What is driving XRP price today?

XRP price today reflects a 7% drop amid broader altcoin weakness and caution around regulation and Ripple ecosystem headlines. Technicals matter too. Traders are watching whether price holds key Fibonacci support areas, especially the 38.2% and 50% retracements, and whether any bounce closes strong on the daily chart.

Which Fibonacci levels are most important right now?

We track the 38.2% and 50% retracements as first supports, then the 61.8% as a final line before reassessing trend. These levels help define entries, stops, and invalidation. If price closes back above early supports with improving volume, momentum odds increase. A decisive close below 61.8% reduces long exposure.

How should German investors size positions after a 7% XRP price drop?

Use smaller tickets and percent-based stops to keep risk consistent. Target 0.5% to 1% of portfolio equity per trade, sized in euro. Wait for confirmation, such as a reclaim of the prior day’s high or a strong daily close off Fibonacci support, before scaling in. Avoid averaging down below invalidation.

Do Ripple and RLUSD news change the XRP technical analysis?

Narratives can spark volatility, but we still want price confirmation. Track major dates and headlines, then check the close relative to your levels. If news drives a reclaim above support with solid volume, we may add. If price fades quickly, we stay patient and stick to the invalidation plan.

Global Market Insights

XRP Today: February 23 — 7% Slide Tests Key Fibonacci Support

ByDanny Kontos February 23, 2026

XRP price today is under pressure after a 7% slide, testing a cluster of Fibonacci support levels. XRP (XRPUSD) is still down about 30% over the past month, keeping sentiment mixed across German desks. We see traders balancing XRP technical analysis with headlines on regulation and Ripple’s RLUSD plans. In this note, we outline the setup, what matters for EUR-based portfolios, and practical levels to watch without relying on live quotes.