XRP Price Analysis for February 4
Analysis
Price Impact
MedXrp has declined by 2.24% in the last day. technical analysis suggests potential further drops to the $1.50 zone and even $1.30-$1.40 if key support levels are broken, indicating notable downward pressure.
Trustworthiness
MedThe analysis comes from u.today, a recognized crypto news source, employing technical indicators like support levels and breakouts. however, it explicitly states opinions and includes a disclaimer about not being financial advice.
Price Direction
BearishThe analysis points to a false breakout of $1.5428, and more importantly, a potential close below $1.5307, which could lead to a drop to the $1.50 zone. midterm, if the weekly bar closes below $1.50, a test of the $1.30-$1.40 area is anticipated.
Time Effect
ShortThe analysis covers daily movements, longer time frames, and projects potential price action 'by the end of the month', indicating a focus on immediate to short-term trends.
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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 Bulls are not strong enough to seize the initiative as the prices of most of the coins keep trading in the red zone, according to CoinStats . Advertisement XRP chart by CoinStats XRP/USD The rate of XRP has declined by 2.24% over the last day. Image by TradingView On the hourly chart, the price of XRP has made a false breakout of the local support at $1.5428. If the daily bar closes far from that mark, traders can expect an ongoing upward move to the $1.60 range. Image by TradingView On the longer time frame, the rate of XRP has not bounced back after a false breakout of the $1.5307 level. If the candle closes near that mark or below it, the accumulated energy might be enough for a further drop to the $1.50 zone. Image by TradingView From the midterm point of view, there are no reversal signals yet. You Might Also Like Tue, 02/03/2026 - 15:50 Cardano (ADA) Price Analysis for February 3 By Denys Serhiichuk If the weekly bar closes below the interim level of $1.50, traders may witness a test of the $1.30-$1.40 area by the end of the month. XRP is trading at $1.55 at press time. #XRP Price Analysis