This week, XRP depreciated by 17.94 per cent with a historic MACD indicator sitting available on the market; the merchants are holding a eager eye on the assist mark of 1.30 amidst market disarray.
XRP trades at $1.57 on February 4, 2026. The cryptocurrency was down 2.63% during the last 24 hours, with the market capitalisation being $95.5billion.
As ChartNerdTA on X reveals, XRP has by no means charted as excessive because the lowest month-to-month histogram studying of its MACD had. This discovering was posted on Tuesday by the technical analyst, indicating that the pattern may very well be exhausted.
And…$XRP simply gave us the bottom MACD month-to-month histogram print in historical past 👀
Hmm… 😏 https://t.co/FxBQpJm3uT pic.twitter.com/sCjUpT3hKO
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) February 3, 2026
Supply: ChartNerdTA
The MACD histogram is used to calculate momentum between transferring averages. The reversals resulting in excessive readings are inclined to comply with, and ChartNerdTA indicated a startle of the primary order.
Important Help Zone Emerges
XRP has been defended by the Supertrend indicator since 2022. This was identified by ChartNerdTA on X on Tuesday night and signifies that the uptrend remains to be intact in February 2026.
The Supertrend has guided $XRP‘s bullish run since 2022 and nonetheless defends the uptrend in February 2026. Lose $1.50, a retest again to the Supertrend assist at $1.30 could full this correction. https://t.co/V6TQXHBh6f
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) February 3, 2026
Supply: ChartNerdTA
The Supertrend has been supportive of the bullish motion as ChartNerdTA tweeted on X. At 1.30, the following assist degree could be vital ought to 1.50 be damaged, and retesting would in all probability be the ultimate step within the correction.
XRP misplaced 0.54% in a single hour. The 7-day downfall was 17.9,4 and promoting strain escalated all through the crypto markets.
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Broader Market Weak point Weighs
Weekend selloffs stimulated 2.2 billion in futures selloffs. Bitcoin fell beneath the foremost assist ranges, and the buying and selling periods had been dominated by risk-off.
XRP is met with opposition on a number of fronts. The 200-day transferring common is at 2.20, and therefore any restoration might want to breach $2.00.
Based on prediction markets, XRP’s worth will stay lower than $2 by the month of February. Historic proof reveals that the month of February is a poor interval, and the typical median returns are misplaced to historical past to the tune of detrimental 8 per cent.
The merchants carefully observe the Supertrend assist at $1.30. A failure would solely improve the losses, and the MACD sign on ChartNerdTAis a technical fear. Bulls will not be in a beneficial market atmosphere.
