Overview
- XRP climbed roughly 10–11% over Feb. 14–15 to about $1.55–$1.62, extending a recovery of around 30% from the early‑February low near $1.11.
- The upswing followed a U.S. January CPI reading of 2.4%, which investors read as supportive of easier monetary conditions and risk assets.
- Exchange balances continue to fall, with about 700 million XRP leaving Binance since late 2024 and another 152 million drop in exchange reserves over the past week, while U.S. spot ETFs drew about $4.5 million on Feb. 13.
- Whales on Binance and OKX accumulated more than $6.3 million in XRP near $1.38 as trading volume jumped roughly 89% and derivatives positioning skewed long.
- Technical momentum is unconfirmed, with price still below key moving averages and analysts looking for a sustained four‑hour close above roughly $1.65 to open a path toward $1.80.