XRP Price Prediction: Ripple Eyes $1.60 Recovery After Finding Support at $1.40

XRP Price Prediction Summary

• Short-term target (1 week): $1.60 • Medium-term forecast (1 month): $1.40-$1.73 range
• Bullish breakout level: $1.52 • Critical support: $1.33

What Crypto Analysts Are Saying About Ripple

Recent sentiment from crypto traders remains cautiously optimistic despite XRP's recent consolidation phase. Young Forever .XRP (@xeluc99) noted just 2 hours ago: "XRP is showing strong support at $1.40. If it holds, we might see a push towards $1.60 in the coming days."

This aligns with broader analyst expectations, as Timothy Morano highlighted on January 27 that "XRP trades at $1.64 with bearish momentum but oversold RSI signals potential reversal. Technical analysis suggests $1.73 resistance breakout could drive Ripple toward $2.60-$4.00 range by 2026."

Meanwhile, Dominic Basulto remains bullish on Ripple's long-term prospects, predicting that "The world's fourth-largest cryptocurrency is going to set a new all-time high and end the year trading above the $4 mark" by 2026.

XRP Technical Analysis Breakdown

XRP's current technical setup presents a mixed but increasingly constructive picture. Trading at $1.45, Ripple sits well below its key moving averages, with the 20-day SMA at $1.56 and 50-day SMA at $1.83 acting as overhead resistance levels.

The RSI reading of 39.57 indicates XRP is approaching oversold territory without being deeply oversold, suggesting room for a bounce. The MACD histogram at 0.0000 shows bearish momentum is stalling, potentially setting up for a bullish crossover if buying pressure emerges.

Bollinger Bands analysis reveals XRP positioned at 0.37 between the bands, closer to the lower band at $1.16 than the upper band at $1.96. This positioning typically suggests the asset is oversold relative to recent price action.

Key resistance levels emerge at $1.49 (immediate) and $1.52 (strong), while support holds at $1.39 (immediate) and $1.33 (strong). The pivot point sits at $1.42, making current levels critical for determining short-term direction.

Ripple Price Targets: Bull vs Bear Case

Bullish Scenario

If XRP maintains support above $1.40 as suggested by recent trader observations, the path to $1.60 becomes increasingly likely. A break above immediate resistance at $1.49 could trigger momentum buying toward the $1.52 strong resistance level.

Beyond $1.52, XRP would target the 20-day moving average at $1.56, with the next major resistance at $1.73. A sustained move above $1.73 could validate longer-term targets toward the $2.60-$4.00 range projected by technical analysts.

Bearish Scenario

Failure to hold the $1.40 support level would likely trigger selling pressure toward the strong support at $1.33. A break below $1.33 could accelerate downside momentum toward the Bollinger Band lower boundary at $1.16.

The 200-day moving average at $2.39 remains significantly above current levels, indicating the longer-term trend requires substantial buying pressure to resume.

Should You Buy XRP? Entry Strategy

Current levels near $1.45 offer a reasonable risk-reward setup for traders willing to bet on the $1.40 support holding. Conservative entry points emerge on any dip toward $1.41-$1.42, with stop-losses placed below $1.38 to limit downside risk.

Aggressive traders might consider entries above $1.49 on a confirmed breakout, targeting the $1.60 level mentioned by crypto analysts. Position sizing should remain conservative given the broader market uncertainty and XRP's position below key moving averages.

Risk management remains crucial, with the daily ATR of $0.13 indicating significant volatility potential. Traders should expect price swings of 8-10% in either direction over the coming sessions.

Conclusion

This XRP price prediction suggests a cautiously optimistic outlook for Ripple in the near term. With support holding at $1.40 and oversold technical conditions developing, the probability of a move toward $1.60 appears reasonable within the next 1-2 weeks.

However, the Ripple forecast remains dependent on broader market conditions and XRP's ability to reclaim key resistance levels above $1.52. While longer-term targets of $2.60-$4.00 provide upside potential, investors should focus on the immediate $1.40-$1.73 trading range.

Disclaimer: Cryptocurrency price predictions are inherently speculative and based on technical analysis and market sentiment. Past performance does not guarantee future results, and all investments carry significant risk of loss.