XRP Price Holds $1.40 Support as Parallel Channel Structure Remains Intact

CryptoNewsLand
XRP-0.07%
BTC-1.44%
  • XRP is trading at $1.41 and is above the $1.40 support yet in a long-term parallel channel.

  • The price action remains in the different range of $1.40-$1.46 and indicates a strong adherence to the established technical levels.

  • The following upside reference is found close to the mark of $1.46 and the downside risk will only be evident once $1.40 will fail.

XRP remains trading in a well-defined technical context with price behaviour being limited by a long-standing parallel channel. After the breakdown of the all-time high, the asset has followed this structure so strictly that the recent movements remained technically contained.

It is interesting to note that price is hovering around local support and immediate attention is given on whether the channel would be maintained in the present session. This positioning implies that current price action takes place within the frames of evidently visible boundaries, opposed to more expansive market discourses.

XRP Holds Near Channel Support as Price Stabilizes

At the time of writing, XRP was trading at $1.41, reflecting a 0.9% daily increase. But price is just above the support at 1.40 that has determined the recent limits in the downside. It is worth mentioning that this region coincides with the lower part of the parallel channel, which supports its technical importance. With price consolidating around this area, volatility is compressed, which keeps movements in an orderly manner as opposed to being erratic.

The 24-hour range further confirms this behavior, with price contained between $1.40 and $1.46. Moreover, the lack of deviation outside this band shows continued respect for established levels. As this structure holds, market participants continue to reference channel boundaries rather than chasing short-term fluctuations. This sets the stage for potential interaction with higher channel levels if support remains firm.

Consolidation Near Support Sets Stage for Sequential Resistance Tests

With price stabilizing near support, attention naturally shifts toward the channel’s midline and upper resistance. The $1.46 resistance level currently caps upside attempts within the 24-hour range. Notably, this level overlaps with the channel’s internal resistance, strengthening its technical importance. Any move toward this zone would remain consistent with prior channel behavior.

$XRP: Respect The Structure! ✔️

Since the breakdown from its ATH, $XRP is respecting this parallel channel. If it stays intact, and based off hovering around local support, then the midline of the channel/ channel resistance is the next technical reaching point

Ignore noise. pic.twitter.com/FETV7oqRCE

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) February 10, 2026

However, price must first sustain above $1.40 to maintain structural integrity. A failure to hold this level would place XRP back toward the channel’s lower boundary. In the meantime, even further consolidation above the support maintains the midline as the next available technical reference. This sequence shows the way in which every tier is linked up in the greater whole.

XRP Holds Structure Across Pairs as Key Levels Define Today’s Outlook

XRP is trading against Bitcoin at 0.00002048 BTC, which is a 0.2 percent gain. This modest change mirrors the controlled price behavior seen on the USD pair. Notably, neither pair shows signs of structural deviation, keeping analysis centered on defined levels rather than momentum shifts.

If bullish conditions persist today, price could test the $1.46 resistance, aligning with the channel’s midline trajectory. Conversely, under bearish pressure, a break below $1.40 would expose lower channel support within the same structure. Both scenarios remain anchored to existing levels, keeping today’s outlook strictly level-driven rather than speculative.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Stalls Near $1.41 as Trading Range Narrows Between Key Levels

XRP was traded at $1.41 with a decline of 2.0% on a daily basis and converged between strong buy and sell aids. Short-term consolidation was adhered to as price action remained trapped between support and resistance at $1.42 and $1.46 respectively. Downside structure consists of

CryptoNewsLand4h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)