Rongchai Wang Feb 01, 2026 14:16

XRP trades at $1.62 with RSI at 27.42 signaling oversold conditions. Technical analysis suggests potential bounce to $1.93 short-term target as Ripple tests critical support levels.

XRP Price Prediction Summary

• Short-term target (1 week): $1.93 • Medium-term forecast (1 month): $1.84-$2.20 range
• Bullish breakout level: $2.20 • Critical support: $1.42

What Crypto Analysts Are Saying About Ripple

While specific analyst predictions from today are limited, recent forecasts from the past week provide valuable insight into XRP's trajectory. Timothy Morano outlined key levels on January 27th, projecting XRP's short-term target at $1.93-$1.97 with a medium-term forecast spanning $1.84-$2.20, identifying $2.20 as the critical bullish breakout level and $1.83 as crucial support.

CoinCodex analysis from January 26th suggests XRP could trade between $1.84 and $2.96 throughout 2026, with an average price target of $2.21. Meanwhile, Cryptopredictions.com forecasted January 2026 parameters with a minimum price of $1.455 and maximum of $2.139.

According to on-chain data from major exchanges, XRP's current positioning near oversold levels aligns with these analyst projections for potential recovery.

XRP Technical Analysis Breakdown

XRP's technical indicators present a compelling oversold scenario at the current $1.62 price level. The RSI reading of 27.42 places Ripple firmly in oversold territory, historically a precursor to price bounces in cryptocurrency markets.

The MACD analysis reveals bearish momentum with a reading of -0.0853, though the histogram at -0.0000 suggests the selling pressure may be stabilizing. XRP's position relative to Bollinger Bands shows the asset trading near the lower band at $1.64, with a %B position of -0.0286 indicating proximity to potential support.

Moving average analysis shows XRP trading below all key timeframes, with the 7-day SMA at $1.79, 20-day at $1.92, and 50-day at $1.95. The 200-day SMA sits significantly higher at $2.52, indicating the longer-term trend remains bearish despite potential short-term oversold bounces.

Key resistance levels emerge at $1.70 (immediate) and $1.78 (strong), while support holds at $1.52 (immediate) and $1.42 (strong). The daily ATR of $0.10 suggests moderate volatility conditions.

Ripple Price Targets: Bull vs Bear Case Bullish Scenario

The oversold RSI condition at 27.42 creates the foundation for XRP's bullish case, with initial targets at $1.70 immediate resistance. A successful break above this level opens the path to $1.78 strong resistance, aligning with analyst Timothy Morano's short-term projection of $1.93-$1.97.

Technical confirmation would require RSI recovery above 30, MACD histogram turning positive, and price reclaiming the $1.70 level with sustained volume. The ultimate bullish breakout target sits at $2.20, which would signal a return to medium-term uptrend conditions.

Bearish Scenario

Failure to hold current support levels presents downside risks for this XRP price prediction. The immediate support at $1.52 represents the first critical test, with a break potentially accelerating toward $1.42 strong support.

Risk factors include continued bearish MACD momentum, failure to generate oversold bounce despite low RSI, and broader cryptocurrency market weakness. A breakdown below $1.42 would invalidate near-term recovery scenarios and potentially target the $1.455 minimum projected by recent forecasts.

Should You Buy XRP? Entry Strategy

Current oversold conditions suggest potential entry opportunities for risk-tolerant traders. Primary entry consideration centers around the $1.60 pivot point, with additional accumulation possible on any dip toward $1.52 immediate support.

Stop-loss positioning below $1.42 strong support provides reasonable risk management, representing approximately 12% downside from current levels. Conservative traders might await RSI recovery above 30 and initial resistance break at $1.70 before establishing positions.

Volume confirmation remains crucial for any Ripple forecast, with the current 24-hour volume of $541 million on Binance suggesting adequate liquidity for position management.

Conclusion

This XRP price prediction identifies compelling oversold conditions at $1.62, with technical indicators supporting potential recovery toward $1.93 within the next week. The confluence of low RSI, Bollinger Band positioning, and analyst projections creates a moderate confidence scenario for short-term upside.

However, the broader technical structure remains challenged, with price trading below all major moving averages and MACD showing continued bearish momentum. Traders should approach with appropriate position sizing and strict risk management protocols.

Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.

Image source: Shutterstock

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