Behold, the mighty XRP, having suffered a 54% nose-dive that would make a dragon’s sneeze seem like a gentle breeze. The crypto world gasps, clutching its pearls, as investors wonder if this is the start of a grand recovery or just a cosmic joke. Fear not! For even in the darkest of markets, a glimmer of hope flickers like a poorly lit tavern sign.
How Far XRP Has Fallen
From its recent cycle high, XRP has declined by roughly 54%, a magnitude of correction that has historically preceded periods of consolidation or recovery rather than prolonged declines. Or, as one expert put it, “It’s like the market took a deep breath and said, ‘I think I’ll just… stop for a moment.’”
According to an expert, during the latest market-wide selloff, XRP briefly dipped toward recent lows but avoided setting a new breakdown point. Instead, prices rebounded quickly, suggesting that buyers are stepping in earlier than before. One might say they’ve been waiting for this moment with the patience of a monk who’s just discovered tea.
This matters because in previous XRP cycles, declines in the 50-55% range have often marked exhaustion of selling pressure. Or, as another expert muttered, “If this is exhaustion, I’ve got a bridge to sell you.”
A Difference This Time: Higher Lows
While Bitcoin and Ethereum both pushed to new short-term lows during the latest drop, XRP did not. A true underdog story, if underdogs were made of sterner stuff and less screaming.
- XRP held above its prior low
- This formed a higher low, a classic sign that downside momentum may be weakening
- Buying interest appeared faster and more consistent on the rebound
For investors, this relative strength is important. It could mean that XRP is being accumulated at current levels rather than aggressively sold into weakness. Or it could mean the market’s finally grown tired of XRP’s antics.
Short-Term Price Levels Investors Are Watching
XRP is now trading in a narrow recovery range, with several levels drawing attention: a treasure map of hope, if treasure maps were drawn by a drunk seagull.
- Immediate support: The recent rebound zone where buyers stepped in aggressively
- Near-term resistance: Around the $1.80 area, which previously acted as a floor before the selloff
- Upside target if reclaimed: A sustained move above $1.80 could open the door toward $2.20-$2.30, where selling pressure last increased
A decisive break and hold above $1.80 would be an important signal that confidence is returning. Or, as someone might say, “Finally, a reason to believe in the impossible.”
Bitcoin’s Role Remains Critical
Bitcoin is still hovering near a major support zone after its deepest pullback of the cycle. As long as Bitcoin holds these levels, XRP’s downside risk appears limited. A renewed breakdown in Bitcoin, however, would likely drag the entire market lower, regardless of individual strength. It’s like trying to keep a party going when the host’s just been hit by a bus.
In short: XRP can outperform, but it cannot fully decouple. Like a well-trained puppy, it’s always tethered to its master’s leash.
Broader Conditions Are Turning Less Hostile
Macro conditions are becoming less restrictive compared with recent months. The US economy, it seems, has finally stopped pretending to be a dramatic actor and is now playing the role of a cheerful parrot.
- US economic data is pointing to renewed expansion
- Expectations are growing for interest rate cuts later this year
- Global trade tensions appear to be easing at the margin
Read More
- 2025 Crypto Wallets: Secure, Smart, and Surprisingly Simple!
- Gold Rate Forecast
- Brown Dust 2 Mirror Wars (PvP) Tier List – July 2025
- Banks & Shadows: A 2026 Outlook
- ETH PREDICTION. ETH cryptocurrency
- The 10 Most Beautiful Women in the World for 2026, According to the Golden Ratio
- HSR 3.7 story ending explained: What happened to the Chrysos Heirs?
- 9 Video Games That Reshaped Our Moral Lens
- Gay Actors Who Are Notoriously Private About Their Lives
- The Weight of Choice: Chipotle and Dutch Bros
2026-02-03 20:01