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A 50M Token Sell-Off Just Rocked the Market — Is More Downside Coming?

February 16, 2026
in Crypto News
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A 50M Token Sell-Off Just Rocked the Market — Is More Downside Coming?
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Author

Ahmed Balaha

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Ahmed BalahaVerified

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 

February 16, 2026

A 50M Token Sell-Off Just Rocked the Market — Is More Downside Coming?

February is putting XRP price prediction under pressure.

Over 50 million XRP hit the market in less than 12 hours, and price reacted instantly.

A heavy wave of selling on Upbit pushed XRP back below key levels, wiping out short-term momentum.

Source: Traderview

Upon that, Sentiment flipped. Prediction markets now show less than a 6% chance of XRP reclaiming $2 before March. That is not breakout positioning.

Demand is climbing. Liquidity is still thin. Even with some on-chain accumulation in the background, the short-term structure remains fragile.

Now the market is asking the only question that matters. Was that the reset, or just the beginning?

XRP Price Prediction: Can Still Do Well If You Ask Me

Despite all that panic selling and the 50M XRP dump, price is actually trying to stabilize here.

On the chart, XRP is still respecting that broader descending channel, but it just printed a sharp bounce off the $1.10–$1.30 support cluster.

Source: XRPUSD / TradingView

Now it is pushing back toward the channel resistance around $1.50. That is the key wall. If price gets rejected there, the structure stays weak, and a move back toward $1.30 is on the table again. Lose that, and $1.10 becomes a real target again.

But if bulls manage to reclaim and hold above that descending trendline, things shift quickly.

A clean break and hold above $1.50 opens the path toward $1.90, and that is where momentum could really start to rebuild.

Many whales are getting bored and have already started looking elsewhere. New coins like Maxi Doge are benefiting from that.

They Looked Elsewhere. They Found Maxi Doge.

While XRP fights descending resistance, momentum hunters are already scanning for cleaner setups. In choppy conditions, capital rarely waits. It rotates.

That is where Maxi Doge ($MAXI) comes in.

Maxi Doge is not trying to reclaim a broken channel. It is built for explosive shifts in sentiment. Clear meme identity. High-conviction positioning. Community-driven energy that thrives when larger caps stall.

Early traction is already strong. The $MAXI presale has raised around $4.6 million so far, with staking rewards offering up to 68% APY for early participants.

When majors look fragile, meme momentum often moves first. Maxi Doge is positioned exactly for that window.

Visit the Official Maxi Doge Website Here


Credit: Source link

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