Core Insights - XRP is experiencing downward pressure, with a nearly 7% decline in the past 24 hours and about 5% over the past month, indicating market weakness [1] - Historically, February has been challenging for XRP, with a median return of -8.12% and an average decline of -5% [1] - Technical indicators suggest a bearish trend, with XRP trading within a long-term descending channel, which has historically capped rallies and pushed prices lower [3] Technical Analysis - The current price action shows XRP forming a lower high while the Relative Strength Index (RSI) indicates a higher high, signaling hidden bearish divergence, which often precedes a price correction [5][6] - A new setup is emerging where XRP is printing a lower low while the RSI attempts to form a higher low, indicating potential bullish divergence that could signal trend exhaustion [6] - For a bullish confirmation, XRP needs to close above $1.71 and the RSI must remain above 32.83 to weaken downside momentum [7] Market Sentiment - Despite the price decline, there are mixed signals in capital flow data, suggesting that selective accumulation and early momentum indicators may hint at a possible recovery [2][8] - Seasonal patterns are still relevant but are not the sole drivers of price movement, with ETF flows being highlighted as more reliable indicators [4]
What to Expect From XRP Price in February 2026
Yahoo Finance·2026-01-30 17:20