XRP News Today: Ripple Token Slides to 4-Month Low as Tech Rout Worsens

XRP (XRP) found no shelter as a trillion-dollar tech sector rout spilt into crypto, dragging the token lower with the broader market.

On Feb. 5, the Ripple-associated token plunged circa 5.25% to $1.436, its lowest reading in four months. Its downside mirrored similar declines in the crypto market, led by Bitcoin’s (BTC) dip toward $70,000.

Risk sentiment deteriorated after investors reacted to rising AI-related capital expenditure across major technology firms, including Alphabet (GOOGL) and Oracle (ORCL).

The Nasdaq Composite plunged during the US session yesterday, prompting its Asian tech counterparts to follow suit. Gold (XAU) and silver (XAG) fell alongside. The US dollar index rose.

XRP Losses Hit October 2024 Levels

XRP holders sit under pressure levels last seen in October 2024, according to on-chain data resource Glassnode.

The data indicates a sharp rise in XRP’s total supply in loss, meaning a large share of tokens last moved at prices above the current market level of around $1.41.

In 2024, losses reversed quickly after Donald Trump’s November election win triggered a 500%+ XRP rally on renewed regulatory optimism.

That catalyst is absent today. Instead, macro conditions have flipped hostile. AI bubble concerns now weigh on equities, and crypto continues to trade as a high-beta extension of tech stocks.

MVRV pricing bands reinforce the stress signaled by rising supply in loss.

XRP now trades near its realized price around $1.47, a zone that has historically marked late-stage drawdowns rather than cycle peaks.

In prior cycles, sustained moves below the 1.0× realized price preceded downside extensions toward the 0.8× band, near $1.15, where macro-driven bottoms formed.

On the upside, past recoveries only gained traction after XRP reclaimed the 2.4× MVRV band, currently near $3.50. Until risk sentiment improves, MVRV suggests limited upside and lingering downside risk.

XRP Long-Term Holders Are Accumulating Into Weakness

Hodler Net Position Change has turned positive during XRP’s latest pullback, signaling renewed accumulation by long-term holders.

The data shows seasoned investors absorbing supply as price declines, a behavior that has historically preceded market stabilization rather than breakdowns.

A similar pattern emerged during the January–April 2025 drawdown, when rising net position change coincided with XRP carving a durable base.

This does not rule out further downside, but it improves the probability that selling pressure exhausts near current levels.

XRP Technical Analysis

XRP/USD Four-Hour Price Outlook: A Short-Term Rebound Likely

XRP shows a bullish divergence on the four-hour chart as price prints lower lows while relative strength index (RSI) trends higher, signaling waning downside momentum.

The token now tests support near the 1.618 Fibonacci retracement around $1.44, a zone that has triggered short-term bounces in prior pullbacks.

Oversold RSI conditions raise the probability of a relief rebound toward the 20-period EMA near $1.57, with extensions toward $1.66 and $1.86 if momentum improves.

XRP/USD Weekly Chart Setup: Another Support Confluence Raise Rebound Potential

On the weekly chart, XRP is testing a critical confluence zone where the 200-week EMA aligns with the 0.618 Fibonacci retracement near $1.40–$1.43. This area has historically acted as a cycle-defining support.

Weekly RSI is sliding toward the 30 oversold threshold, signaling growing downside exhaustion but no confirmed reversal yet. If a rebound happens, the price may rise toward $1.50 level, aligning with the 20-week and 50-week EMA.

A decisive break below this confluence risks opening a vacuum toward lower Fibonacci levels near $1.13 and $0.93, where structural demand last formed in prior cycles.