On February 9, analyst DavidTheBuilder said a decisive break above $2.70–$3 could flip XRP’s structure, opening room toward $5 and possibly $7. At press time, XRP traded at $1.43, up 1% daily but down over 11% weekly, while still below its 50-day ($1.89) and 200-day ($2.40) moving averages.

On February 9, analyst Ali Martinez highlighted that the Bitcoin price is approaching the −1.0 MVRV Pricing Band, a zone that has aligned with cycle lows in past downturns. The −1.0 line is around $52,040, while Bitcoin traded near $69,279 after a 2.6% daily drop and a 12% weekly decline. Previous cycles in 2015, 2018, and 2022 reached similar areas before multi‑month rebounds.

In 2026, prediction markets suggest XRP has a relatively low probability of setting a fresh all‑time high, with confidence only modestly improving in the second half of the year. Implied odds for key dates such as March 31, June 30, September 30, and December 31, 2026 remain subdued, even after recent market repricing. XRP is currently trading below major moving averages after a sharp weekly decline, underscoring a broadly bearish technical backdrop despite occasional rebounds.

During a week of sharp cryptocurrency market losses, on-chain data shows newly created whale wallets withdrawing roughly 3,500 BTC and 30,000 ETH from Binance. These large outflows, recorded on February 8, 2026, coincide with Bitcoin recovering toward $71,000 and Ethereum trading above $2,000, hinting at renewed accumulation by large holders. The concentration of assets in self-custody wallets is reducing exchange reserves and may be contributing to stabilizing prices after the recent capitulation.

According to the Ethereum Rainbow Chart's February 28, 2026 reading, ETH's potential range spans roughly $1,011 to $22,767 across color-coded valuation bands. As of press time, Ethereum traded at $2,009, up over 4% in 24 hours but down more than 13% on the week. With price near $2,000 on February 8, the token sits in the "Accumulate" band.

On February 7, Bloomberg Intelligence's Mike McGlone warned on X that Bitcoin's move below $70,000 points to mean reversion toward a heavily traded $64,000 area. He flagged $64,000 as a key support level based on repeated tests and concentrated volume. BTC was at $69,464, up ~2% over 24 hours but roughly -11% on the week.

Between February 2 and February 6, 2026, BlackRock's spot Bitcoin and Ethereum ETFs recorded a combined net outflow of about $343.3 million amid heightened crypto market volatility. Over the same period, its IBIT Bitcoin fund lost roughly $191.3 million, while the ETHA Ethereum product saw around $152 million in redemptions as Bitcoin fell below $65,000 and Ethereum struggled to stay above $2,000.

Prediction markets indicate Bitcoin is most likely to end February 2026 near $75,000, with a 54% implied probability and a tilt toward consolidation rather than a breakout. Downside paths to $60,000 and $55,000 are priced at 42% and 23%, while outcomes above $100,000 carry single-digit odds. After a sharp sell-off and a rebound above $70,000, BTC recently traded around $68,314.

XRP rebounded over the past 24 hours, with its market capitalization rising from $77.86 billion to $89.14 billion as more than $11 billion flowed back into the token. During the same period, XRP climbed to around $1.46 after briefly dropping below $1.15, while on-chain data indicated heightened whale transactions and a spike in active addresses.