The sharp XRP pump you’re seeing on your screen today, February 6, 2026, is primarily a high-volume relief rally following a brutal multi-day crash that saw the price plummet from over $2.40 to a low of $1.11. This 14–19% spike is being driven by "dip-buying" at critical psychological support levels, as institutional demand through the recently approved Spot XRP ETFs stepped in to absorb the sell-side pressure from liquidated retail positions. While the broader market sentiment remains cautious due to macroeconomic uncertainty and a strong US dollar, the "V-shape" recovery shown by that long lower wick suggests that big players view the $1.10–$1.20 range as a major accumulation zone, triggering a massive wave of short-covering and speculative buying.$XRP #MarketCorrection #RiskAssetsMarketShock