XRP Price Prediction Today, Friday, February 6, 2026

Updated
February 6, 2026

Jakarta, Pintu News – The price of Ripple (XRP) continues to weaken ahead of February 6, 2026, extending its correction phase after breaking out of an important consolidation pattern on the daily chart. In a short period of time, XRP has already corrected around 12%, following the cryptocurrency market weakness that also pressured Bitcoin (BTC) and Ethereum (ETH). This has shifted analysts’ focus to the next technical support zone, which will determine whether the selling pressure begins to ease or if it enters a new, deeper phase.

XRP Correction After Breaking the Consolidation Pattern

The latest pressure started when Ripple (XRP) broke out of the lower boundary of the consolidation triangle pattern that previously held the price in a narrow range. As long as the pattern holds, volatility is relatively restrained and the market is still waiting for a new direction.

Once the support area was broken, selling interest strengthened and many long positions triggered stop-losses in quick succession. This flow of sell orders accelerated the price movement towards lower technical projections.

Analysts read this drop as part of a correction cycle that is still within the long-term big trend. Typically, the final phase of a correction is characterized by a sharp drop after several waves of calmer consolidation.

Short-term sellers capitalize on the momentum to exit, while long-term buyers wait at levels that are perceived to be cheaper. This pattern explains why price movements look sharp, although it doesn’t necessarily mark the end of a multi-month uptrend.

Read also: Majority of Altcoins Plummeted by More than 10%, Why did the Crypto Market Crash Today (6/2/26)?

Rp20-23 Thousand Zone is the Key to Start Monitoring

Technically, previous swing-based projections place the potential stabilization zones around US$1.36, US$1.29, and US$1.21. Assuming US$1 = IDR16,766, that range is roughly equivalent to IDR22,802, IDR21,628, and IDR20,287 per XRP.

The area around US$1.21 or roughly IDR20,287 is close to the 50% retracement of the previous rally, which is often the point where selling pressure starts to slow down. This is where medium-term investors usually start testing accumulation gradually.

If the selling pressure remains strong and the price breaks net below that range, a deeper correction scenario becomes open. In that case, XRP could be pushed towards lower historical trading ranges, depending heavily on the overall crypto market sentiment.

Conversely, if buying interest increases in this zone, the price structure has the opportunity to form a “temporary base” for a rebound attempt. Thus, the Rp20-23k area is the main focus of observation in the next few sessions.

Read also: 23 Karat Gold Selling Price Today, Friday, February 6, 2026

Rebound Requirement: Reclaim IDR27 Thousand Area

To reverse the narrative from a mere technical bounce to a more solid recovery, XRP needs to reclaim the area around US$1.64. This level is roughly equivalent to US$27,496 per XRP and previously served as the upper limit of the consolidation zone. A consistent price close above this level would signal that the downward momentum is starting to subside. It would also indicate that the market is ready to build a new, more stable price base.

As long as prices remain stuck below US$1.64, any rally risks being just a “dead cat bounce” within the short-term downtrend. Day traders need to be disciplined in setting entry and exit levels, given that intraday fluctuations are still high.

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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.

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