XRP Defends $1.41 Support: Will the “Era of Capital Markets” Spark a Reversal?
On February 9, 2026, XRP is trading between $1.42 and $1.45. After a volatile start to the year and a drop from January highs, traders...
Quick overview
- As of February 9, 2026, XRP is trading between $1.42 and $1.45, showing resilience despite a 31% drop in the past month.
- XRP is the only major asset with positive ETF inflows this week, attracting nearly $45 million, indicating institutional confidence.
- Corporate reserves in XRP have surpassed $2 billion, reflecting a shift from trading to using XRP for company reserves.
- Upcoming events, including Ripple's X Spaces on February 11-12, 2026, are expected to provide insights into XRP's future in capital markets.
On February 9, 2026, XRP is trading between $1.42 and $1.45. After a volatile start to the year and a drop from January highs, traders are watching a key support level and several upcoming institutional events that could shape its direction in early 2026.
Market Snapshot: XRP’s Resilience Amid Broader Correction
Even after falling 31% in the past month, XRP is still a major player in crypto, ranked #4 by market cap at about $87 billion. While most of the market has seen heavy selling, XRP stands out for its unique support from institutions.
- Current Price: $1.42 – $1.45 USD
- 24-Hour Volume: Exceeding $3 billion
- Key Resistance: $1.46 (50-EMA)
- Key Support: $1.41 (The “Line in the Sand”)
Institutional “Diamond Hands”: ETF Inflows and Whale Activity
Retail investors are still cautious, but data shows that institutions are buying large amounts of XRP.
1. The Only Green Asset in ETF Flows
This week, while Bitcoin, Ethereum, and Solana had large outflows, XRP was the only major asset with positive ETF inflows, bringing in almost $45 million. The Franklin Templeton XRP ETF led the way, showing that many professional investors see the price drop as a good buying opportunity.
2. Corporate Reserves Hit $2 Billion
In early 2026, eight major companies, including Evernorth Holdings and Trident Digital Tech, have put over $2 billion into XRP reserves. This move from trading to using XRP for company reserves shows the Ripple ecosystem is maturing.
3. Whale Wallets on the Rise
On-chain data shows more wallets now hold at least 1 million XRP. This kind of buying by large holders often comes before a price change, and network activity has jumped 51.5% in new addresses in the past two days.
Technical Analysis: XRP Slips into Fibonacci Support
From a technical view, XRP is at a turning point. On the 2-hour chart, the price is close to $1.41, which is an important support level for buyers.
- Bearish outlook: XRP is still below a falling trendline from late January. Since the price is under the 50-EMA at $1.46, it has been moving down. If it drops below $1.38, it could fall to $1.31 or even the recent low of $1.11.
- Bullish outlook: The RSI is steady in the mid-40s, which means the recent panic selling has eased. If XRP moves back above $1.46, it could break the short-term downtrend and aim for the $1.54 Fibonacci level.
Upcoming Catalysts: “The Era of XRP in Capital Markets”
The biggest short-term event is Ripple’s X Spaces event on February 11 and 12, 2026.
The event, called “The Era of XRP in Capital Markets,” will likely include Ripple CEO Brad Garlinghouse. People in the market are expecting:
- Roadmap 2026: Specifics on the integration of smart contracts (Hooks) on the XRP Ledger.
- RLUSD Integration: How Ripple’s USD-pegged stablecoin will function as a collateral bridge.
- Institutional DeFi: New partnerships with custodians like Hex Trust to facilitate deeper capital market access.
Strategic Trade Idea
For traders looking to navigate the current range-bound price action:
- Entry: Sell near $1.45 (retest of 50-EMA resistance).
- Target: $1.32 (near major support).
- Stop Loss: Above $1.50 (to account for a breakout).
Note: Long-term holders should watch the $1.38 support level. If this level stays above on daily closes, the idea of XRP’s bullish use case is still valid.
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