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XRP News Today: XRP Price Extends Correction as Analysts Highlight Major Support Levels
XRP traded near $1.36 on Wednesday, extending a steep correction from its multi-year high near $3.66 in July 2025. The move kept the token below $1.40, a level many traders monitor as a key technical pivot.
Price weakness has raised a question for the market: Where could XRP form a base if selling continues?
Current chart signals point to defined support bands, while institutional flow data and network activity offer potential offsets.
XRP Price Action Stays Capped Under $1.40 as Support Tightens
XRP slipped under $1.50 earlier in the month and then tested the low-$1.10s before rebounding. The market now treats $1.37–$1.40 as a near-term decision zone because price has struggled to reclaim it.
If buyers fail to defend the current range, the next downside markers sit close together. Traders often watch $1.26 and $1.12 because recent trading printed lows near those areas. A break under the prior local low near $1.12 would signal that sellers still control momentum on higher time frames.
Gaussian Channel Levels Highlight $1.16, with $0.70 as a Deeper Target
Chart Nerd, a technical analyst posting on X, pointed to a monthly Gaussian Channel pattern that has appeared during earlier XRP cycles. The analyst said XRP often corrects after a rally and then retests the channel’s upper regression band. On the current chart, that band sits near $1.16.
Chart Nerd said past retests did not always end the pullback. The analyst described prior cycles where XRP drifted lower for several months and then approached the channel’s middle regression band before building a longer base. On the current reading, that mid-band lines up near $0.70.
The $0.70 area also matches a prior resistance zone from 2023–2024, which has not seen a clean support retest in this cycle. The analyst framed the setup as conditional and tied confirmation to price action under the recent local lows near $1.12.
Institutional Positioning and On-Chain Activity Add Competing Signals
Fund flow data shows that some professional investors have continued to add XRP exposure via regulated products. US-traded spot XRP ETF products recorded $51.3 million in net inflows between February 2 and 9, according to CoinGlass, even as spot Bitcoin, Ethereum, and Solana ETFs posted net outflows during the same period.
Most of the XRP allocations are concentrated in the Franklin XRP ETF (XRPZ) and the Bitwise XRP ETF, which attracted about $23.7 million and $20 million, respectively, while the 21Shares XRP ETF (TOXR) saw modest net redemptions of roughly $350,000.
Regulatory filings have also kept attention on XRP-linked products. A report citing Goldman Sachs’ latest Form 13F disclosure said the bank held about $153 million in XRP exposure via ETF positions as of the end of Q4 2025. The figure reflects holdings reported for that quarter-end snapshot, not a live mark-to-market value.
On-chain trackers also logged sharp activity during the sell-off and rebound. Santiment cited a spike in large transactions above $100,000 and a jump in active addresses on the XRP Ledger during the bounce off the lows. Traders often read such bursts as evidence of repositioning because whales and active users tend to move when volatility rises.
Also Read: XRP News Today: XRP Price Falls 30% in a Week Despite Positive ETF Inflow
