Why did the XRP price drop today?

A Bitcoin-led sell-off sparked about $70 million in long liquidations, which pushed price below the $1.79 level and triggered more stop losses. Liquidity thinned during the slide, widening spreads. Recent US spot ETF net outflows of roughly $69 million also weighed on sentiment and reduced dip-buying interest across major crypto assets.

What are the key XRP support levels now?

The near-term zone is $1.75–$1.70, including lower volatility bands around $1.73–$1.70. If $1.70 fails on a daily close, the next area of interest is near $1.61 from last year’s trough. On the upside, reclaiming $1.79 opens $1.93 and the 50-day average near $1.97144 as the next resistance targets.

Does a TD Sequential buy signal guarantee a rebound?

No indicator is a guarantee. A TD Sequential buy setup is more reliable when price holds a defined floor, which is around $1.70 here. Traders look for confirmation such as a strong close back above $1.75 and rising volume. If $1.70 fails first, the setup weakens and downside risk increases.

How should Australian traders manage risk in this move?

Keep sizes small relative to account equity, and place stops beyond the typical swing. ATR near 0.12 suggests about 7 cents of daily movement. Plan entries around $1.72–$1.70 with clear invalidation under $1.68. Use limit orders during quieter AEDT hours to control slippage, and reassess if price cannot reclaim $1.75.

Do ETF flows matter for the XRP price?

XRP is not part of the US spot Bitcoin ETFs, but flows still shape crypto sentiment. Recent net outflows of about $69 million reduced risk appetite. If flows turn positive, it can lift the broader market tone and help XRP hold supports. Persistent outflows make rallies fade faster and increase downside risk.

Global Market Insights

XRPUSD Today: February 01 Long Liquidations Break $1.79 Support

ByHuzaifa Zahoor February 1, 2026February 1, 2026

The XRP price slid about 7% after a Bitcoin-led wave of long liquidations, knocking out the $1.79 level and shifting focus to $1.74–$1.75. The pair XRPUSD now trades near a cluster of technical levels where buyers often step in. If ~$1.70 holds, a TD Sequential buy setup could form, but recent US spot ETF net outflows of about $69 million keep sentiment soft. We outline the key zones, risks, and trade plans Australian investors can use today.