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XRP Ends January Under Pressure as Bearish Signals Clash With Accumulation


XRP Ends January Under Pressure as Bearish Signals Clash With Accumulation

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XRP closes January trading at $1.71 after a 1.6% decline, down nearly 10% weekly. Whales are accumulating despite rising exchange inflows indicating downside risk. February historically sees negative returns for XRP, with critical support at $1.69 and resistance at $1.97.

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  • XRP closes January below key moving averages amid historical seasonal weakness.
  • Whales are accumulating XRP, but rising exchange inflows signal potential downside risk.
  • Price outlook hinges on $1.69 support and $1.97 resistance heading into February.

XRP is trading at $1.71 at press time, after another 1.6% decline over the past day as the month closes under sustained selling pressure. The token is now down nearly 10% over the past week and about 6.3% over the past month. XRP’s market capitalization stands slightly above $105 billion, supported by a 24-hour trading volume of about $3 billion.

Seasonal data adds context to the current pressure. Historically, XRP has struggled during the early months of the year. February, in particular, has recorded a median return of minus 8.12% and an average decline of about 5%. In February 2025, XRP fell nearly 29%, a level an…

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In This News

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$ 1.16

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