The promising start to 2026 has been quickly forgotten as the entire crypto market, as well as many other financial fields, has posted significant losses over the past couple of weeks, which only intensified during the weekend.<\/p>\n
Ripple\u2019s XRP was among the top performers by January 6 when it surged by 30% in days to a multi-week peak. However, the rejection at that point was quite brutal, and the token dumped by nearly 40% to a $1.50 low marked over the weekend. It bounced off to $1.67 on Sunday, only to be driven south below $1.55 earlier today.<\/p>\n
Despite recovering some ground to $1.57 as of press time, XRP is still 4% down on the day and a whopping 13% lower than this time last Monday. The most obvious answer to why it\u2019s down so badly is the state of the broader market, which has lost $300 billion since Friday and $500 billion since last Wednesday.<\/p>\n
However, XRP\u2019s situation worsened last Thursday when ETF investors pulled out a record $92.92 million out of the funds, making it their worst single-day and weekly performance.<\/p>\n
XRP CAPTAIN, a popular member of Ripple\u2019s community on X, weighed in on the asset\u2019s performance, indicating<\/a> that it must remain above $1.60 otherwise risks a full capitulation.<\/p>\n Ali Martinez outlined the next support levels if this one is decisively broken, which are situated at $1.38 and $1.02 before a potential decline to under $1.00. In case of a price rebound, the first major resistance stands at $1.86, he added.<\/p>\n For $XRP<\/a>, resistance sits at $1.86, while support is at $1.38 and $1.02. pic.twitter.com\/Ttg6TtFYfQ<\/a><\/p>\n \u2014 Ali Charts (@alicharts) February 1, 2026<\/a><\/p>\n\n CryptoWZRD said XRP had closed indecisively, but it needs to print a \u201cmore positive candle,\u201d which will \u201conly happen when bitcoin turns positive.\u201d The analyst also noted<\/a> that the XRP\/BTC pair can move higher once the Bitcoin dominance starts to decline again, which hasn\u2019t been the case lately.<\/p>\n ChartNerd was more positive. They noted that very few people expected XRP to dump below $2.00 when it surged to an all-time high of over $3.60 last summer. Now, though, even fewer people anticipate seeing it surge past $3.00 again, and their point was that the market rarely matches investors\u2019 expectations.<\/p>\n $XRP<\/a> <\/p>\n At $3.60\u2026<\/p>\n Very few expected to see below $2<\/p>\n It happened, and now we\u2019re back at $1.50..<\/p>\n And..<\/p>\n Even fewer expect to see $XRP<\/a> back above $3 again <\/p>\n The point is: The market doesn\u2019t care for your expectations. You adjust or get left behind. Period.<\/p>\n \u2014 ChartNerd (@ChartNerdTA) February 1, 2026<\/a><\/p>\n\n The post Why Is Ripple\u2019s Price Down Today and What Is Next for XRP?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The promising start to 2026 has been quickly forgotten as the entire crypto market, as well as many other financial fields, has posted significant losses over the past couple of weeks, which only intensified during the weekend. Ripple\u2019s XRP was among the top performers by January 6 when it surged by 30% in days to […]<\/p>\n","protected":false},"author":0,"featured_media":131605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-131604","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131604"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131604"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/131604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/131605"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What\u2019s Ahead, XRP?<\/h2>\n