Ripple’s XRP has slid back under $1.40, reigniting concerns that the token could test much lower levels if broader market weakness continues. According to CoinGecko, XRP has lost momentum across multiple timeframes: - down 3.1% in the last 24 hours - down 13.8% over the past week - down 26.1% on the 14-day chart - down 33.9% over the past month Price action and correlation with Bitcoin XRP dropped as low as $1.16 on Feb. 6, 2026, a move that coincided with Bitcoin dipping below $62,000. When BTC rebounded to roughly $71,000, XRP followed and climbed back toward $1.40 — but that recovery was short-lived. On Feb. 9, 2026, Bitcoin again slipped below $69,000, knocking steam out of altcoins and contributing to XRP’s renewed decline. Bear-case warnings Some market observers, including analysts at Stifel, have warned BTC could fall as far as $38,000. Analysts say a breach of the $40,000 Bitcoin level would likely trigger a broad market crash. In that scenario, XRP could relinquish much — if not all — of the gains it has made over the past 18 months and drift toward multi-year lows, with some downside estimates around $0.50 if the current trend persists. What drove XRP’s rally — and the reversal XRP’s recent ascent began in late 2024 as the long-running SEC vs. Ripple litigation approached a conclusion. The lawsuit officially closed in 2025, and the settlement sparked a major rally that pushed XRP to a fresh all-time high of $3.65 in July 2025. However, a sharp market-wide drawdown in October 2025 sent crypto prices lower, and XRP has been on a downward trajectory since. Outlook Near-term movement for XRP looks tightly linked to Bitcoin and overall risk appetite. In a deep BTC correction, XRP faces sizable downside risk; conversely, a sustained crypto market recovery and improving macro conditions could restore the token’s earlier gains. Traders and investors should watch key Bitcoin levels and broader macro signals for clues to XRP’s next leg. Read more AI-generated news on: undefined/news
