XRP gains institutional backing via ETFs, yet price teeters near key Fib support | Credit: Hameem Sarwar
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Key Takeaways
Goldman Sachs disclosed roughly $153 million in XRP-linked ETF exposure, boosting sentiment.
Weekly price structure remains bearish, with lower highs and a MACD bearish crossover.
The $1.14 Fibonacci level is critical support, and a breakdown could open the door toward $0.50.
XRP’s price is caught in a high-stakes standoff between institutional validation and its fragile state.
On one side, a major disclosure from Goldman Sachs has strengthened the long-term narrative.
On the other hand, the price action is teetering on support, with charts warning that optimism alone may not be enough.
Here is everything you need to know about the XRP price.
Goldman Sachs’ $153M Signal May Not Be Enough
On Feb. 8, the Weighted Sentiment around XRP was negative. But today, that has changed, as on-chain data from Santiment shows the reading has jumped into the positive region.
Despite that, XRP’s price is down 32% over the past 30 days. Typically, rising bullish sentiment and declining prices signal a buy.
But from the look of things and the current bear market, it might not be the case for XRP.
The bank revealed approximately $153 million in XRP-linked exposure, primarily through regulated spot ETFs such as Bitwise, Grayscale, and 21Shares products.
This wasn’t an isolated move. Within a broader $2.36 billion digital asset portfolio, Goldman reportedly trimmed Bitcoin’s exposure by roughly 40% while building new positions in XRP and Solana.
For institutions, the importance isn’t just size, it’s structure.
Exposure via regulated ETFs gives XRP a layer of regulatory legitimacy that may lower the barrier to entry for other tier-1 allocators in 2026.
But filings reflect past positioning. Price trades the present. As such, market participants might need to lower their expectations about a notable price recovery.
As it stands, the altcoin has been printing lower highs and lower lows, with each bounce failing to hold prior Fibonacci retracement levels.
The recent rejection below the 0.382 level around $1.62 reinforces that sellers remain in control.
Furthermore, the Moving Average Convergence Divergence (MACD) has completed a bearish crossover.
At the same time, the Relative Strength Index (RSI) is trending downward, reflecting sustained bearish pressure, with no strong bullish divergence yet.
The 0.236 Fibonacci level around $1.14 is the next key technical area to watch.
A weekly close below that level would likely accelerate downside toward the psychological $1 region and potentially the deeper structural support around $0.50.
The measured drawdown projection on the chart also suggests a full retracement remains technically possible if broader market conditions deteriorate.
If that is the case, then XRP’s price might break below the support at $1.14. In that scenario, it could slide to $0.50.
Ripple leadership is expected to outline 2026 initiatives, including Zero-Knowledge integrations and Confidential Multi-Purpose Tokens on the XRPL.
If these upgrades successfully position XRP as a compliant institutional DeFi rail, the Goldman disclosure could evolve from symbolic endorsement into a sustained capital rotation narrative.
If not, the market may treat it as another headline unable to override macro headwinds.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
