XRP's Prolonged Bear Trend and Latest Drop Signal Further Downside Pressure

As of February 7, 2026, XRP continues to face significant selling pressure within an established bear cycle. With the token trading at $1.44—down 1.43% over the past 24 hours—recent price action suggests that the early-January rebound was merely a temporary bounce within a broader downtrend, not a durable reversal. The structural weakness across both the USDT and BTC pairs raises critical questions about whether support levels can hold, or if the anticipated drop toward $1.20 remains inevitable.

XRP/USDT Analysis: The Bear Phase Tightens

On the daily USDT chart, XRP has settled just above the critical demand zone of $1.80–$1.90 after failing to overcome the $2.40 supply barrier and the declining 100-day and 200-day moving averages. With current price at $1.44, the token has already breached into lower trading territory, validating the bear structure. The downward-sloping moving averages continue to reinforce medium-term bearish momentum, while the daily RSI has retreated from overbought extremes toward neutral territory—a classic signal of weakening rallies.

For bulls to reclaim control, a decisive daily close above the $2.20–$2.40 band would be essential; however, such a move appears increasingly unlikely given the current technical setup. Should the $1.80–$1.90 floor give way, the next round of selling could accelerate the drop toward October’s capitulation lows near $1.60, with the ultimate bear target hovering around $1.20–$1.30. This scenario aligns with the bear thesis if price closes decisively below the critical support.

The BTC Pair Bears Down Further

Against Bitcoin, XRP’s relative weakness is equally pronounced. The XRP/BTC pair hovers around the 2,100–2,200 sats range after repeated rejections from the 2,400–2,500 sats resistance cluster. With both the 100-day and 200-day moving averages acting as overhead resistance, every rally attempt has been sold into, signaling that the broader bear structure remains intact. Bitcoin’s relative strength continues to dominate, suggesting that XRP underperforms when BTC rallies—a structural headwind.

The lower support zone near 1,900–2,000 sats shows some demand interest via recent wicks, but this is insufficient to establish higher highs or reverse the downtrend. A breakdown below 1,800 sats would confirm renewed underperformance and could extend the drop further toward the 1,500 sats demand area. Until daily closes reclaim the 2,400–2,500 sats resistance and corresponding moving averages, the bear narrative in the BTC pair remains firmly in control.

Gauging the Market: Current Context

XRP’s market capitalization stands at $87.72 billion, with a 24-hour trading range between $1.39 and $1.50. The spread between recent highs and lows underscores the ongoing volatility and indecision, yet the overall trajectory continues to favor the bear case. The gap between the current price and the previous all-time high of $3.65 reminds traders of just how far the coin has already descended.

The Bottom Line

The combination of weakening moving averages, failed rally attempts, and technical rejection points suggests that XRP’s bear trend is far from exhausted. Whether the drop accelerates toward $1.20 or stabilizes at the $1.80–$1.90 support zone will depend on incoming volume and macro sentiment; however, the preponderance of technical evidence currently tilts toward further downside. Traders should remain cautious until concrete signs of reversal emerge from the charts.