Like a weary traveler finally finding his camp in a barren desert, XRP has stumbled back to its 200‑week average near $1.41, a stubborn line that traders now clutch as the cycle’s hinge. After a ruthless slide from the feverish $3.3-$3.6 hills, the market finally realized that the price needed a break before it could lift itself.
Now XRP tugs at the line; it’s not a joyous dance, and it’s not a shuddering collapse either.
As long as this 200‑week anchor remains steady, the grand super‑cycle story still plays out. Drop the token below that line, and you’re looking at the price trundling back to the $1 mark-unfinished business from the last build‑up sighing in the wings.
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XRP has reached the threshold that could put the coin into either a rebound or an extended correction. For the buyers, that current pattern isn’t a triumphant fever dream but a trial by fire.
Why did XRP drop 30% in a single week?
The $1.60-$2.00 yardstick tells a story of hopes that slipped when the price tried to climb yet found itself gagged by resistance. It never managed a clean high; it flipped into a standstill that no amount of rallying could undo. Until the week’s candle closes above that 200‑week line, any uptick is merely a small correction, and the price faces invisible barriers at $2.40 and $3.00, like hurdles set before a tired runner.
That’s why the decline felt as abrupt as a stagecoach, plunging when there was hardly any solid ground above the 200‑week average for it to stage a comeback. Once the $3.30-$3.60 range disintegrated, little remained for the price to latch onto when it tried to climb.
If the 200‑week average falls below its line, the next logical demand level is the rough $1, both from a chart‑reading and a gut‑feel perspective.
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2026-02-08 16:08