XRP Price: Token Drops to $1.35 as Bitcoin Decline Drags Market Lower

TLDR

• XRP price dropped to $1.35, down 3.16% in 24 hours, as Bitcoin’s 2.50% decline pulled the broader crypto market lower.
• Whale Alert tracked large transfers totaling 291 million XRP across multiple unknown wallets and exchanges like Bybit.
• The Fear & Greed Index remained at 10, indicating “Extreme Fear” and showing traders are still cautious about buying.
• Technical analysis shows XRP trading below its 200-day moving average near $1.83, with key resistance at $2.25-$2.30.
• A Senate meeting scheduled for February 10 could advance the Clarity Act bill, potentially removing regulatory uncertainty around XRP.

XRP price fell to $1.40 today as selling pressure spread across the crypto market. The token dropped 3.16% in 24 hours according to CoinMarketCap data.

Bitcoin led the market decline with a 2.50% drop. XRP followed the same path as other altcoins faced selling pressure.

The overall crypto market cap decreased 2.50% to $2.34 trillion. This confirmed a broad risk-off trading session across digital assets.

The Fear & Greed Index stayed at 10, still showing “Extreme Fear” conditions. The low score indicates traders remain cautious and buying activity has stayed limited.

Whale Alert reported three large XRP transfers adding uncertainty to the market. One transfer moved 125 million XRP worth $177 million between unknown wallets.

Another transfer involved 116.6 million XRP valued at $165.9 million. A third movement sent 50 million XRP worth $70.3 million from an unknown wallet to Bybit exchange.

These large whale movements totaled 291 million XRP. The transfers happened as market participants showed continued caution.

Technical Analysis Shows Extended Downtrend

XRP has remained in a downtrend since mid-August 2025. The price has consistently stayed below the 200-day moving average near $1.83.

The 50-day moving average crossed below the 200-day moving average. This crossover indicates a bearish market structure for the token.

The sell-off increased after XRP dropped from the $3.30 to $3.10 range in early August. Since then, the token formed lower highs and lower lows while breaking multiple support zones.

Relief rallies in September, November, and early January all failed near $2.25 to $2.30. This range now acts as key resistance for any potential recovery.

The latest decline pushed XRP into the $1.40 support zone. Price showed a small bounce but buying strength remained weak.

Volume patterns showed spikes during sell-offs suggesting heavy distribution. Rebounds happened on lighter volume showing less conviction from buyers.

Analysts Identify Key Support and Resistance Levels

Crypto Seth noted XRP is retesting the 200-weekly level which previously acted as resistance. He stated that losing this area could lead to a retest near $1.00.

Analyst Ali pointed to the TD Sequential indicator flashing a buy signal. However, the price remained below major moving averages keeping downward pressure intact.

CRYPTOWZRD described the daily close as indecisive. He said XRP needs to hold above $1.53 for a long setup and that XRPBTC strength could help if Bitcoin dominance drops.

He added that a retest of $1.38 support followed by a reversal could offer a long opportunity. The $1.38 to $1.46 range appears critical for near-term price action.

A Senate meeting scheduled for February 10 could advance the stalled Clarity Act bill. US Treasury head Scott Bessent emphasized the bill’s importance for establishing the US as the crypto capital.

The Clarity Act aims to create a unified regulatory framework for cryptocurrencies. This could remove regulatory uncertainty that has affected XRP since the SEC previously labeled it as a security.

A senior voice from Coinbase confirmed the Clarity Act is expected to pass soon. Clear regulatory rules could change the operating environment for XRP and other digital assets.

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