Why did XRP USD drop 1.16% today despite Goldman Sachs buying?

Institutional accumulation often occurs during weakness as large players position for long-term gains. The daily decline reflects short-term profit-taking and retail selling, not rejection of XRP USD fundamentals. Goldman Sachs' $152 million position suggests the bank views current prices as attractive entry points for future appreciation.

What does the RSI at 66.74 mean for XRP USD price?

RSI at 66.74 indicates strong momentum but approaching overbought territory (above 70). This suggests selling pressure may ease soon, potentially supporting XRP USD recovery. However, overbought conditions can also precede pullbacks, so traders should watch for confirmation from other indicators like MACD.

Is the $1.24 monthly forecast realistic for XRP USD?

The $1.24 target represents a 13.6% decline from current levels and aligns with previous support zones. This level could attract institutional buyers and provide a floor for XRP USD price. However, forecasts depend on market conditions and regulatory developments that could change rapidly.

What's the significance of Goldman Sachs' $152M XRP position?

Goldman Sachs' disclosure signals institutional confidence in XRP USD's long-term value despite near-term weakness. The position sits within a $1+ billion crypto portfolio, indicating the bank views XRP as a core holding. This institutional backing often precedes price recovery as large players accumulate during downturns.

Where is the next resistance level for XRP USD?

The 50-day moving average at $1.87 represents the first resistance, followed by the upper Bollinger Band at $2.17. Breaking above $1.87 would signal renewed momentum and potentially attract additional institutional capital to XRP USD.

Crypto Insights

XRP USD Down 1.16% Daily—Goldman Sachs $152M Stake Signals Institutional Interest

ByHuzaifa Zahoor February 12, 2026February 12, 2026

XRP USD is trading at $1.4363 as of February 12, 2026, down 1.16% over the past day despite broader market momentum. The cryptocurrency faces significant headwinds from a 33.36% monthly decline, yet recent institutional activity tells a different story. Goldman Sachs disclosed a $152 million XRP position, signaling that major financial players see value at current levels. This institutional backing contrasts sharply with retail sentiment, creating an interesting dynamic for traders watching XRP USD price movements. Understanding what’s driving these conflicting signals requires examining both technical indicators and market structure.