after recent bearish pressure.

Key resistance levels emerge at $1.44 (immediate) and $1.47 (strong), with the latter coinciding closely with previous consolidation highs. A break above $1.47 would target the upper Bollinger Band at $1.55, potentially opening the door to Felix Pinkston's forecasted $1.60-$1.80 range.

Support structure appears solid with immediate support at $1.35 and strong support at $1.30, aligning with the lower Bollinger Band. The Average True Range of $0.08 indicates moderate volatility, suggesting any breakout moves could be sustained rather than whipsawed.

Ripple Price Targets: Bull vs Bear Case

Bullish Scenario

If XRP can reclaim the $1.47 resistance level with volume confirmation, the path opens toward $1.54-$1.55 (upper Bollinger Band resistance). A sustained break above this zone would validate the $1.60-$1.80 recovery target outlined in recent technical analysis.

The bullish case strengthens if RSI climbs above 50 while maintaining support above the 20-day SMA at $1.42. Such confirmation could trigger algorithmic buying and renewed retail interest, potentially extending gains toward the $1.75-$1.80 range where the 50-day moving average creates the next major hurdle.

Bearish Scenario

Failure to hold above $1.35 immediate support would likely trigger testing of the $1.30 strong support level. A breakdown below the lower Bollinger Band could extend losses toward $1.25-$1.20, particularly if broader cryptocurrency market sentiment deteriorates.

The bear case gains credence if RSI drops below 35 or if MACD histogram turns decisively negative. Given XRP's position well below longer-term moving averages, any sustained selling pressure could challenge the $1.30 support zone more aggressively than current technical indicators suggest.

Should You Buy XRP? Entry Strategy

Current levels around $1.40 offer a reasonable risk-reward setup for traders comfortable with moderate volatility. Conservative entries might wait for a pullback toward $1.35-$1.37 support, providing better positioning for the anticipated recovery move.

More aggressive traders could consider entries on any break above $1.44 with stops below $1.35, targeting initial resistance at $1.47-$1.50. This approach capitalizes on momentum while maintaining reasonable risk management through the established support structure.

Position sizing should account for the $0.08 daily ATR, suggesting potential daily moves of 5-6% in either direction. Risk management becomes crucial given XRP's distance from longer-term moving averages and the uncertain broader market environment.

Conclusion

This XRP price prediction suggests cautious optimism for Ripple's near-term prospects, with technical indicators supporting a potential recovery toward $1.60-$1.80 over the coming month. The neutral RSI and stabilizing MACD provide foundations for upward movement, while established support levels offer reasonable downside protection.

However, success depends on breaking through immediate resistance at $1.47 and broader cryptocurrency market conditions remaining supportive. Traders should monitor volume patterns and RSI momentum for confirmation of any breakout attempts.

Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.

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