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XRP Holds Sideways Range After Sell-Off as Weak Bounce Signals Correction

by TokenaltcoinFebruary 13, 202600



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XRP’s price action on February 13, 2026 drew attention after expert More Crypto Online pointed out that the asset reacted sharply to a micro resistance zone. The update suggested XRP may attempt a move toward the $1.26 to $1.31 range next, but the structure remains fragile.

Looking at the 30-minute chart for XRP/USD, the beginning of the day saw a large and rapid sell-off. This is probably the end of a larger downward movement.

After the sell-off, the token saw a rapid recovery. However, the recovery did not lead to sustained positive momentum. Rather, the price saw a sideways to downward movement.

Source: X

Such a converging pattern is generally indicative of a correction and not a new breakout. There is no serious attempt at moving upwards, and the bears are still in control of the market.

Fibonacci Levels Highlight Weak Buying Pressure

From a Fibonacci perspective, the token correction is about to touch some significant levels. The price is about to reach the 38.2% retracement level, which has been a fast resistance level. Every time the price bounced, it was at this level where the buyers seemed to struggle to gain control.

Above this level, the significant resistance is between the 50% and 61.8% retracement levels. This area has strong selling pressure. If the token continues to face rejection at this point, it would further strengthen the notion that the bounce is just a correction.

On the flip side, the demand zones are forming below the current market price. The deeper Fibonacci levels, such as 61.8% and 78.6%, are likely to attract the price during a correction.

If the token breaks below its current sideways market, funds may flow into the demand zone. A strong bounce at this point will maintain the pattern, while a breakdown may expose lower swing lows.

XRP Weekly Chart Keeps the 2017 Pattern in Focus

Expert Galaxy pointed out that the long-term pattern of XRP from 2017 could still be in play. Back in those days, the price touched an important green trend line once again before rising sharply, although this time around it was a lot slower.

The weekly chart of XRP/USD illustrates the long-term move from accumulation to breakout. During the period from 2014 to 2017, XRP was trading within a falling resistance line, indicating constant selling pressure. The breakout in 2017 was a major shift in the structure, causing a strong rise.

Source: X

After the surge, XRP then spent years going sideways under a new long-term trend line that started from the 2018 high. During the period from 2019 to 2023, the price made higher lows, indicating slow buying activity below the resistance area.

The recent breakout above the long trend line, in the 2024-2026 period, is significant. XRP went up to the $3.00-$3.50 area before settling down at $3.30-$3.40. If this former resistance area holds as support, XRP may target higher levels in the future.

Read More: XRP Crashes Below Realized Price As Bears Take Control



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