Why is XRP USD dropping 3.78% today?

XRP USD is declining due to overbought technical conditions (RSI 66.74), profit-taking from recent rallies, and broader crypto market weakness. Liquidations in leveraged positions are accelerating the selloff, while the elevated CCI reading of 381.84 signals extreme overbought levels that typically precede sharp reversals.

What is the XRP USD price forecast for February 2026?

The monthly forecast targets **$1.24**, representing a **24.6% decline** from current levels. This aligns with previous support zones and the 200-day moving average trend. Yearly projections suggest recovery to **$4.16**, but near-term momentum favors testing lower support levels first.

What are the key support levels for XRP USD?

Immediate support sits at the lower Bollinger Band of **$1.70**, followed by the day low of **$1.50**. The 200-day moving average at **$2.53** remains far above current price. A break below $1.70 could trigger accelerated selling toward the $1.50 level and monthly forecast target of $1.24.

Is XRP USD overbought or oversold?

XRP USD shows overbought conditions with RSI at **66.74** and CCI at **381.84**, both extreme readings. However, the ADX at **34.92** confirms a strong downtrend, meaning overbought conditions may persist as the trend continues lower before reversal signals emerge.

What does the technical analysis reveal about XRP USD?

Technical analysis shows a strong downtrend (ADX 34.92) with overbought momentum indicators. The MACD histogram at 0.05 suggests weakening momentum, while Bollinger Bands position price near the middle band at $1.93. Stochastic oscillators at 76.34 indicate potential for pullbacks or consolidation.

Crypto Insights

XRP USD Faces $1.24 Monthly Target as -3.78% Daily Decline Tests Support

ByHuzaifa Zahoor February 1, 2026February 1, 2026

XRP USD is trading at $1.6455 as of February 1, 2026, down 3.78% in the last 24 hours. The cryptocurrency faces mounting selling pressure with a monthly price target of $1.24, representing a potential 24.6% decline from current levels. Market data shows XRP USD has fallen 8.82% over the past week and 43.92% over the last six months, signaling sustained bearish momentum. With a market cap of $105.4 billion and elevated trading volume at 6.64 billion USD, the asset is experiencing significant liquidation activity. Technical indicators suggest further downside risk as key support levels face pressure.