XRP Price Prediction: Oversold Ripple Eyes $1.87 Recovery by March 2026
Tony Kim Feb 03, 2026 09:45
XRP trades at $1.60 with RSI at 28.57 signaling oversold conditions. Technical analysis suggests potential bounce toward $1.87 resistance as Ripple consolidates near lower Bollinger Band support.
Ripple (XRP) is displaying classic oversold characteristics at $1.60, presenting both opportunity and risk for traders as the cryptocurrency consolidates near critical support levels. With an RSI of 28.57 and price action hugging the lower Bollinger Band, XRP appears poised for a technical bounce despite bearish momentum indicators.
XRP Price Prediction Summary
• Short-term target (1 week): $1.64-$1.69 • Medium-term forecast (1 month): $1.55-$1.87 range • Bullish breakout level: $1.87 (SMA 20 resistance) • Critical support: $1.55
What Crypto Analysts Are Saying About Ripple
Recent analyst sentiment remains cautiously optimistic for XRP's longer-term prospects despite current consolidation. Timothy Morano projects "XRP targets $2.60 by year-end 2026 despite near-term consolidation," suggesting the current weakness may be temporary within a broader bullish framework.
Dominic Basulto maintains an even more aggressive Ripple forecast, stating "I'm predicting that XRP will double in price this year to hit the $4 mark" by December 2026. However, these projections contrast sharply with current technical conditions showing oversold momentum.
According to on-chain data from major platforms, XRP's trading volume remains robust at $230.5 million on Binance spot markets, indicating continued institutional and retail interest despite price weakness.
XRP Technical Analysis Breakdown
XRP's technical picture presents a mixed but potentially bullish reversal setup. The RSI reading of 28.57 places Ripple firmly in oversold territory, historically a precursor to bounce attempts. The MACD histogram sits at neutral (0.0000), suggesting bearish momentum may be exhausting.
The Bollinger Band analysis reveals XRP trading near the lower band at $1.57, with a %B position of 0.0606 indicating extreme oversold conditions. The middle band at $1.87 represents the 20-period simple moving average and serves as the primary resistance target for any recovery attempt.
Key resistance levels stack up at $1.64 (immediate) and $1.69 (strong), while support holds at $1.58 (immediate) and $1.55 (strong). The daily ATR of $0.10 suggests relatively low volatility, potentially preceding a significant directional move.
Ripple Price Targets: Bull vs Bear Case
Bullish Scenario
In the optimistic case for this XRP price prediction, oversold conditions trigger a relief rally toward the SMA 20 at $1.87. A successful break above $1.69 resistance could accelerate gains toward $1.94 (SMA 50) and eventually challenge $2.17 (upper Bollinger Band).
Technical confirmation would require RSI recovery above 40 and MACD histogram turning positive. Volume expansion above the current $230 million daily average would support upward momentum.
Bearish Scenario
The pessimistic Ripple forecast sees failure to hold $1.55 support, potentially triggering stops and accelerating decline toward psychological support near $1.40-$1.50. A breakdown below the lower Bollinger Band at $1.57 with volume would signal continued weakness.
Risk factors include broader crypto market deterioration and failure of oversold bounces to gain traction above moving average resistance levels.
Should You Buy XRP? Entry Strategy
Conservative traders should wait for confirmation above $1.64 resistance before initiating long positions, targeting $1.87 with stops below $1.55. Aggressive buyers might consider scaling into positions between $1.55-$1.60 with tight risk management.
A stop-loss below $1.52 would limit downside risk while allowing room for normal volatility. Position sizing should account for XRP's recent range-bound behavior and potential for extended consolidation.
Conclusion
This XRP price prediction suggests oversold conditions may provide a tactical buying opportunity for short-term recovery toward $1.87 resistance. While longer-term analyst targets of $2.60-$4.00 remain ambitious, the current risk-reward setup favors patient accumulation near support levels.
However, crypto price predictions carry inherent uncertainty, and traders should never risk more than they can afford to lose. The combination of oversold RSI, lower Bollinger Band support, and analyst optimism creates a cautiously bullish outlook for Ripple in the coming weeks.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with financial professionals before making investment decisions.
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