XRP price drops below $1.61 – 2 factors for the bulls avoid $1.10
The Bitcoin [BTC] and Ethereum [ETH] Spot ETF flows mirrored an unstable sample within the ultimate week of February. Giant flows into Bitcoin slowed down on Friday, hinting at stalled momentum.
Ripple [XRP] and Solana [SOL] had been extra constant, and their inflows, although not huge, had been taken as a optimistic be aware.
Within the long-term, the decision of the key authorized challenges between Ripple and the SEC noticed XRP break freed from the “regulatory low cost” hanging over it for years.
Supply: XRP/USDT on TradingView
The spot ETF flows and the regulatory readability didn’t ease the long-term XRP value outlook. The weekly chart confirmed a bearish swing construction.
This was confirmed after a weekly session closed beneath the swing low at $1.61.
This low was established in April 2025, and it had precipitated a bullish construction break later within the 12 months, making it a legitimate swing level. Due to this fact, the long-term value traits had been bearish.
Two magnetic zones the XRP value may gravitate to subsequent
The 1-month Liquidation Heatmap confirmed that $1.80 and $1.10 had been the close by liquidation clusters that XRP may transfer to. The $1.70-$1.90 space was a denser cluster of brief liquidations, however the $1.10 and $1.26 zones had been nearer.
Due to this fact, it’s doable that the $1.10 space is focused first.
Merchants’ name to action- Respect the bearish construction in place
Supply: XRP/USDT on TradingView
Utilizing the identical value motion rules because the weekly chart, the 4-hour chart additionally mirrored a bearish swing construction.
Over the previous few days, the XRP value bounced from the $1.27 low to just about check the 78.6% Fibonacci retracement at $1.44.
The $1.41-$1.44 space was the golden pocket for the bearish transfer to proceed from, and so it has performed out.
Primarily based on the proof at hand, the following XRP value goal is the 23.6% southward extension at $1.21.
The CMF was straying beneath -0.05 in current days to sign sizeable capital outflow from the market. The Superior Oscillator crossed over beneath the zero line, confirming the momentum shift after the bounce to $1.4.
Ultimate Abstract
- The long-term XRP value pattern was bearish after it closed a weekly session beneath the $1.61 swing low.
- The bounce and rejection from the $1.4 provide zone confirmed that the short-term XRP pattern course was additionally bearish.
Disclaimer: The information introduced doesn’t represent monetary, funding, buying and selling, or different varieties of recommendation and is solely the author’s opinion.
