XRP News Summary - February 24, 2026

Author: Bob Mason

Published: February 24, 2026, 01:00 GMT+00:00

Key Points

• US tariffs and AI disruption fears have triggered a significant selloff in the crypto market, pushing XRP to a three-week low.
• Despite heavy BTC-spot ETF outflows of $2.6 billion year-to-date, XRP-spot ETF inflows have provided some support.
• The medium-term outlook for XRP remains constructive, with price targets of $2.0 to $3.0.

Market Overview

On February 23, concerns over AI advancements led to a risk-off sentiment, causing the Nasdaq Composite Index to close down 1.13%. This was compounded by a delayed market reaction to a US Supreme Court ruling regarding President Trump's tariffs, which added to the negative sentiment in the market.

Impact of AI Disruption

Reports of AI disruption have raised fears about the future earnings of tech companies, leading to a decline in tech stocks. Notably, IBM's stock fell 11.8% after a competitor announced advancements that could threaten its profit sources. Bitcoin's performance mirrored that of US indexes, further dragging down XRP and the broader crypto market.

Tariff Policies and Their Effects

Following the Supreme Court ruling, President Trump imposed a 10% tariff on all trading partners, which he later increased to 15%. His aggressive stance towards countries that might challenge the ruling has made the crypto market particularly sensitive to tariff policies, reminiscent of a previous incident that caused XRP to plummet significantly.

XRP Price Forecast

Despite a 26.4% drop year-to-date, the medium-term outlook for XRP is bullish, with targets set at $2.0 in the next 4-8 weeks and $3.0 in the longer term. However, short-term forecasts remain cautious, with a target of $1.0 due to bearish trends.

Key Risks

Several factors could undermine the bullish outlook, including:

• Escalation of US-Iran conflicts.
• Negative US economic indicators affecting Fed rate cut expectations.
• Delays in passing the Market Structure Bill.
• Extended periods of XRP-spot ETF outflows.

Technical Analysis

XRP closed at $1.3522 after a 2.95% drop, remaining below its 50-day and 200-day EMAs, indicating a bearish bias. Key levels to watch include:

• Support: $1.0 and $0.7773.
• Resistance: $1.5, $2.0, $2.5, and $3.0.

Conclusion

Looking ahead, geopolitical tensions, US economic data, and regulatory developments will significantly influence XRP's price. A more dovish Fed and favorable ETF flows could support a medium-term rise to $2.0, while the passage of the Market Structure Bill could bolster the longer-term target of $3.0.