Key Insights:
- XRP price trades near a key long-term support after falling from its 2025 peak.
- ETF inflows remain a major factor that could signal a short-term rebound.
- Ripple EMI approval in Europe strengthens long-term business confidence.
XRP price has dropped to levels not seen in nearly two years, putting the market at a key decision point.
After months of steady selling, Ripple coin traders are now watching a narrow support zone that could decide whether the decline slows or deepens.
XRP Price Action From the 2024 Breakout to the Current Low
The present state of the XRP price cannot be understood without looking back to its long consolidation phase.
For most of 2023 and early 2024, XRP traded in a tight range between $0.45 and $0.70.
This period was marked by low volatility and limited interest, as the market waited for a clear signal.
That signal arrived in early November 2024 when Ripple coin broke above the upper end of that range, triggering fresh demand.
Within weeks, XRP price moved from around $0.50 to reclaim the $2 level by December 2024.
Market watchers believe that this breakout marked a structural shift, as long-term resistance finally gave way.
Between December 2024 and March 2025, XRP price traded sideways again, but at much higher levels.
Prices fluctuated between $2.00 and $3.20 as buyers and sellers tried to agree on fair value. This phase ended with a strong push higher. Momentum carried Ripple coin to a peak of $3.66 in July 2025.
That high turned out to be a major turning point. Multiple attempts to hold above $3.50 failed, showing that buying pressure was fading.
From there, the trend shifted lower. Selling continued through the second half of 2025, gradually pushing the XRP price back toward the zone where the original breakout began.
Now, XRP trades around $1.55 to $1.60. This area sits near the midpoint of the November 2024 move and had previously acted as resistance before becoming support.
On the weekly chart, this zone is viewed as critical. Holding above it keeps the broader structure intact.
A clear break below would leave little support until the $1.30 to $1.35 range, with psychological support near $1.00 to $1.10 below that.
XRP ETF Inflows as a Possible Rebound Trigger
It is important to add that another factor shaping expectations for XRP price rebound. For context, the investors are keeping close track of the activity in XRP-related exchange-traded products.
Recent data shows that total net assets across XRP spot ETFs stand near $1.19 billion, even as daily flows have turned uneven.
Notably, some days have seen inflows come in at a moderate pace, a sign of a cautious market.
The previous periods with high inflows coincided with periods when the price action of XRP was consolidating or rallying.
ETF inflows have been an important data point for short-term price direction.
If the daily inflows into ETFs begin to pick up again, it could be a bullish sign. This could help absorb the selling pressure at current price levels.
Essentially, ETF inflows are an important data point because they represent a source of buying and selling not captured by retail traders.
Ripple EMI license Strengthens Business Outlook
While the XRP price struggles, Ripple Labs continues to expand its regulatory reach.
On February 2, 2026, Ripple confirmed it received full approval for an Electronic Money Institution license from Luxembourg’s financial regulator, the CSSF.
This followed preliminary approval granted earlier and the completion of all required conditions.
The license allows Ripple to operate across the European Union under a unified framework.
It also builds on recent approval from the United Kingdom’s Financial Conduct Authority, where Ripple secured both an EMI license and cryptoasset registration.
Ripple now holds more than 75 regulatory licenses worldwide. This level of approval places it among the most regulated firms in the digital asset sector.
While licensing does not directly move prices in the short term, it strengthens Ripple’s position with banks and payment providers.
This is particularly relevant for XRP on a longer-term basis. The expansion of Ripple’s payment ecosystem bodes well for the XRP network.
With market pressures alleviated, factors such as regulatory environment and business expansion may provide support for XRP.
Currently, XRP price is at a crossroads, and technical support, ETFs, and Ripple’s expansion in regulated markets are key indicators that will dictate the course of action for the cryptocurrency in the next phase.
Source: https://www.thecoinrepublic.com/2026/02/02/xrp-price-hits-2-year-low-major-rebound-triggers-to-watch/


