XRP Slides Below $1.60 Amid Broader Crypto Market Pullback

• XRP price drops to $1.58, extending weekly losses to nearly 15.7%.
• Despite the price pressure, XRP ETFs recorded $16.7 million in inflows.

The crypto market opened the day on a weak note, sliding by over 4.3%, dragging the total market capitalization down to around $2.55 trillion.  Amid this downturn, XRP, the top fifth-largest market-valued crypto also facing notable losses, which is currently trading near $1.58, marking a decline of more than 4% over the past 24 hours.

On a broader timeframe, XRP has extended its losses nearly 15.7% over the last week; also, the price is now trading nearly 20% below its January highs, highlighting the extent of the recent correction.

According to Coinglass Derivatives data, which confirms the weakening momentum, XRP’s open interest has dropped by around 6.06% in the last 24 hours, indicating that traders are closing positions and reducing exposure.

XRP Drops With Market Pullback as ETF Sees Inflows

The XRP is falling because of a broader crypto pullback, where Bitcoin, the first and largest crypto itself facing trouble and sliding more than 40% after reaching an All-time high at Oct 2025, which was followed by other major altcoins.

Though the price had dropped, ETFs have seen positive flows. On January 30, XRP has seen around $16.7 million in inflows, which proves that despite the heavy withdrawals or selling pressure, more capital has drawn into Exchange-Traded Funds, as all the XRP funds seen positive flows, with the 21Shares XRP ETF(TOXR) leading with $8.19 million, as per SoSoValue data.

XRP Price analysis

When analysing the one-day chart of XRP, it has reached its intraday high of  $1.61 before settling at $1.58, reinforcing the prevailing bearish sentiment.​

With that, the immediate support lies at $1.55; if it moves further down, potentially dragging XRP toward the $1.50 zone. Conversely, a recovery attempt faces resistance near the $1.62 – $1.67 mark; a strong break out above this zone could see a shift in momentum, which is  back in favor of the bulls.

On seeing the indicators, XRP’s moving average convergence and divergence line is below the signal line, which clearly indicates the downtrend. The RSI (Relative Strength Index) value is 26 which is below 30 level, signalling that the XRP is strongly oversold zone, following the lengthy price drops. Overall, XRP is under pressure due to broader market volatility, though oversold conditions indicate a brief price consolidation. 

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