XRP USD Down 2.71% Daily—Can Ripple Recover Above $1.76 Resistance?
XRP USD is trading at $1.4062 as of February 24, 2026, down 2.71% over the last 24 hours. The cryptocurrency faces pressure after a challenging month, with losses extending to 29.3% since early February. Market participants are watching whether XRP can stabilize above key support levels or if selling pressure will intensify. Understanding the technical setup and market sentiment becomes critical for traders monitoring this large-cap digital asset. We’ll examine the current price action, technical indicators, and what levels matter most for XRP’s near-term direction.
XRP USD Technical Analysis
XRP’s technical picture reveals mixed signals with some oversold conditions emerging. The Relative Strength Index (RSI) sits at 34.97, indicating selling pressure has eased from extreme lows but remains below the neutral 50 level. The MACD shows a bearish signal with the line at -0.13 and signal line at -0.14, suggesting downward momentum persists.
The Average Directional Index (ADX) reads 46.60, confirming a strong downtrend is in place. Price action relative to Bollinger Bands shows XRP trading near the lower band at $1.14, with the middle band at $1.51 and upper band at $1.88. Support levels are critical—the $1.38 daily low and the $1.14 Bollinger Band lower bound represent key areas where buyers may step in.
Market Sentiment and Trading Activity
Volume metrics show elevated activity with 2.34 billion shares traded daily, 1.46 times the average volume of 165 million. This increased participation suggests institutional and retail traders are actively positioning around current price levels. The Money Flow Index (MFI) at 59.36 indicates buying pressure is present despite the price decline, suggesting accumulation may be occurring at lower levels.
Liquidation data reveals that the sharp 2.71% daily drop triggered stop-loss orders, but the recovery from the $1.3807 day low to $1.4062 shows some demand returned. The 50-day moving average sits at $1.7592, well above current price, creating a significant gap that traders view as resistance on any bounce attempt.
XRP USD Price Forecast
Monthly Forecast: XRP is predicted to reach $0.91, representing a 35.3% decline from current levels. This forecast suggests continued weakness if selling pressure accelerates. Quarterly Forecast: No specific target provided, indicating uncertainty in the 3-month outlook. Yearly Forecast: The $3.94 target implies a 180% recovery from current prices by year-end 2026. This wide range reflects the volatility inherent in cryptocurrency markets.
Three-year and five-year forecasts show $6.34 and $8.73 respectively, suggesting long-term recovery potential. These extended timeframes assume regulatory clarity and broader crypto market stabilization. Forecasts may change due to market conditions, regulations, or unexpected events.
Why XRP USD Is Declining Today
XRP’s 2.71% daily decline reflects broader cryptocurrency weakness and specific headwinds facing the Ripple ecosystem. The recent news cycle includes ongoing discussions about regulatory clarity, with pro-Ripple legal voices commenting on market dynamics. The decline from the $3.67 year-high to current levels represents a 61.7% pullback, indicating profit-taking from earlier rallies.
The 50-day moving average at $1.7592 acts as a resistance ceiling, preventing sustained rallies. Short-term traders are likely taking profits on any bounces, while longer-term holders face underwater positions. The combination of technical weakness and macro headwinds creates a challenging environment for price appreciation in the near term.
Support and Resistance Levels for XRP
The $1.38 level, representing today’s low, serves as the first support zone where buyers may defend. Below that, the $1.14 Bollinger Band lower bound becomes critical—a break below this level could trigger further selling toward the $1.118 year-low. The 200-day moving average at $2.332 remains a distant resistance target that would require a 65.7% rally to reach.
On the upside, the $1.4373 day-high and the $1.51 Bollinger Band middle line represent immediate resistance. A sustained close above $1.76 (the 50-day moving average) would signal a potential trend reversal. Traders watch these levels closely as they determine whether XRP consolidates or breaks lower.
What’s Next for XRPUSD Investors
The technical setup suggests XRPUSD remains in a downtrend despite oversold RSI readings. The ADX at 46.60 confirms trend strength, meaning bounces may be temporary before selling resumes. Market data shows that historically, when RSI drops below 35, reversals often take time to develop as sellers remain in control.
The $82 billion market cap indicates XRP maintains significant liquidity, but the 29.3% monthly loss shows conviction behind the selling. Regulatory news, Bitcoin’s direction, and broader crypto sentiment will likely drive the next major move. Traders should monitor whether volume increases on any bounce, which would signal genuine buying interest versus short-covering rallies.
Final Thoughts
XRP USD faces a critical juncture at $1.4062, down 2.71% today with technical indicators showing mixed signals. The RSI at 34.97 suggests oversold conditions, yet the strong ADX at 46.60 confirms the downtrend remains intact. Support levels at $1.38 and $1.14 are key areas to watch, while resistance sits at $1.76 and the 200-day moving average at $2.33. The monthly forecast of $0.91 contrasts sharply with the yearly target of $3.94, reflecting uncertainty about near-term direction versus long-term recovery potential. Volume remains elevated at 1.46 times average, indicating active participation from traders. Market sentiment shows buying pressure emerging (MFI at 59.36) despite price weakness, suggesting accumulation at lower levels. For XRP USD to reverse course, it needs to break above the 50-day moving average and establish higher lows. The broader crypto environment and regulatory developments will likely determine whether this bounce attempt succeeds or fails. Traders should wait for confirmation of trend reversal before positioning aggressively in either direction.
FAQs
XRP declined 2.71% on February 24, 2026, due to broader cryptocurrency weakness and profit-taking from earlier rallies. The 50-day moving average at $1.76 acts as resistance, preventing sustained bounces. Technical weakness combined with macro headwinds creates selling pressure.
The yearly forecast targets $3.94, implying a 180% gain from current $1.41 levels. However, the monthly forecast shows $0.91, suggesting near-term weakness. Three-year and five-year targets are $6.34 and $8.73 respectively, indicating long-term recovery potential.
Yes, the RSI at 34.97 indicates oversold conditions, typically below 30. However, the strong ADX at 46.60 confirms the downtrend remains powerful. Oversold readings don’t guarantee immediate reversals—selling can persist in strong downtrends.
The $1.38 daily low and $1.14 Bollinger Band lower bound represent critical support zones. The $1.118 year-low is the ultimate support. A break below $1.14 could trigger further selling toward the yearly low.
Recovery to $1.76 (the 50-day moving average) requires a 25% rally from current levels. The strong downtrend and elevated volume suggest this level will face selling pressure. Confirmation of trend reversal would be needed before sustained moves above this resistance.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.