On February 2, 2026, XRP is trading between $1.59 and $1.61, continuing its recent decline as the overall crypto market faces pressure. In the past 24 hours, XRP fell about 3 to 4 percent, and over the last week, losses reached 12 to 16 percent.
This drop has brought XRP to its lowest point in almost nine months, about 19 percent below its January highs. Trading remains busy, with about $4 billion traded in one day. This shows that many traders are still active, even as prices fall.
For beginners, moves like this often show fear and uncertainty in the market, not a problem with the project itself.
A main reason XRP is having trouble is its strong link to Bitcoin. Currently, XRP moves in the same direction as Bitcoin about 87 percent of the time. So when Bitcoin falls, most other coins, including XRP, usually follow.
Investors are also responding to global economic worries. Recent changes in US Federal Reserve leadership have made people think interest rates could stay high for longer. When this happens, traders often lower their risk and move money out of volatile assets like crypto.
Simply put, XRP is not falling by itself. It is part of a larger market pullback.
Even though the price has dropped, there are some positive signs. On January 30, XRP exchange-traded funds (ETFs) had $16.79 million in net inflows, according to SoSoValue. This means more money went into these funds than came out, despite large withdrawals earlier in the week.
The biggest inflows came from:
For new investors, this shows that some institutions view the recent drop as a chance to buy, not a reason to worry.
Looking at the charts, XRP price prediction is bearish as XRP is still in a short-term downtrend, which means prices are mostly moving lower. On shorter time frames, XRP faces resistance near $1.65 to $1.68, while buyers are trying to hold support around $1.55.
A popular indicator called the RSI (Relative Strength Index) is close to 30, which often means selling pressure is easing. However, this does not yet confirm a rebound.
If XRP falls below $1.55, the next level to watch is around $1.48. If it rises above $1.68, that would be the first sign of improving momentum, with a chance to recover toward $1.75 to $1.82.
Right now, XRP seems to be settling down instead of crashing. If selling keeps slowing and the overall market mood gets better, this period could help set up a steadier recovery in the future.
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