XRP Slips to Key Support — How Low Can It Go in February?
TL;DR:
XRP lost the psychological support of $1.60, reaching its lowest level in 14 months.
A “bear pennant” pattern suggests a technical downside target of $1.22.
Buying volume (CVD) has collapsed since January, signaling buyer exhaustion.
Ripple’s outlook turns dark and bleak following a weekend of high volatility. The latest XRP price forecast for February indicates that the price fell below $1.50, confirming a breakout phase not seen in over a year.
Price action validates the formation of a “bear pennant” on short-term charts, meaning the downward trend is highly likely to extend. Consequently, if the current retest below the $1.58 zone fails, the market could face an additional 23% plunge according to technical metrics.
Industry experts point out that the rally observed in January was actually a bull trap that left many investors stuck at higher levels. With the trendline broken, the path seems clear for the asset to seek liquidity in much deeper support zones.
Demand Exhaustion and Critical Support Levels
The behavior of the Spot Taker Cumulative Volume Delta (CVD) indicator is one of the most alarming data points. This metric measures the aggressiveness of buyers versus sellers. In this regard, reports indicate that buy orders have decreased drastically since early January, reflecting institutional and retail disinterest that leaves the price vulnerable.
Furthermore, analyst Alex Clay warns that following the breach of the double-bottom pattern at $1.60, the structure points toward the psychological level of one dollar. If the aggregated realized price of $1.48 is lost, most holders would enter a loss position, replicating bearish scenarios similar to those experienced in 2022.
In summary, the survival of XRP’s price this month will depend on its ability to defend the $1.40 zone. However, given the lack of buying momentum and accumulated technical pressure, the industry is bracing for a possible capitulation that will test the community’s long-term resilience.
Filed under: News - @ February 5, 2026 1:25 am