XRP entered a fragile stabilisation phase in early February after sliding from its January peak near $2.40 and briefly flushing to $1.37 amid heightened macro-driven volatility.
The token has since traded in a tight $1.40–$1.44 range, as optimism tied to Japan’s election result faded and broader risk assets cooled following the landslide win of Prime Minister Sanae Takaichi.
XRP’s sharp intraday reversal erased more than $3 billion from its market capitalisation, as prices fell from around $1.45 and mirrored selling pressure seen across bitcoin and equities.
From a technical perspective, XRP remains capped by its 20-day and 50-day exponential moving averages near $1.44–$1.46, while the 200-day EMA is acting as near-term support.
Momentum indicators such as the relative strength index near 46 point to market indecision rather than a confirmed reversal or breakdown.
Despite weak price action, institutional demand has remained resilient, with US-listed XRP spot ETFs surpassing $1.2 billion in cumulative inflows.
Funds from Bitwise and Franklin Templeton led inflows on Feb. 6, offering structural support as investors await fresh catalysts from Ripple’s upcoming roadmap disclosures.
At the time of reporting, XRP price was $1.45.