After falling more than 50% over the past month, Ripple’s XRP is now showing renewed strength and signaling major upside potential.
On the 15th of February, the asset surged 11%, triggering a bullish breakout that suggests the bearish trend has ended and further gains may be on the horizon.
According to the crypto price tracker CoinMarketCap, XRP has been trading at $1.62, up 11% over the past 24 hours. Meanwhile, the asset reached an intraday high of $1.671.
At the same time, a massive 89% surge in trading volume was recorded, pushing the total volume to $4.83 billion, indicating heightened participation from traders and investors.
XRP price action and key levels
AMBCrypto’s technical analysis on the four-hour chart revealed that the price jump in XRP has triggered a breakout from a bearish descending trendline that the asset has been facing since January 6, 2026.
However, it is not yet confirmed whether this is a successful breakout or a fakeout, as the price continues to struggle above the trendline.
The chart also shows that earlier, the price broke above the trendline but failed to sustain the move.
Source: TradingView
Based on past performance and price action, XRP’s upside move could continue only if it closes a four-hour candle above the trendline and above the $1.65 level.
If XRP achieves this, there is a strong possibility that it could see another price jump of 10% and may reach the next resistance level at $1.80 in the coming days.
Amid the ongoing price fluctuations, the Average Directional Index (ADX) value has reached 33.85, above the key threshold of 25, indicating that XRP is showing strong momentum.
Derivatives and on-chain data reinforce bullish outlook
Adding to the bullish outlook, derivative data from CoinGlass showed that traders were following the market trend.
According to the latest data, traders were overleveraged at $1.437 on the lower side (support) and $1.683 on the upper side (resistance).
At these levels, traders have built $124.02 million worth of long-leveraged positions and $46.57 million worth of short-leveraged positions.
This suggests that bulls are currently dominating the asset, and there is no major liquidity on the upside.
Source: CoinGlass
Another metric currently reinforcing XRP’s bullish outlook is the decline in exchange reserves along with inflows into spot XRP ETFs.
According to data from CryptoQuant, XRP reserves on exchanges have dropped sharply by 152 million over the past week, suggesting massive accumulation.
In the crypto landscape, declining exchange reserves typically indicate ongoing acquisition or the movement of assets from exchanges to private wallets for long-term holding.
Source: CryptoQuant
Meanwhile, spot XRP ETFs in the United States recorded impressive inflows of $4.50 million, suggesting that fresh capital from Wall Street is moving into the underlying asset.
Source: SoSoValue
All these factors—bullish bets from traders, falling exchange reserves, and inflows into spot XRP ETFs—point to growing interest in the asset from both investors and traders.
Final Summary
- XRP’s 11% price jump opens the door for another 10% upside rally, but only if it clears the $1.65 hurdle.
- At press time, traders’ bullish bets, falling exchange reserves, and inflows into spot ETFs are strengthening XRP’s bullish outlook.
Source: https://ambcrypto.com/xrp-breaks-its-bearish-trend-after-50-crash-whats-next/

