XRP price prediction: Is XRP near a turning point after 7 days down?

It’s been a rough stretch for XRP, and investors are feeling it. With a full week of declines behind it, the main question is whether XRP can bounce back or if the bears are still in control. Key support levels and blockchain activity are under close watch.

This XRP price prediction looks at the latest market action and what could be next for XRP in the short term.

Current market scenario

Ripple (XRP) is sitting around $1.93 on January 21, up 2.17% in a day and down nearly 6.6% over the past five days. Macro concerns — from tariffs to soft global markets — put pressure on cryptos.

One of the biggest hurdles for XRP right now is staying above the $1.90–$2.00 range, a zone that often dictates investor behavior. Blockchain data shows that since mid-2025, every push above $2 has triggered notable losses, suggesting many traders prefer to take profits rather than buy more.

Can XRP rebound soon?

After a challenging stretch, XRP is showing signs of holding crucial support at $1.85, a level that has historically prompted quick rebounds.

Sustained ETF inflows highlight strong institutional interest in XRP, which might spark a sharper rebound if the broader market cooperates. Even so, the $2 level remains a key resistance point, keeping traders cautious.

XRP price prediction from CoinCodex

Even after some hopeful signs, CoinCodex’s latest XRP outlook remains on the cautious side. Out of all technical indicators, 26 are bearish versus just 7 bullish.

They see XRP dipping about 0.74%, potentially landing around $1.88 by February 20. The downside looks contained, but a big bullish breakout isn’t expected immediately.

Final thoughts

The near-term XRP forecast hinges on two numbers: $1.85 for support and $2 for resistance. Clearing that resistance could spark a bullish move, while dropping below support might give the bears the edge.

XRP is at an important turning point. Institutional interest and past support hint at potential upside, but ongoing selling and macro uncertainty keep things cautious. Key price levels will be worth watching as the market figures out its next move.