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XRP Rebounds to $1.50 After Whale Buying, but Bearish Trend Persists Below $2

Derivatives funding has turned deeply negative, signaling caution despite on-chain accumulation.

Overview

  • XRP jumped roughly 37% from $1.11 to about $1.54 within 18 hours on Feb. 7 before settling around $1.4–$1.5.
  • Santiment recorded about 1,389 transactions over $100,000 during the dip and a surge to 78,727 unique XRPL addresses in one eight‑hour window.
  • Technical analysts highlight $1.25–$1.35 as key support and $1.40 as near resistance, with a decisive trend shift only on daily closes above $2.00.
  • CryptoQuant data show Binance funding near −0.028, the lowest since April 2025, pointing to defensive positioning despite the price rebound.
  • Ripple’s roadmap outlines permissioned domains and a planned permissioned DEX with KYC credentials where DEX trades would burn XRP, as reporting also notes roughly $1.14 billion in tokenized commodities on XRPL.