On a Saturday, the market stage yielded an theatre of uncustomary volatility, and, as if scripted by the fates, the bears bore away the day with a crimson parade. All digital wares wore the same sad hue, and losses flowed as honey spilled from a careless jar.
Ripple’s XRP, that fickle wretch of a token, did not escape the fashion of folly; it tumbled to its nadir since November 2024 (on most stalls of trade) at a touch above $1.50. Since that tumble, there hath been a modest recovery-now it sits beyond $1.60-but the sentiment remains draped in sombre velvet, bearish as a winter’s night.
A certain CryptoWZRD, a wag with more than a hundred thousand followers upon the social stage, did proclaim the token’s bearish closure against the greenback. Yet, lo-the same oracle noted the first glimmer of fruitfulness against BTC in some time, a positive whisper amid the chorus of doom.
XRP Daily Technical Outlook: XRP closed bearish while XRPBTC closed with a dragonfly doji which is a strong bullish candle. My focus will be on the lower time frame chart. During the Monthly transition, we should see more volatility led by Bitcoin
– CRYPTOWZRD (@cryptoWZRD_) February 1, 2026
ERGAG CRYPTO, one of the most vociferous champions of Ripple’s cross-bordure token, did expound several distinct paths for XRP’s future. They profess the Saturday flash crash to have been, perchance, a liquidity grab-a gust of wind that may yet blow back into a brisk bounce.
Yet there lies also the chance of a dead-cat bounce, which might usher in another retracement, a second liquidity grab in the style of a farce continued. If history doth rhyme, the analyst envisions a prodigious rally in the months to come, a mark of up to 1,600% as it did in the year of grace 2017.
Should such a pilgrimage occur anew, XRP could scale to realms of double-digit price, which presently seems the stuff of satire; nevertheless the asset hath proved itself capable of such comedies in times past.
#XRP – 33 EMA Breakdown ≠ Game Over (UPDATE):
On the monthly chart, #XRP just tagged the Central Line + 33 EMA around $1.60-$1.61 ( The Dip was to $1.50)
It held the close above $1.60, swept liquidity near $1.64, and opened February at $1.66.
Why this This matter???…
– EGRAG CRYPTO (@egragcrypto) February 1, 2026
Read More
- Gold Rate Forecast
- How to Unlock the Mines in Cookie Run: Kingdom
- Jujutsu: Zero Codes (December 2025)
- Gears of War: E-Day Returning Weapon Wish List
- Most Underrated Loot Spots On Dam Battlegrounds In ARC Raiders
- How to Find & Evolve Cleffa in Pokemon Legends Z-A
- The Saddest Deaths In Demon Slayer
- Bitcoin Frenzy: The Presales That Will Make You Richer Than Your Ex’s New Partner! 💸
- Respawn Confirms Star Wars Jedi 3 is Still Alive!
- How to Unlock & Visit Town Square in Cookie Run: Kingdom
2026-02-01 10:49