XRP has risen for two consecutive days, with the focus shifting to the White House Market Structure Bill meeting on February 10. It is expected that a consensus on stablecoin yields will boost demand. XRP ETF inflows are strong, but Bitcoin ETF funds are flowing out. In the short term of February, the outlook remains bearish, but the medium term is bullish.

XRP is consolidating within a key Fibonacci support zone, suggesting the fourth wave of its Elliott Wave structure is nearing completion. The ability to hold this support will dictate whether a bullish fifth wave can unfold or if a deeper correction will occur.

Gate News Bot Message, February 10th, according to CoinMarketCap data, as of press time, XRP (XRP Ledger) is trading at $1.45, up 1.58% in the past 24 hours, with a high of $1.63 and a low of $1.13. The 24-hour trading volume reached $3.633 billion. The current market capitalization is approximately $88.15 billion, an increase of $1.372 billion from yesterday. XRP Ledger (XRPL) is a decentralized public blockchain built for business, driven by a global community of enterprises and developers, dedicated to solving real-world problems and creating value. XRPL has proven its reliability, operating stably without failure for over ten years, offering a streamlined development experience, extremely low transaction costs, high performance, and sustainability. The platform features high performance (settling thousands of transactions within seconds), low