XRP enters February under clear pressure, with the price dropping about 7% in the last 24 hours and 5% over the past month, amid overall market weakness.
๐ Historically, February is considered one of the weakest months for XRP:
Median return: โ8.12%
Average performance: โ5%
February 2025 witnessed a drop of nearly 29%
๐ป Why was the decline expected?
The price is moving within a long-term descending channel
The descending peaks and troughs still dominate the trend
As the price approaches the lower channel limit, the risk of breaking support increases
๐ Is a rebound possible?
Possible signs of positive divergence appear, but confirming them requires:
2D close above $1.71
RSI indicator remains above 32.83
๐ฐ Money flows and whale behavior
CMF rises despite price drop โ smart accumulation
Gradual improvement in ETF flows
Whale accumulation continues
โ ๏ธ On the other hand:
Increase in XRP flow to exchanges โ risk of sudden selling
๐ฏ Critical levels
๐ด Support: $1.71 โ $1.69
๐ข Resistance: $1.97 โ next target $2.41
โ๏ธ Conclusion
๐ The real battle in February between: $1.69 critical support
$1.97 key resistance
๐ Do you think XRP will hold above $1.69 or will we see a new breakdown?
๐ฌ Share your opinion in the comments