- Ripple price has made a dip of 44% in the past four days.
- The trading volume has jumped by 441% to $34.42 Billion.
Ripple (XRP) price has been bleeding for the past four days and has melted to the $1.8 mark. However, buyers have bounced back and have lifted the price by 37% in a few hours.
In January, XRP price remained bullish and tried to hold the $3 mark but couldn’t. XRP price prediction suggests Ripple is available at a discount and a ‘buy the dip’ scenario can be seen.
The sell-off is a reflection of larger crypto market drops brought on by trade tensions in the United States; Dogecoin (DOGE) fell 15% to $0.27 and Bitcoin (BTC) fell 6.8% to $94,290.
Whether this is a temporary correction or a more significant bearish shift is up for debate among analysts.
Crypto Market Crash Amid Trade Wars and Technical Breakdowns
Global markets were rocked by President Donald Trump’s announcement on February 1 of new tariffs on China, Canada, and Mexico that would take effect on February 4, 2025.
Cryptocurrencies responded quickly, with bitcoin and ethereum plumetting sharply. On February 4, according to CoinMarketCap, XRP’s market value dropped to $150 Billion, and it hit an intraday low of $2.51.
Timothy Sykes, an analyst, attributed the decline to concerns about a “wrecked” U.S. stock market and weekend trading volatility. DonAlt, a pseudonymous trader, issued a warning on Monday about additional selling pressure.

Days before the crash, on January 28, The Coin Republic’s cutting-edge AI analytics platform XRP price prediction warned of a possible decline for XRP amid the panic.
The AI model detected waning momentum close to XRP’s $3.20 resistance level after being trained on historical price patterns, on-chain data, and macroeconomic indicators.
According to the AI’s previous report, “XRP’s 14-day RSI at 78 indicates overbought conditions.” likely retracement to $2.50–$2.90.
XRP reached $2.12 on February 4, which was in line with the forecast. The AI now indicates that, if this support is held, consolidation around $2.50 may come before a rebound.
XRP Price Witnessed Strong Price Rejection: Can it Keep Going?
At press time, XRP was trading at $2.4 down by 15.68% intraday. Its market value was around $140.36 Billion and the 24-hour trading volume was $34.42 Billion.
Based on the technical chart, the XRP/USD price has grabbed liquidity below the $2 level. However, it bounced back after the liquidity grab and surged by 36% in a few hours.

If the XRP crypto price recovers from the recent fall and holds over the $2.6 mark, it would be a bullish signal.
Evidently, liquidity has been grabbed, which may attract investors. Here, the involvement of investors might fuel the XRP price and a bullish momentum can be anticipated.
Conversely, if the Ripple crypto price fails to defend the $2.00 mark, recently participated buyers might lose confidence.
On a wider time frame, Ripple’s price has performed very well. Here, long-term holders might prefer to book profit which may lead to a continuous fall ahead.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
Varuni has been in the web3 space for half a decade, witnessing the changing dynamics of DLT, Blockchain and Web3. With 8 years of journalistic expertise, she has a keen interest in emerging technology and their impact on society. She has published news and on-chain analysis articles on Nasdaq as well as some of the top web3, crypto news firms. Currently, she heads The Coin Republic as the Editor-In-Chief.