XRP recently broke through the $1.5 resistance level, creating a new closing high. Analysts point out that the short-term support level is at $1.5, which needs to hold to continue the uptrend. If this level breaks, the $1.42 support can be referenced as an alternative. A breakout above three EMAs is needed to confirm a bullish reversal. Market participants should pay attention to price movement and changes in technical indicators.

Standard Chartered Bank is optimistic about the long-term price outlook for XRP, expecting it to decline to $2.80 by 2026 and reach $28 by 2030, despite short-term adjustments due to market downturns and uncertainties. This indicates that institutions remain confident in the adoption of XRP and the development of market infrastructure.

Hyperliquid price encounters resistance at a high level, forming a "lower high" structure, and the bearish trend remains unchanged. The price has not stabilized above the POC support, and the market is turning downward for correction. The next support zone is between $22 and $21. Whether this area provides support will influence the subsequent trend, so caution is advised.

XRP is currently priced at approximately $1.44, down more than 50% from its 2025 high. The market is watching whether it forms a double bottom pattern; if confirmed, a 20% rebound could follow. Technical analysis shows that $1.50 is a key resistance level; a breakout could target $1.68-$1.70. Whale net outflows have slowed, indicating buying support, but the rebound faces multiple resistances. Macro factors should be closely monitored.

The MACD histogram on the XRP monthly chart has fallen to -0.1234, hitting a new all-time low, indicating that the bearish momentum has reached an unprecedented level. This signal appeared after XRP broke below the $1.60 support level, with market sentiment remaining under pressure. On January 29, XRP briefly rebounded to $1.91, but selling pressure quickly returned, and the price lost a key zone on January 30, hitting a new low since November 2024. After entering February 2026, XRP retreated again, declining 3.39% for the month, and it may record its first five consecutive months of decline since 2016. The continuously weakening price structure caused the monthly MACD histogram to plunge sharply, far below the previous low of -0.0822 in August 2022. At that time, the market was in a panic phase following the Terra collapse, and XRP subsequently experienced a staged rebound.

February 2 News, affected by the ongoing weakness in the cryptocurrency market, XRP recently experienced a key technical breakdown. Data shows that XRP's weekly closing price officially fell below the 100-week exponential moving average (EMA), a signal that has historically triggered significant corrections. Currently, XRP has closed lower for four consecutive weeks, with a decline of nearly 30% since early January, now trading at approximately $1.55, making it one of the weakest mainstream assets in this round of correction. Market analyst Chart Nerd pointed out that the 100-week moving average has long been regarded as XRP's "structural support." From 2023 to 2024, the price has oscillated around this moving average, within a range of about $0.42 to $0.70. In November 2024, driven by expectations of policies related to the Trump administration, XRP broke through this average and rose steadily, reaching a high of $2.9 in December 2024. Throughout 2025, XRP traded in the $2 to $3 range, with the 100-week moving average rising accordingly.

As Ripple's plan to become a fully regulated and operated national bank enters the final stages, the market is beginning to reassess the potential impact of this event on the XRP price. Recently, market analyst Chart Nerd revealed that Ripple's application for a national bank license is nearing completion. The application process started as early as July 2025 and received conditional approval in December 2025. According to publicly available regulatory documents, Ripple has chosen to apply for a federal-level national bank license rather than a state-level license. This means its future operations will be directly supervised by federal regulators, allowing for unified operations across the United States without having to comply with differing state regulations. The proposed institution is named Ripple National Trust Bank, positioned as a trust bank, with core services focused on asset custody, trust services, and asset protection.

Pi Coin is under renewed selling pressure after breaking a critical chart pattern that previously supported its November uptrend. The token has fallen nearly 10% over the past week and another 4% in the last 24 hours, confirming a downside pattern break that now threatens to push the price toward a new all-time low. The key question for traders is whether Pi Coin can stabilize before deeper losses emerge. Pi Coin’s breakdown below the neckline near \$0.219 completed a classic head-and-sho

Bitcoin (BTC) rebounded sharply this week, reclaiming the \$90,000 level after a brutal 35% correction, driven by improving sentiment around institutional access. The recovery has refocused attention on the psychologically important \$100,000 mark. BTC rose over 16% from a local low near \$80,600, gaining momentum after Vanguard confirmed it will allow ETFs and mutual funds holding cryptocurrencies to trade on its platform. This move, seen as a step toward mainstream crypto adoption, part

Gate News bot message, on-chain data records that trader James Wynn invested 39 ETH (approximately $104,000) to purchase 24.46 trillion $ZEUS Tokens three hours ago. On-chain detective ZachXBT disclosed that the market maker Darkpool associated with the ZEUS project explicitly mentioned operations such as chart painting and spoofing in its financing materials. It is reported that the operator of Darkpool currently serves as one of the main leaders of the ZEUS project and has previously participated in multiple projects as a technical director. Source: Wu Says