New York, Feb 10, 2026, 10:09 EST — Regular session
- XRP slipped roughly 2.7%, trading close to $1.40 early this morning.
- Crypto remains under pressure. Bitcoin trades close to $69,000, with ether hovering near $2,000.
- ETF flows are drawing traders’ attention, with Ripple’s community event set for Feb. 11-12 also on their radar.
XRP fell roughly 2.7% to $1.4009 on Tuesday, drifting closer to the $1.40 mark after a rough patch for digital assets. The token previously closed at $1.44, Google Finance data showed at 10:07 a.m. EST. 1
Right now, $1.40 is shaping up as a crucial level. Should it break, some traders expect February’s slide could deepen.
Caution lingers, despite some institutional flows surfacing here and there. Most positioning is still geared for the short haul, with nerves in the market keeping things twitchy.
Crypto’s total market cap has dropped close to 10% this month, now sitting at about $2.4 trillion, according to FXStreet. Bitcoin is hovering near $69,000, with ether steady around $2,000. U.S.-listed XRP spot ETFs attracted $6.3 million in new money on Monday, pushing total inflows up to $1.23 billion, while net assets under management reached $1.04 billion, SoSoValue data in the report showed. 2
IG’s Axel Rudolph flagged a shift for XRP, now stuck in a quiet, low-volatility trading band following its recent sharp drop. Leverage shakeouts and wider macro concerns are holding any upside in check, he noted. Monday’s $1.3724 low stands out as a critical support, and unless XRP can push past its Feb. 6 high near $1.5406, he sees the market bias staying bearish. 3
Some strategists are starting to say the big move down in crypto could be running out of steam. “Much of the bear market pullback is already in the rear-view mirror,” Cantor analyst Brett Knoblauch told Barron’s, according to their report. 4
Ripple, still firmly attached to its namesake token, is back in the spotlight. On Monday, it announced fresh partnerships with Securosys and Figment, aiming to beef up its Ripple Custody platform by introducing hardware-security-module integration and new staking services tailored for regulated players. “Institutions require absolute confidence in how cryptographic keys are secured,” Securosys CEO Robert Rogenmoser said. Ripple’s product chief, Aaron Slettehaugh, added: “Institutions need cohesive systems in order to make the most of digital asset capabilities.” 5
Ripple is putting the XRP Ledger front and center with its upcoming “XRP Community Day,” scheduled for Feb. 11-12 on X Spaces. The agenda features talks on regulated products, ETFs, “wrapped” XRP—which lets the token move onto other chains—and DeFi, the world of bankless crypto lending and trading. CEO Brad Garlinghouse and President Monica Long are both slated to attend. 6
XRP never stops trading—unlike stocks—and lately, it’s been acting like a high-beta risk asset, showing wilder moves than bitcoin whenever market sentiment shifts.
This is the risk: a sudden push to reduce leverage, or a bigger selloff across risk assets, drags XRP below $1.40, flipping support into resistance. Not even ETF inflows would shield the token from the possibility of a deeper slide.
Now, traders are eyeing Ripple’s event for any solid news—product launches, new partnerships, anything material. All eyes are also on whether the ETF flow streak keeps up in the coming sessions. Right now, most desks have $1.40 as the key level to watch.
