Terraform Labs administrator Todd Snyder accused Jane Street of communicating 
with the now-collapsed firm and trading on the information, hastening its 
collapse.

Terraform admin blames Jane Street alleged insider trading for collapse

Citrini said the term “Ghost GDP” could emerge from AI agents taking over 
aspects of the economy, referring to output shown in national data but not 
circulating in the “real economy.”

Citrini’s AI doom report sees software, payment stocks tumble

Binance stablecoin reserves have fallen 18.6% in three months as tightening 
Fed policy and weak inflows extended the crypto liquidity drought.

Binance stablecoin reserves have sunk 19% since November

XRP price extended losses and traded below $1.350. The price is now 
consolidating losses but faces hurdles near $1.3650 and $1.3760. XRP price 
started another decline and traded below the $1.3450 zone. The price is now 
trading below $1.350 and the 100-hourly Simple Moving Average. There is a key 
bearish trend line forming with resistance at $1.4250 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.40. XRP Price Extends Losses XRP price failed to 
stay above $1.3880 and extended its decline, like Bitcoin and Ethereum. The 
price declined below $1.3750 and $1.3650 to enter a short-term bearish zone. 
The price even extended losses below $1.3450. A low was formed at $1.3275, and 
the price is now consolidating losses below the 23.6% Fib retracement level of 
the downward move from the $1.4244 swing high to the $1.3275 low. The price is 
now trading below $1.350 and the 100-hourly Simple Moving Average. If there is 
a fresh recovery move, the price might face resistance near the $1.3650 level. 
The first major resistance is near the $1.3750 level or the 50% Fib 
retracement level of the downward move from the $1.4244 swing high to the 
$1.3275 low. The main resistance could be $1.40. A close above $1.40 could 
send the price to $1.4250. There is also a key bearish trend line forming with 
resistance at $1.4250 on the hourly chart of the XRP/USD pair. The next hurdle 
sits at $1.4450. A clear move above the $1.4450 resistance might send the 
price toward the $1.4840 resistance. Any more gains might send the price 
toward the $1.50 resistance. The next major hurdle for the bulls might be near 
$1.5150. Downside Break? If XRP fails to clear the $1.3750 resistance zone, it 
could start a fresh decline. Initial support on the downside is near the 
$1.3275 level. The next major support is near the $1.3200 level. If there is a 
downside break and a close below the $1.3200 level, the price might continue 
to decline toward $1.3050. The next major support sits near the $1.30 zone, 
below which the price could continue lower toward $1.2840. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now below the 50 level. Major Support Levels – $1.3275 and $1.3200. Major 
Resistance Levels – $1.3650 and $1.3750.

XRP Price Tests Crucial Floor, Bearish Bias Strengthens Further

A sharp drop in XRP has rattled short-term holders, but some onlookers warn 
the sell-off may be setting a base for a much larger rebound. Reports say the 
token slid hard after peaking last year, and a mix of on-chain metrics and 
chart patterns has traders weighing whether this is panic or opportunity. 
Related Reading: Bitcoin Buying Spree Nears Century Mark, Saylor Hints Deep 
Losses And A Familiar Pattern According to price data, XRP fell from a high 
near $3.65 to roughly $1.38, a move that wiped out a large chunk of recent 
gains and produced a 60% pullback from the July peak. Traders watched as 
realized losses spiked, with roughly $1.90 billion recorded over one week — a 
level that matches past capitulation events. When big losses pile up in a 
short span, selling pressure can be exhausted and the market is often left 
with fewer weak hands. Reports note that the token is approaching a higher- 
time-frame demand area between $0.85 and $0.65, a zone that acted as 
resistance before the rally in late 2024. In prior cycles, that same area 
turned into a multi-year accumulation range where long-term buyers stepped in. 
$XRP Crashed 69% And Everyone Is Panicking: Last Time This Happened It Pumped 
835%#XRP Is Trading Around $1.39 After Breaking Down From $2 Support Zone. 
Currently Retesting The HTF Demand Level Which Previously Acted As Multi-Year 
Accumulation Zone Upper Boundary. Already… pic.twitter.com/ZVKY1nwLD4 — Crypto 
Patel (@CryptoPatel) February 22, 2026 From Panic To Jubilation Analyst Crypto 
Patel has highlighted those historical signals on social feeds, arguing the 
setup looks familiar and may not be permanent panic. He warned that XRP has 
dropped 69% and panic is spreading, but the last time it fell this much, it 
surged 835%. Bitcoin Moves Provide Context Across the broader market, 
Bitcoin’s swings have been a backdrop to altcoin pain. Recent sessions saw BTC 
shift from the high $66,000s down toward the mid-$60,000s, and that kind of 
volatility tends to drag other coins along. When BTC retreats, altcoins often 
fall harder, and XRP was no exception. The interplay between Bitcoin’s price 
action and altcoin flows is a practical reminder that macro moves still matter 
even when token-specific stories dominate headlines. Reports have recorded 
quick selling from short-term holders after price broke below $2, a 
psychological level many treated as support. That drop accelerated the move to 
near $1.11 in early February, which represented close to 70% drawdown from the 
cycle top. Related Reading: XRP Flashes Rare On-Chain Signal That Once 
Preceded 114% Gains What Traders Are Watching Next A slice of the market 
exited positions in frustration. Those exits show up cleanly on-chain as 
realized losses, which can mark the final wave of sellers before stability 
returns. From a technical view, staying above the lower bound of the $0.65 to 
$0.85 band on longer timeframes would be taken as constructive by many. If 
that holds, a phased recovery could bring prior resistance levels back into 
play — around $2, then $3, and beyond. Featured image from Gemini, chart from 
TradingView

Cryptocurrency price in MXN