XRP holds $1.48 as Ripple activates Permissioned DEX; technicals turn cautious — Société Générale launches euro stablecoin (EURCV) on XRPL; Franklin Templeton ETF tops $200M

first published 2026-02-18T06:10:11Z

XRP bounced ~50% from a Feb. 6 low of $1.12 to $1.67. Multiple on-chain and market signals point to $1.12 as a potential new bottom: exchange-held XRP balances are at a five-year low (12.9B XRP) with Binance reserves falling sharply; funding rates hit extreme negative levels; futures open interest declined; spot taker cumulative volume delta flipped positive; and US spot XRP ETFs have recorded cumulative inflows of $1.23B (AUM > $1.01B).

AI Analysis

Facts in the summary: XRP recovered ~50% from $1.12 to $1.67; exchange-held balances are at a five-year low (12.9B XRP) and Binance reserves dropped; funding rates reached extreme negative levels (conditions that have historically preceded short squeezes and rallies); futures open interest declined; spot taker CVD flipped positive; US spot XRP ETFs recorded cumulative inflows of $1.23B and AUM above $1.01B. These concrete on-chain, derivatives and ETF flows underpin a bullish read and create a material, short-term market signal for traders.

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