Ripple’s XRP Faces Critical Price Levels Amid Market Crash
The cryptocurrency market, led by Bitcoin and key altcoins such as Ethereum and Solana, has faced significant bearish pressure in recent days. Ripple’s XRP is no exception, experiencing a sharp 20% decline over the past week to trade near the $1.50 mark. This marks an alarming trend for investors and traders, as major cryptocurrencies struggle to maintain stability.
Market Overview: Key Developments and Impacts
Recent bearish pressure in the market led Bitcoin to dip below $73,000, triggering panic sell-offs and creating a ripple effect across major altcoins. Ethereum (ETH) dropped to $2,100, Solana (SOL) plummeted to $91, and Binance Coin (BNB) fell to $727. These movements correlate with heightened macroeconomic uncertainty, including concerns over Federal Reserve policy shifts and global market instability.
For XRP, the price dropped 5% in just 24 hours and 20% over the last week, trading near the critical $1.50 support level. Analysts have noted that this level is a potential “reload zone” for bullish traders seeking a rebound, but significant selling pressure may push prices lower to $1.25 if the crypto market downturn persists.
Institutional Inflows and Retail Demand Decline
Despite the bearish outlook, XRP saw over $19 million in inflows into exchange-traded funds (ETFs) on February 3, 2026. However, this temporary demand was not enough to contain the broader market decline. Data from CoinGlass highlights a declining open interest (OI) in Ripple futures, shrinking from $8.3 billion in October to its current average of $2.53 billion. This points to reduced retail interest and cautious trading sentiment.
Experts suggest that XRP’s persistent decline stems from macroeconomic triggers, including President Trump’s tariff threats, risk-off sentiment in financial markets, and renewed fears of Federal Reserve tightening.
Opportunities Amid the Bearish Sentiment
While the short-term outlook for XRP remains bearish, some analysts see potential opportunities. A bullish divergence forming at the $1.53 level could see prices recover toward $2.00 if sustained buying momentum develops. Investors prepared to weather short-term volatility may find entry points around $1.50 to $1.53, although caution remains essential amid macro concerns.
Secure Your Cryptocurrency Investments
For those who want to stay updated on the market or secure their digital assets, adopting a reliable hardware wallet is critical. Consider the Ledger Nano X, a trusted hardware wallet that ensures top-tier security for your cryptocurrencies, including XRP, Bitcoin, and Ethereum. You can purchase it directly from the official website for peace of mind and enhanced protection.
Keep monitoring the cryptocurrency market to make informed decisions, and always diversify your portfolio to mitigate risks.
