Ripple's XRP token exhibited early signs of recovery on Thursday, February 12, 2026, rallying 1.9% over 24 hours and gaining 2.4% from the previous week, according to CoinGecko data. The cryptocurrency has stabilized around the $1.40 price level following a drop to $1.16 on February 6, 2026, prompting speculation about whether it is poised for a breakout and capable of reclaiming $1.70 in the coming week.
While the recent uptick provided some respite for investors, it may not yet indicate a full trend reversal. The broader cryptocurrency market remains fragile, with participants shying away from high-risk assets like XRP amid ongoing concerns over liquidity shortages that could spark renewed volatility at any moment.
CoinCodex analysts predict that XRP's price will fluctuate between approximately $1.50 and $1.37 in the near term before reaching $1.66 by May 2, 2026. The platform does not foresee XRP hitting $1.70 in the immediate future.
Should XRP surpass the $1.66 resistance level, it could surge toward $1.90, potentially reigniting investor confidence and propelling the token above $2. Analysts note that while a short-term price breakout is possible in the days ahead, a sustained bullish trajectory is unlikely given the crypto market's incomplete recovery and persistent investor caution toward risky assets.
Adding to XRP's fundamentals, several spot exchange-traded funds (ETFs) for the token launched in late 2025. Heightened ETF inflows could significantly lift XRP's price in the future.
Goldman Sachs recently disclosed holdings of $153 million in XRP, primarily through ETF exposure, underscoring growing institutional interest in the asset despite current market headwinds.