XRP is as soon as once more at a essential resolution level, with analysts carefully watching whether or not bulls can defend a key worth zone that would decide the following main transfer.
XRP is now buying and selling at $1.64 after recovering barely from a dip to $1.53 over the weekend. At this stage, the coin is approaching a pivotal second.
Key Factors
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XRP trades at $1.64 as analysts watch whether or not bulls can defend the essential $1.60 help zone.
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Shedding $1.60 may ship XRP down towards $1.15, a key trendline.
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Holding $1.60 retains XRP’s bullish construction intact and permits for larger lows to type.
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After 4 purple month-to-month candles, historical past suggests a 70% likelihood XRP rebounds this month.
The Battle at $1.60 Intensifies
In keeping with analyst Matt Hughes, the $1.60 degree has turn out to be a must-hold zone for XRP. It’s because its worth motion continues to compress close to long-term technical help.
Hughes shared a long-term weekly XRP chart displaying the worth grinding alongside an ascending trendline that has guided XRP larger because the 2017 cycle. In a follow-up replace, he described the scenario as “the battle at $1.60,” emphasizing how necessary this degree has turn out to be.
On the time of his evaluation, XRP was hovering simply above $1.60, with a number of weekly closes testing patrons’ conviction. A sustained maintain above this zone would hold XRP inside its bullish construction.
What Occurs If XRP Breaks $1.60?
The chart additionally outlines a extra cautious situation if help fails. If XRP convincingly loses $1.60, Hughes’ illustration suggests the worth may slide towards the rising trendline, which at present sits round $1.15.
Notably, a dip to $1.15 from XRP’s present place would symbolize one other 30% worth decline. In comparison with its 2025 peak of $3.66, such a transfer would quantity to just about a 70% drawdown.
On the bullish facet, holding above $1.60 retains the door open for XRP to proceed forming larger lows. Hughes’ projection exhibits a possible stair-step transfer larger if patrons regain management, ultimately setting the stage for a push towards a brand new all-time excessive.
For now, all eyes stay on how XRP’s worth behaves round $1.60, as this degree could decide whether or not the market stabilizes or slips right into a deeper pullback.
“70% Likelihood of Rebound This Month”
Past this help degree, different market watchers are turning to historic traits to name a possible XRP backside.
XRP has now recorded 4 consecutive purple month-to-month candles, a sample not seen since 2017. The token closed January 2026 at $1.6455, down from a gap worth of $1.84, and slipped additional to $1.53 in early February.
Analyst Chicken famous that XRP has not posted 5 straight purple month-to-month closes in practically eight years. Traditionally, comparable setups have favored a rebound, with previous cycles displaying roughly a 70% likelihood that the next month closes larger.
Earlier intervals of prolonged month-to-month losses typically marked vendor exhaustion. In each 2018 and 2022, multi-month declines had been adopted by sturdy inexperienced candles, together with positive aspects of as much as 73% within the subsequent month.
However broader market situations, significantly Bitcoin’s pattern and total sentiment, may nonetheless affect outcomes. For now, historical past suggests February is extra more likely to break the dropping streak.
DisClamier: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article could embrace the creator’s private opinions and don’t replicate The Crypto Fundamental opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Fundamental will not be answerable for any monetary losses.
