Ripple’s XRP Plunged to 14-Month Low: What’s Good, What’s Bad, and What’s Next
Saturday introduced untypical volatility within the cryptocurrency markets, which, this time, was favorable for the bears as all digital belongings turned purple with substantial every day losses.
Ripple’s XRP was not spared because it plunged to its lowest place since November 2024 (on most exchanges) at simply over $1.50. It has rebounded barely since then and now sits above $1.60, however the general sentiment continues to be extremely bearish.
CryptoWZRD, for instance, outlined the token’s bearish closure towards the greeback. However, the analyst with over 100,000 followers on X outlined the primary constructive information for XRP shortly – the closure towards BTC.
They famous that the XRP/BTC pair closed with a “dragonfly doji,” which is usually thought of a bullish transfer.
XRP Daily Technical Outlook:$XRP closed bearish whereas XRPBTC closed with a dragonfly doji which is a powerful bullish candle. My focus will likely be on the decrease timeframe chart. During the Monthly transition, we must always see extra volatility led by Bitcoin
pic.twitter.com/RUtgdrjof9
— CRYPTOWZRD (@cryptoWZRD_) February 1, 2026
ERGAG CRYPTO, among the many most vocal proponents of Ripple’s cross-border token, outlined a number of totally different paths for XRP going ahead. They imagine the flash crash on Saturday was seemingly a liquidity seize that might end in a right away bounce.
However, there’s additionally the possibility for a dead-cat bounce that might lead to one other retracement, which might be a second liquidity seize. If historical past rhymes, although, the analyst envisions a large rally within the following months of up to 1,600% because it occurred after an analogous construction shaped within the 2017 cycle.
If such a run certainly transpires now, XRP may skyrocket to properly inside double-digit value territory, which seems moderately unthinkable for the time being, however the asset has confirmed up to now that it’s able to related rallies.
#XRP – 33 EMA Breakdown ≠ Game Over (UPDATE):
On the month-to-month chart, #XRP simply tagged the Central Line + 33 EMA round $1.60–$1.61 ( The Dip was to $1.50)
— EGRAG CRYPTO (@egragcrypto) February 1, 2026
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