XRP's outlook depends on three events: policy changes, network growth, and market sentiment.
Traders continue to debate whether the recent correction is temporary for XRP or the beginning of a deep reset. Currently, attention is focused on three factors determining XRP's short-term trajectory.
On February 10, XRP traded around $1.41, down 12.5% over the past seven days and more than 33% over the past month. The token's weekly range spanned $1.16 to $1.62, and daily trading volume reached $2.73 billion, indicating increased activity even as prices decline.
Political and regulatory signals remain important catalysts. Washington debates over stablecoin yields are approaching the deadline, with banks and cryptocurrency industry representatives struggling to reach a consensus. Any clarity emerging from these negotiations could impact XRP's positioning in cross-border payments.
Network growth and integrations add significant value beneath the surface. Ripple Prime's recent integration with Hyperliquid has opened a new channel for derivatives and tokenized assets linked to the XRP Ledger. Meanwhile, the volume of real assets on the ledger has grown 265% over the past 30 days, reaching $1.4 billion, indicating growing blockchain adoption.
RLUSD's market cap has risen to $1.52 billion, with transaction volumes up 45%. These figures suggest that, despite the token's sluggish price performance, its ecosystem usage remains unchanged. Furthermore, institutional interest increased during the decline: eight corporations, led by Evernorth Holdings, invested a total of $2 billion in XRP reserves.
Market sentiment and technical levels speak for themselves. Technically, XRP is holding near $1.40, closely aligned with the 200-day exponential moving average. As long as daily closing prices remain above $1.38, the long-term structure remains intact.
Resistance near $1.50 is successfully limiting rebound attempts and curbing the upward momentum. A break of this level could reopen the path to $2, while a failure risks a test of the low at $1.12.