XRP up 7%, But $0.80 Price Level Cannot Be Waved Off
The post XRP up 7%, But $0.80 Price Level Cannot Be Waved Off appeared on BitcoinEthereumNews.com.
XRP reversed a three-day drop, rebounding from a low of $1.347 on Feb. 13. The recovery extended on Saturday with the XRP price trading in green. At press time, XRP was up nearly 7% in the last 24 hours to $1.44 and up 1.79% weekly. The XRP price rebound follows the broader crypto market recovery as a lower-than-expected CPI reading helped boost the outlook for Federal Reserve interest rate cuts on the futures market. The consumer price index for January rose 2.4% from the same time a year ago, down 0.3 percentage points from the prior month and the lowest since May 2025. Crypto Market Review: XRP Consolidates Amid Low Volatility, DOGE Struggles at $0.10, Is Shiba Inu (SHIB) Testing Key Support? U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF You Might Also Like The price rebound also follows a successful XRP Community Day event, which reemphasized the focus on XRP and its native ecosystem, XRP Ledger. At the event, Ripple CEO Brad Garlinghouse reemphasized XRP as top priority, calling it a “North Star” for the company. This same view was also echoed by Ripple President Monica Long, saying XRP remains at the center of everything Ripple is building. The event saw new announcements, including tokenization and the XRP Ledger Foundation’s director. Aviva Investors, the global asset management business of Aviva, and Ripple announced a partnership, with the intention of tokenizing traditional fund structures. Ripple will support Aviva Investors with the initiative part of its broader effort to bring traditional financial assets with real utility to the XRP Ledger. The XRPL Foundation announced the appointment of Brett Mollin as its new executive director. $0.80 remains support XRP is clinging to the support line of the descending channel pattern,…
Filed under: News - @ February 14, 2026 11:29 am