Jakarta, Pintu News – Ripple (XRP), one of the largest cryptocurrency assets by market capitalization, is showing interesting technical movements amidst broader crypto market pressure. Recently, the price of XRP stabilized around low levels after experiencing sharp selling pressure, while forming a hammer candle pattern on the price chart.

This pattern is often viewed by technical analysts as an early signal of a possible trend reversal or rebound. Here are five key points from the latest XRP price dynamics that are relevant for investors and beginners.

1. XRP Price Stabilizes at Low Level and Prints Hammer Candle

The hammer candle pattern appears when the price drops sharply but then rebounds before closing, resulting in a long lower shadow and a small body at the top. This pattern is often associated with a potential trend reversal from bearish to bullish. In the case of XRP, this pattern formed after the price had dropped sharply and is now starting to show signs of stabilizing.

The technical pattern appeared around the price of around USD 1.62, a relatively low level in recent months, suggesting that the extreme selling pressure may have eased temporarily. A pattern like this does not guarantee a price increase, but it provides context that buying demand is starting to show.

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2. XRP Broader Market Downward Pressure Still Strong

Although the hammer candle provided a positive technical signal, the crypto market in general is still showing strong selling pressure. Bitcoin and many other altcoins are also experiencing high volatility, while bearish pressure continues to affect investor sentiment. These conditions may affect the price direction of XRP in the short term.

XRP’s previous price drop brought the token to its lowest level since April last year, where many investors’ positions were forced to liquidate in a wave of widespread market pressure. This suggests that the technical rebound needs to be reinforced by more solid demand factors.

3. Possible Short Term Rebound After Hammer Candle

A hammer candle pattern usually indicates that sellers pressured the price at the start of the session, but buyers took over before the close. This can be a sign that price momentum could potentially rebound in the short term, especially if technical support levels hold.

Some technical analysts predict that the rebound could take the price of XRP towards the nearest target around the previous resistance, suggesting that a price recovery in the next few trading sessions is not out of the question.

4. Other Market Factors May Affect XRP’s Direction

In addition to technical patterns, various fundamental factors such as the state of laws and regulations, Ripple’s network adoption, as well as macro trends of the crypto market can influence the overall price direction of XRP. Network demand and investor sentiment towards large crypto assets can also boost or depress the price of this token.

Investors need to pay attention to these dynamics along with technical signals to have a more complete picture in assessing the opportunities or risks at hand.

5. Rebound Doesn’t Guarantee Long-term Bullish Trend

While the hammer candle pattern provides a positive technical signal in the short-term, it does not automatically mean a change in the long-term trend. The crypto market is still facing high volatility, and a momentary rebound could be followed by a consolidation phase or further price drops.

As such, investors and beginners are advised to combine technical analysis with a broad market risk understanding and risk management strategy before making any significant trading or investment decisions.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

Watcher Guru. XRP Price Stabilizes With Hammer Candle: Perfect Time To Buy XRP Dip? Accessed February 4, 2026.

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