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On February 2, 2026, the price of XRP was between $ 1.59 and $ 1.61, continuing the recent decline due to the difficulties faced by the digital currency market. In the last 24 hours, the price of XRP fell between 3 and 4 percent, while its loss over the past week was between 12 and 16 percent.
This decline brought the price of XRP to its lowest level in almost nine months, about 19% below January. Trading remains active, with trading volume reaching nearly $4 billion in one day. This shows that many traders are still active, despite falling prices.
Initially, a move like this often reflects fear and uncertainty in the market, not a problem with the project itself.
Why XRP price is falling: Bitcoin is a bigger picture
One of the main reasons for XRP’s problems is its connection with Bitcoin. Right now, XRP is moving in the same direction as Bitcoin at about 87%. So, when the price of Bitcoin falls, many other currencies, including XRP, follow.
Investors are also responding to the global financial crisis. Recent changes in the leadership of the US Federal Reserve have led some to believe that interest rates may remain high for a long time. When this happens, traders often reduce their risk and move their money away from volatile assets such as cryptocurrencies.
In short, the price of XRP is not falling by itself, but it is part of the market decline.
XRP ETFs Show Buyers Entering
Although the price is low, there are good signs. As of January 30, total inflows into the XRP ETF reached $16.79 million, according to SoSoValue data. This means that more money has entered these funds than has left them, although more money was seen earlier in the week.
The biggest entries came from:
- 21Shares TOXR ETF: $8.19 million
- Bitwise XRP ETF: $3.91 million
- Canary XRP ETF net worth of $2.79 million
- Franklin ETF XRPZ is $1.90 million
For new investors, this suggests that some institutions are seeing the recent downturn as a buying opportunity, not a cause for concern.
XRP Technical Analysis: Why Does $1.55 Matter?
Looking at the charts, the forecast is low The price of XRP since they are still down for a short period of time, which means prices are usually going down. In the short term, XRP is facing resistance around the $1.65 to $1.68 level, while buyers are trying to keep the support level around $1.55.
The Relative Strength Index (RSI), a popular indicator, is nearing the 30 level, which usually indicates a lack of selling pressure. However, this does not guarantee recovery.
If the XRP price drops below $1.55, the next watch level is around $1.48. If it rises above $1.68, this will be the first indication of a positive rise, with the possibility of a return to $1.75 to $1.82.
It seems that the price of XRP is stabilizing and not falling. If sales continue to slow and overall market sentiment is positive, this period can help set things up for future success.
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A note XRP Price Prediction: Sales To Rise To $4 Billion As XRP Price Drops To $1.60 – Will $1.55 Be The Next Price? appeared for the first time Cryptonews Arabic.
