13 February 2026
Recently has XRP failed to maintain the all-important $500 million mark in payment volume, a crucial on-chain indicator that has long served as a benchmark for activity and sentiment within XRP Ledger. On May 17, XRP transaction traffic dropped to $490 million, indicating a significant decrease in network activity. This could be a signal of waning momentum or simply a short-term consolidation.
After a moderate correction, XRP is showing some resilience, currently trading at around $2,38. The 26-day Exponential Moving Average (EMA) is now acting as both a potential support zone and the next battleground for trend continuation. This poses a significant technical challenge for the asset.
When assessing momentum, this short-term EMA is of great importance; a recovery from this point could provide XRP traders with enough traction to revisit the previous highs around $2,60. Recently, XRP has broken out of a descending wedge pattern, which is typically seen as a bullish signal. While there was a respectable level of volume during this breakout, the follow-through has been disappointing, especially as volume has diminished and price has remained unchanged.
Unless momentum recovers quickly, this divergence raises questions about a potential false breakout. Support is currently between $2,30 and $2,15, which corresponds to both EMA breaks and previous price congestion. A clear recovery above the 26 EMA at $2,31 could be favorable and pave the way for further upside.
On the other hand, if this support breaks, XRP could fall back towards $2,00, where the 100 EMA provides stronger support. The current price wait-and-see attitude and the drop in network volume indicate that XRP is in a transition phase. It is essential for the price to interact with the 26 EMA and for the on-chain volume to rise above $500 million again. These are the key indicators that will determine whether we are dealing with a deeper pullback or a new clue for the next upward move.
Regaining volume leadership and holding support above $2,30 are the two technical predictors that will determine XRP’s short-term future picture. Without these conditions, the bullish case will quickly fade away.
What are the key support and resistance levels for XRP?
The main support is located between $2,30 and $2,15, while resistance is found near the previous highs near $2,60.
Why is the 26-day EMA important?
The 26-day EMA acts as a crucial technical indicator that can help determine price trends and potential recoveries.
What does a drop below $500 million in volume mean for XRP?
A drop below $500 million could indicate a decline in interest and activity, posing risks to further price developments.
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