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Reading: Pay Attention to That Date for Selected Cryptocurrencies Including XRP! State Assurance is Coming
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EdaFace Newsfeed > Latest News > Altcoin News > Pay Attention to That Date for Selected Cryptocurrencies Including XRP! State Assurance is Coming
Altcoin News

Pay Attention to That Date for Selected Cryptocurrencies Including XRP! State Assurance is Coming

vitalclick
Last updated: February 19, 2026 10:35 pm
13 hours ago
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Contents
Arizona’s Cryptocurrency Strategy and Legal ProcessTechnical Outlook and Critical Levels in the XRP Market

Arizona has placed itself at the center of the financial agenda with a radical step that will change the balances in the cryptocurrency world. The new bill, passed by the State Senate Finance Committee, created a wave of excitement in the markets by paving the way for XRP and other cryptocurrencies to be collected in an official strategic reserve. This initiative, approved on February 16, 2026, strengthened the region’s role in the digital economy and caused investors to once again turn their attention to the Ripple front.

Arizona’s Cryptocurrency Strategy and Legal Process

The bill, SB1649, introduced by Republican Senator Mark Finchem on February 3, 2026, aims to establish the state’s own “Cryptocurrency Strategic Reserve Fund.” This regulation, which was passed by the Finance Committee with a vote of 4 against 2, is based on the evaluation of seized or voluntarily surrendered cryptocurrencies in the state treasury. The fund shall be under the management of the state treasurer; It can be expanded to include assets such as Bitcoin, XRP and DigiByte, as well as stablecoins and NFTs with a certain value score.

To complete the legal procedures, the bill still needs to be approved by the full Senate, then passed by the House of Representatives, and finally signed by the governor. When this process is successfully completed, Arizona will not only store cryptocurrencies, but also provide additional returns to the state budget by lending these resources. The institutional armor of cryptocurrencies is seen as one of the most important factors that renew market confidence, especially on assets such as XRP.

The move in question sets a critical precedent for the integration of traditional finance methods and blockchain technology. The state government’s plan to transform these assets from a passive investment tool into an active source of income can also be a guide for other states. Market analysts predict that the corporate adaptation process of XRP will accelerate with the completion of regulatory approvals.

Technical Outlook and Critical Levels in the XRP Market

After the news was heard, the XRP price consolidated at $ 1.43, while technical indicators indicate that the market is in an unstable wait. While the Relative Strength Index (RSI) is in a neutral zone with a value of 44.73, the negative trend of -0.08 in the Chaikin Money Flow (CMF) indicator proves that the selling pressure has not been completely broken yet. Investors are waiting for a voluminous buying support to form for the bull cycle to begin.

When the price charts are examined, the $ 1.50 level stands out as a psychological and technical threshold for Ripple. If the price manages to overcome this resistance, it seems inevitable that it will accelerate towards the targets of $1.60 and $1.80 respectively. On the other hand, if the current momentum cannot be maintained, a pullback towards the $1.30 support level is possible.

While Bitcoin and Ethereum maintain their power in terms of market dominance, the recent stable stance of XRP is remarkable. Positive news from Arizona is expected to act as a catalyst to cover the weakness in technical indicators. Strengthening investor confidence will continue to be directly dependent on the success of such regulations and the flow of liquidity in the market.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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