Points of Focus  

• XRP approaches $1.40 psychological and technical support after failing to break $1.50 resistance.  
• Oversold RSI with bullish divergence signals potential exhaustion of sellers.  
• Broader risk-off sentiment and bearish EMA stack keep downward pressure intact.

XRP continues to drift lower toward $1.40 support as wider industry risk appetite fades, with the token trading around $1.41 at the time of writing on February 20, 2026. On the daily chart, price is approaching a confluence of the psychological $1.40 level, a prior swing low from early February 2026, and the lower boundary of a descending channel formed since late 2025. 

Technical analysis of XRP decline

The 50-day EMA (~$1.70), 100-day EMA (~$1.91), and 200-day EMA (~$2.12) all slope lower and remain well above price, maintaining a strong bearish bias. RSI sits at 38 below the midline, approaching oversold territory, with early bullish divergence emerging as price makes lower lows but the oscillator forms higher lows, suggesting weakening bear momentum. 

MACD shows the line holding above the signal line, but the histogram is contracting modestly above zero, showing signs of a fragile momentum. 

Furthermore, Parabolic SAR trails price at $1.25, offering tentative support if $1.40 fails. A close above the descending trend line from the $3.66 all-time high (~$2.09) would be required to shift the outlook; otherwise, a break below $1.40 could extend the downtrend toward the October 10, 2025 low at $1.25.

Generale-FORGE launches EUR CoinVertible

This is coming on the back of Societe Generale-FORGE (SG-FORGE) launch of EUR CoinVertible (EURCV) on the XRP Ledger. SG-FORGE emphasized that integrating EUR CoinVertible with the XRP Ledger was driven by the desire to boost adoption while capitalizing on XRPL’s core strengths:

1. High scalability
2. Extremely low transaction costs
3. Robust security.
4. True decentralization. 

The rollout is further enabled by Ripple’s custody infrastructure and opens the door to future innovations, such as combining EUR CoinVertible with both current and upcoming Ripple offerings to expand use cases. 

EUR CoinVertible can also be accessed on both Ripple (XRP) and Ethereum (ETH) blockchains. 

The move backs XRPL’s appeal for compliant stablecoins and Ripple custody solutions, yet risk-off sentiment, hawkish FOMC minutes, and geopolitical tensions continue to dominate the news, with XRP spot ETFs recording $2.2 million in outflows on 18th, February 2026.