This week, XRP depreciated by 17.94 per cent with a historic MACD indicator sitting on the market; the traders are keeping a keen eye on the support mark of 1.30 amidst market disarray.
XRP trades at $1.57 on February 4, 2026. The cryptocurrency was down 2.63% over the last 24 hours, with the market capitalisation being $95.5billion.
As ChartNerdTA on X shows, XRP has never charted as high as the lowest monthly histogram reading of its MACD had. This finding was posted on Tuesday by the technical analyst, indicating that the trend could be exhausted.
And…$XRP just gave us the lowest MACD monthly histogram print in history 👀
Hmm… 😏 https://t.co/FxBQpJm3uT pic.twitter.com/sCjUpT3hKO
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) February 3, 2026
Source: ChartNerdTA
The MACD histogram is used to calculate momentum between moving averages. The reversals leading to extreme readings tend to follow, and ChartNerdTA indicated a startle of the first order.
Critical Support Zone Emerges
XRP has been defended by the Supertrend indicator since 2022. This was pointed out by ChartNerdTA on X on Tuesday evening and indicates that the uptrend is still intact in February 2026.
The Supertrend has guided $XRP's bullish run since 2022 and still defends the uptrend in February 2026. Lose $1.50, a retest back to the Supertrend support at $1.30 may just complete this correction. https://t.co/V6TQXHBh6f
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) February 3, 2026
Source: ChartNerdTA
The Supertrend has been supportive of the bullish action as ChartNerdTA tweeted on X. At 1.30, the next support level would be important should 1.50 be broken, and retesting would probably be the final step in the correction.
XRP lost 0.54% in one hour. The 7-day downfall was 17.9,4 and selling pressure escalated throughout the crypto markets.
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Broader Market Weakness Weighs
Weekend selloffs stimulated 2.2 billion in futures selloffs. Bitcoin fell below the major support levels, and the trading sessions were dominated by risk-off.
XRP is met with opposition on several fronts. The 200-day moving average is at 2.20, and hence any recovery will need to breach $2.00.
According to prediction markets, XRP’s value will remain less than $2 by the month of February. Historical evidence reveals that the month of February is a poor period, and the average median returns are lost to history to the tune of negative 8 per cent.
The traders closely observe the Supertrend support at $1.30. A failure would only increase the losses, and the MACD signal on ChartNerdTAis a technical worry. Bulls are not in a favourable market environment.
