XRP Price Analysis for February 2
Analysis
Price Impact
LowThe analysis suggests low volatility and low chances of sharp moves due to most of the daily atr having passed and low trading volume across longer timeframes.
Trustworthiness
MedThe analysis is based on technical indicators (resistance levels, atr, volume) and provides specific short-term and midterm price ranges, making it moderately reliable for technical traders.
Price Direction
NeutralWhile the hourly chart shows potential for a slight upward move to $1.70 if current resistance is broken, longer timeframes indicate sideways trading between $1.50-$1.75 due to lack of clear buyer/seller dominance and low volume.
Time Effect
ShortThe immediate short-term outlook (tomorrow) hints at minor upward potential, but the prevailing sentiment for the 'next few days' to 'mid-february' is sideways consolidation.
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Article Content:
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News The market might have found a local bottom by now, but the rates of some coins keep falling, according to CoinMarketCap . Advertisement Top coins by CoinMarketCap XRP/USD The price of XRP has risen by 0.53% over the last 24 hours. Image by TradingView On the hourly chart, the rate of XRP is trading near the local resistance at $1.6554. Most of the daily ATR has passed, which means there are low chances of seeing sharp moves. You Might Also Like Sun, 02/01/2026 - 17:31 Stellar (XLM) Price Analysis for February 1 By Denys Serhiichuk However, if the candle closes not far from the mentioned mark, the upward move may continue to the $1.70 area tomorrow. Image by TradingView On the longer time frame, none of the sides is dominating, as the price of XRP is far from the main levels. The volume remains low, which means traders are unlikely to witness increased volatility over the next few days. Image by TradingView From the midterm point of view, the situation is similar. Neither buyers nor sellers are controlling the initiative. In this case, sideways trading in the zone of $1.50-$1.75 is the most likely scenario until mid-February. XRP is trading at $1.6349 at press time. #XRP Price Analysis