Crypto volatility has hit XRP hard, with macro worries and geopolitical tension putting traders on edge. The most recent drop has pushed the token near a major support level.
Next up, we’ll examine the market and provide our latest XRP price prediction.
Summary
- XRP has recently dropped over 20%, briefly touching $1.13 before recovering to around $1.40.
- The token remains under pressure from macroeconomic uncertainty, geopolitical tensions, and weak spot XRP ETF demand.
- Traders are watching key U.S. economic data, including the February 11 jobs report and February 13 CPI figures, for market guidance.
- In the short term, XRP is expected to trade sideways between $1.13 and $1.50.
- If selling resumes, XRP could test the psychologically important $1.00 level, keeping the overall outlook cautious.
Current market scenario
When investors shun risk, Ripple (XRP) usually takes a bigger hit than Bitcoin, highlighting how sensitive it is during sell-offs. Its lower levels of institutional participation make it more exposed when the market turns cautious. Right now, the XRP price is hovering around $1.40 as traders watch for early signs of renewed buying, but spot demand has remained fairly muted so far.
Over the past month, XRP has been on a steady downtrend, losing nearly 40% alongside the broader crypto market. Another sharp 20% drop this past week suggests that liquidation pressure from recent sell-offs might not yet be fully digested, keeping volatility elevated.
The market is still feeling the impact of macro and geopolitical tensions. Heightened fears of a strike on Iran have triggered risk-off moves, weighing on Bitcoin and altcoins such as XRP. At the same time, spot XRP ETFs are seeing less demand as investors hold back.
Traders are now eyeing key U.S. economic data that could influence the next major market shift. The January jobs report comes out on February 11, with CPI data following on February 13. Both releases were pushed back due to a brief government shutdown, and either could impact crypto prices.
XRP price prediction: Key levels to watch
It’s been a rough few days for XRP, which lost more than 20% and briefly dipped to $1.13 on Friday — a level not seen since early November 2024. XRP has recovered a bit, yet renewed selling could push it closer to the psychologically significant $1.00 mark.
After the big sell-off, the market appears ready to catch its breath rather than rally straight away. Traders seem hesitant to put fresh money to work until macro data offers more clarity. In this scenario, the XRP forecast points to a period of sideways, range-bound movement.
During a sideways trading period, XRP is likely to remain between $1.13 and $1.50 for the time being. A drop below this range would raise the risk of additional downside, while a move above $1.50 could hint at a potential rebound. All in all, the XRP outlook stays cautious as macro uncertainty continues to dominate the market.
