XRP News Summary: Market Structure Bill Optimism Fuels Rebound
Published: February 21, 2026
Author: Bob Mason
Key Highlights
- XRP rebounds as optimism surrounding the Market Structure Bill offsets negative economic data.
- Ripple CEO predicts a 90% chance of the CLARITY Act passing, boosting medium-term XRP projections.
- Increased demand for XRP-spot ETFs supports bullish price targets of $2.5 and $3.0.
Market Overview
XRP has ended a three-day losing streak, driven by renewed optimism regarding crypto-friendly legislation expected to be enacted by spring. Despite a rise in the US Core PCE Price Index, which dampened expectations for a Federal Reserve rate cut, the sentiment shifted positively due to legislative developments.
Economic Indicators Impacting XRP
On February 20, the US Core PCE Price Index rose to 3.0% year-on-year, up from 2.8% in November, while personal income and spending showed modest increases. These figures contributed to a decrease in the likelihood of a June Fed rate cut, which had previously supported XRP prices.
Legislative Developments
Optimism surrounding the Market Structure Bill has significantly influenced XRP demand. Ripple's CEO, Brad Garlinghouse, expressed confidence in the bill's passage, which could provide clearer regulations for the digital asset space. The White House has set a deadline for agreement on stablecoin yields, further fueling positive sentiment.
XRP Price Forecast
Despite a 13.5% decline in February, the medium-term outlook for XRP remains bullish, with targets set at $2.5 in 4-8 weeks and $3.0 in 8-12 weeks. However, short-term projections remain cautious, with a target of $1.0 due to recent bearish trends.
Risks to the Outlook
Several factors could challenge the bullish outlook, including geopolitical tensions, economic data affecting Fed rate cut expectations, and potential delays in the Market Structure Bill. Additionally, fluctuations in XRP-spot ETF flows could impact market sentiment.
Technical Analysis
XRP's recent performance shows a rebound to $1.4290, but it remains below key moving averages, indicating a bearish bias. Key levels to watch include support at $1.0 and resistance at $1.5, with a breakout above $1.50 signaling a potential trend reversal.
Conclusion
Looking ahead, XRP's price will be influenced by legislative progress, economic indicators, and geopolitical developments. A successful passage of the Market Structure Bill could lead to significant price increases, with a longer-term target of $3.0 and potential for reaching all-time highs if bullish momentum continues.