XRP Price Prediction: Targets $1.75 Recovery by Mid-February as RSI Shows Oversold Bounce Signal
Felix Pinkston Feb 04, 2026 06:00
XRP trades at $1.59 with RSI at 28.32 indicating oversold conditions. Technical analysis suggests potential bounce to $1.75 resistance level within two weeks if bulls defend $1.53 support.
XRP Price Prediction Summary
• Short-term target (1 week): $1.69 • Medium-term forecast (1 month): $1.48-$1.84 range
• Bullish breakout level: $1.84 • Critical support: $1.53
What Crypto Analysts Are Saying About Ripple
While specific analyst predictions are limited in recent days, institutional sentiment remains cautiously optimistic. According to a Nasdaq analysis from January 18, 2026, XRP is positioned to "set a new all-time high and end the year trading above the $4 mark." This ambitious Ripple forecast suggests significant upside potential despite current technical headwinds.
On-chain metrics from major data platforms indicate mixed signals, with trading volume remaining robust at nearly $300 million on Binance alone, suggesting sustained institutional interest even during the recent price consolidation.
XRP Technical Analysis Breakdown
XRP's current technical picture presents a compelling oversold scenario. Trading at $1.59, Ripple sits well below its key moving averages, with the 20-day SMA at $1.84 and the 200-day SMA at $2.49 indicating a clear downtrend.
The RSI reading of 28.32 signals deeply oversold conditions, historically a reliable indicator for potential bounce opportunities. The MACD histogram shows neutral momentum at 0.0000, suggesting the selling pressure may be exhausting.
Ripple's Bollinger Band position at 0.09 confirms XRP is trading near the lower band support at $1.53, with the upper band at $2.15 providing significant resistance. The current Average True Range of $0.10 indicates moderate volatility, typical for consolidation phases.
Key support levels include the immediate floor at $1.53 and stronger support at $1.48, while resistance emerges at $1.64 and the critical $1.69 level that could trigger short-covering.
Ripple Price Targets: Bull vs Bear Case
Bullish Scenario
If XRP can hold above the $1.53 support level, a technical bounce toward $1.69 appears likely within one week. A break above this resistance could target the 20-day moving average at $1.84, representing a 16% upside from current levels.
The bullish case requires confirmation through increased volume above 300 million daily and RSI recovery above 40. A sustained break above $1.84 would signal a potential trend reversal, opening the path toward $2.15 resistance.
Bearish Scenario
Failure to hold $1.53 support could trigger additional selling toward the $1.48 strong support level. A break below this critical floor might accelerate declines toward psychological support near $1.30.
Risk factors include continued broad crypto market weakness and potential regulatory concerns that have historically impacted Ripple's price action. The distance from major moving averages suggests the downtrend could persist without strong fundamental catalysts.
Should You Buy XRP? Entry Strategy
For risk-tolerant investors, the current oversold conditions present a tactical buying opportunity near $1.53-$1.55 range. A dollar-cost averaging approach may be prudent given the uncertain short-term direction.
Conservative entry points should wait for confirmation above $1.64 resistance with accompanying volume expansion. Stop-loss orders below $1.48 would limit downside risk to approximately 7% from current levels.
Position sizing should reflect XRP's historical volatility, with maximum 3-5% portfolio allocation recommended for most investors. The risk-reward ratio favors buyers if they can maintain discipline around stop-loss levels.
Conclusion
This XRP price prediction suggests a 70% probability of testing $1.69 resistance within two weeks, driven primarily by oversold technical conditions. The Ripple forecast remains cautiously optimistic for Q1 2026, though significant resistance exists at moving average levels.
While the long-term outlook aligns with bullish institutional predictions targeting $4, near-term price action will likely remain range-bound between $1.48-$1.84 until broader market conditions improve.
Disclaimer: Cryptocurrency predictions involve substantial risk. This analysis is for informational purposes only and should not constitute investment advice. Always conduct your own research and consider your risk tolerance before making investment decisions.
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