XRP is experiencing a notable price drop at the moment and is trading below key support levels. As of Feb 01, 2025, XRP Ledger’s native cryptocurrency has fallen by over 3.67% on the day, extending its weekly decline to 12%. XRP’s prolonged bearish sentiment mirrors the broader cryptocurrency market downturn, with major assets such as BTC, ETH, and SOL continuing to face persistent risks. As per the latest reports, the U.S. government partially shut down early Saturday as a midnight funding deadline lapsed, creating an impactful blow in the digital asset market. Due to the partial shutdown, the U.S. crypto regulation, including the Market Structure Bill, is frozen, extending the regulatory uncertainty in the sector.
Technical indicators show RSI near 38, and the support level is identified at $1.71. Based on the current market analysis, XRP’s weekend consolidation between $1.70 and $1.75 is imminent. A break below the $1.70 support level could trigger a sharp correction, potentially driving the digital asset closer to $1.50. If the support fails and a clean break below $1.50 could trigger stop-losses, short-term panic selling, and algorithmic sell signals, etc.
XRP Current Market Scenario
The XRP price today is $1.67, trading below the $1.70 immediate support level. XRP, the current fifth-largest cryptocurrency by market cap, has been exhibiting this downtrend with 6.29% (High) volatility. The digital asset from Ripple has traded 10/30 (33%) days in green, and the fear and greed index shows 16, which is “Extreme Fear” in the cryptocurrency market. XRP is currently trading below its 50-Day SMA ($ 1.97) and 200-Day SMA ($ 2.47), indicating that the digital asset is in a downtrend or corrective phase. Market analysts opine that the current consolidation below the 50-day moving average of $ 1.97 is attributed to factors like broader market caution and reduced weekend volume.
XRP Price Forecast: Expert Views & Opinions
Some industry experts believe that, despite the short-term price drop, XRP is still attracting attention from large investors.
Prominent crypto analyst X handle named ‘Skipper’ posted that Skipper posted that the bear market narrative around XRP might be misleading, noting that wallets holding over one million XRP were increasing rapidly even while the price remained below the $2 level. Citing new data from Santiment, he stated that 42 new whale wallets had been created since the start of the year, which he interpreted as a sign that high-net-worth investors could be positioning for a significant upside move.
He added that the entry of what he described as “smart money” into the market could support a bullish XRP price outlook in the coming weeks. According to Skipper, XRP’s daily chart was also showing a pattern that had previously preceded a strong recovery, suggesting that whales might be spotting an opportunity that many retail investors were overlooking. He explained that the price had been squeezed down to a key support area, where buying interest appeared to be increasing. Skipper further noted that whales were accumulating XRP around the $1.75 level and argued that, if retail participation followed, a short squeeze could potentially develop.
XRP Price Prediction Weekend: Will XRP Recover Today % Break Above $2 Psychological Level
Based on XRP’s current market dynamics and dominance, the digital asset will not experience a bullish momentum today; instead, it will continue to consolidate laterally. Even though the digital asset might post some gains in the near future, it will not break above the $2 psychological barrier. The testing supports a price near $1.67; any failure could lead to serious market reactions and a steep price correction.
Here is the XRP price prediction for this weekend
| Date | Min Price | Avg Price | Max Price |
|---|---|---|---|
| Feb 1, 2026 | $1.68 | $1.73 | $1.75 |
| Feb 2, 2026 | $1.70 | $1.72 | $1.74 |
Disclaimer: XRP price prediction data is subject to change based on the market dynamics. The table is based on predictive modeling and should not be considered financial advice.
According to the XRP weekend price prediction analysis, the digital asset is expected to trade at an average of $1.72 this weekend with a prolonged bearish sentiment. XRP could slip to $1.68, and a move below $1.65 may trigger a deeper downtrend, potentially driving the price toward $1.50. By analyzing XRP long-term analysis, it was forecasted that XRP would reach $1.86 by the end of 2026, representing a 9.21% increase from current levels. The projection further suggested that the price could rise to $5.79 by 2030, reflecting a gain of 239.69%, before climbing to $8.94 by 2040, an increase of 424.88%. Looking further ahead, XRP was expected to reach $14.62 by 2050, marking a 757.79% rise compared to current rates.
XRP Outlook: Is It a Good Time To Sell XRP?
XRP is currently trading below its 50 and 200-day simple moving averages, suggesting a short-term bearish outlook. This technical overview suggests that there is a short-term caution and market risk, but this does not mean that investors should sell their XRP holdings, because the digital asset from Ripple is considered more than a speculative asset. Industry experts are highly praising XRP for its long-term capabilities and institutional interest.
Price prediction analyses are speculative and are not data-driven. It is not financial advice. XRP risks total loss via volatility and regulations. DYOR; consult advisors.
