$XRP
😰 $XRP Analysis - Testing $1.40 Support as Bears Take Control
BREAKING: XRP has plunged to $1.32-$1.44, down over 40% from January highs. The "XRP to $10" dreams have turned into "$1.40 support" nightmares.
While the #USIranStandoff creates macro uncertainty, XRP is facing its own demons. This is historically XRP's WORST month - February has a median return of -8.12%.
Current Price Action:
• Trading: $1.32-$1.44
• Down 16% YTD, 25% over past month
• Recovered slightly from $1.14 lows
• Still 40%+ below recent $2.40 highs
Technical Breakdown:
XRP is trapped in a DESCENDING CHANNEL - a classic bearish pattern that's been in play since mid-2025. Every rally gets SOLD.
• Support: $1.40-$1.50 (critical zone)
• Resistance: $1.69-$1.97 (massive selling pressure)
• RSI: Oversold at 26.88
• All moving averages pointing DOWN
The ETF Story Isn't Enough:
Yes, XRP ETFs raised $1.3 billion in 50 days with NO outflows. That's impressive. But guess what? It's NOT enough to stop this bleeding. The broader market is in RISK-OFF mode, and even positive XRP news is being ignored.
Exchange Flow WARNING:
Exchange balances flipped POSITIVE - meaning MORE XRP is flowing TO exchanges (selling pressure) rather than away (accumulation). This happened before the last 18% crash.
What Analysts Say:
• ChatGPT: $1.40-$1.95 range for February
• Claude: $1.40-$1.90 with $1.50 as critical support
• If $1.40 breaks: Next stop $1.00
The #MarketRally everyone expected? It's not coming in February. This is about survival, not gains.
🎯 Trade the chart, not your hopes. Manage risk FIRST.