Why XRP Price Struggles With Recovery?

XRP price fell sharply on Thursday, trading near $1.43 after dropping approximately 10% in the past 24 hours. This marks its lowest level since November 2024 and reflects a deepening bearish trend for the cryptocurrency.

XRP has fallen below major support at $1.60 and indicates that further fall could be witnessed to $1.40 and further to $1.00.

The token has fallen 20% in a week and almost 40% in a month. The volume of trading increased by 30% to a record high of $5.04 billion in the sell-off.

Here’s Why XRP Price Is Struggling To Recover

The cryptocurrency market has entered a sharp correction, wiping out approximately $770 million in liquidations within 24 hours. The majority of the losses were in the form of long positions, which indicated panic by the bullish traders.

Crypto Fear and Greed Index fell to 11, which means that investors were in Extreme Fear.

On the whole crypto market value dropped by 6.57% to 2.42 trillion. The impact of global macroeconomic doubt was considerable on this sell-off, triggering a risk-off environment of both digital and conventional assets.

The Open Interest in futures also decreased substantially and contributed to the bearish pressure, and reduced the speculative demand.

Major setbacks were experienced by leading cryptocurrencies. The Bitcoin price fell to the lower level of $70,000, and Ethereum fell to $2,000. Other cryptocurrencies, such as Solana, Dogecoin, and Cardano, were not left behind and registered wide losses as the confidence of investors waned.

The tension in the traditional markets escalated as the Federal Reserve voted to keep interest rates at the same level of 3.50 -3.75% on January 28. Then shortly after, President Donald Trump nominated Kevin Warsh to succeed Jerome Powell to the position of Fed Chair, which continued to shake expectations in the market.

XRP price was weak against a decline in derivatives trading. The open interest dropped to its lowest level since November 2024. Bitcoin ETFs saw a steady decline, whereas XRP spot ETFs reported a moderate net inflow of 4.83 million, which was a slight positive.

How Low Can XRP Price Go In Feb 2026?

The XRP price crashed to $1.43 as bearish momentum weighed down the market. This price movement occurs in the context of a general decline, which has witnessed XRP lose much of its value in the recent past.

The MACD line is lower than the signal line, and the two are in the negative territory. This downward cross-over is indicative of further selling. Further falling below the current MACD (-0.0115) would probably provoke further negative movement.

The Relative Strength Index (RSI) is at 22, which is significantly lower than the oversold level of 30. This gives an impression of a possible short-term bounce.

The XRP currency is now testing a key support at 1.40. Any failure below this area would result in a further slide to further to $1.20.

 On the upside, immediate resistance sits at $1.60, where sellers have previously stepped in with strength.