Ripple CEO Cites Buffett's Philosophy as XRP Faces Volatility

XRP has remained under pressure as of 2026-02-07, with mixed flows into spot ETFs and broader market corrections. The altcoin struggled to hold above the $1.60 level, a key support zone, while institutional investors showed uneven interest.

Ripple's token has seen some inflows into its ETFs, including a $19.46 million addition in early February. These inflows came after a large single-day outflow of nearly $93 million on February 5. However, this positive movement has not translated into significant price recovery.

On the institutional front, Bank of America added shares of a Volatility Shares XRP ETF to its portfolio, with a value of around $224,640. The bank reportedly owns 13,000 shares of the fund, though no official confirmation from the bank has been provided.

Why Did XRP Face Pressure in February 2026?

XRP dropped to a multi-month low in early February 2026, reaching $1.52, the lowest since December 2024. This decline was part of a broader market correction triggered by geopolitical tensions in the Middle East and a shift in investor sentiment.

The XRP ETFs have shown signs of both strength and fragility. On February 5, the ETFs recorded a net inflow of $17 million after a sharp outflow the previous day. The cumulative inflow for XRP ETFs now stands at $1.18 billion, with assets under management at $1.11 billion.

How Did the XRP Market React to ETF Movements and Institutional Interest?

Market reaction to XRP ETF inflows has been muted. As of February 7, XRP was trading at $1.60, showing little movement despite the ETF inflow. Analysts suggest that while ETFs are attracting capital, the broader market remains cautious.

Retail interest in XRP has also weakened. Open Interest (OI) in XRP futures fell to $2.81 billion on February 7 from $2.97 billion the previous day. This decline indicates that investors are reducing their exposure to the asset.

What Are Analysts Watching for XRP in the Coming Weeks?

Technical indicators suggest a bearish outlook for XRP. The RSI is at 28.6, in the oversold range, but this condition has not yet triggered a significant rebound. A close below $1.60 could signal further downward movement, with the next key support level at $1.50.

The MACD indicator on the daily chart remains below its signal line, and red histogram bars continue to expand. These readings confirm that bears are in control. A reversal above $1.66 would be a key level to watch for potential bullish momentum.

XRP's market capitalization briefly fell below $97 billion during the February selloff, highlighting the fragility of investor confidence. The broader altcoin market also experienced a correction, with many tokens losing between 10% and 20% in value. This decline was part of a broader market correction.

Ripple's CEO has taken a long-term view, citing Warren Buffett's philosophy of "being greedy when others fear." This stance reflects a belief in XRP's long-term value despite current volatility. This view was reported in market analysis.

For now, XRP remains in a consolidation phase, with market watchers closely observing both institutional and retail sentiment. The coming days could provide clarity on whether the current correction is a temporary pause or the start of a deeper bearish trend.