TradingView analysis from February 12 shows that XRP/USD has shifted from a strong bullish phase into a prolonged correction. In early 2025, the token surged sharply above the Ichimoku Cloud, reaching highs around $2.20–$2.30.
Since then, momentum has slowed, and the token has started making lower highs and lower lows, a classic signal of trend exhaustion. Current trading sits around $1.38, confirming a bearish structure on the weekly chart.
This is supported by the technical analysis indicators. The Tenkan-sen (conversion line) has crossed below the Kijun-sen (base line), and the Chikou Span (lagging line) is below the price and the cloud.
Source: TradingView
This is an indication from the Ichimoku chart that the sellers are in control. The cloud has flattened and turned slightly bearish, indicating that there is limited upside potential unless the token breaks back above key resistance levels.
Also Read: XRP’s Shocking 2013 Elite Backing Revealed: Epstein Emails Give Proof
XRP Momentum Indicators Highlight Bearish Pressure
The next major level of support for XRP is close to the psychological level of $1.00. It is predicted that if it breaks below this level, further declines could be seen. On the other hand, if it tries to move above, it might see some resistance at $1.75-$1.85, and a strong supply level at $2.00.
Source: TradingView
The momentum indicators reveal that the RSI (14) is in the lower 30s, nearing the oversold region. This may cause a short-term bounce, but the absence of bullish divergence indicates that the selling momentum is still strong. The MACD is below zero, with declining lines and an increasing negative histogram.
Alt-Season Could Bring Recovery Opportunities
Notable trader Javon Marks spoke about XRP’s historical performance. He said that it went from around $0.50 to $2.47 and even touched a price above $3.30, which is a jump of 600%.
Source: X
He believes that XRP performs well during the alt-seasons and may even go above $2.47 if the market conditions are favorable. This may bring about the possibility of reaching $4.804, which is over 230% higher, while targets above $15 are still in sight.
Source: X
XRP is still in the process of a correction on the weekly chart. However, based on past performance, future trends of the alt-season, and key technical levels, there could be opportunities for a recovery.
Investors are waiting to see if XRP can break through resistance and gain enough momentum for another rally.
Also Read: XRP Eyes $1.65 Rebound in February as Ripple–Aviva Deal Boosts Sentiment