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XRP Sees Korean Re-Accumulation as Technical Setups Reappear and Institutions Shift Positions

Reports show South Korean desks quietly rebuilding XRP positions while technical analysts flag a repeat breakout pattern and institutional flows diverge amid lowered bank forecasts.

Feb 16, 20269:26 PMNewsroom AI

Bitcoinist reports renewed buying interest in XRP among South Korean trading desks, describing a quiet re-accumulation as traders build positions after recent bearish performance [1].

Technical commentary from NewsBTC notes a historic XRP/BTC breakout level has reappeared; an analyst highlighted that the last breach of this resistance preceded a rapid, roughly 40% price expansion, a pattern now under close watch [2].

On the institutional side, Coingape says XRP has topped BTC and ETH in recent institutional flows even as Standard Chartered downgraded its 2026 year-end target for XRP to $2.80, a move reported by Coinpaper and Coinpedia [4][3][5].

Taken together, the reports describe a mixed market picture: on-the-ground accumulation and a reemergent technical setup coexist with cautious institutional forecasts, leaving near-term direction dependent on how these forces interact [1][2][3][4][5].

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