Rich by Coin

A trading expert has warned that XRP could face another sharp sell-off, with technical indicators pointing to a move toward the $1.40 region in the coming months. According to an analysis by TradingShot, XRP has remained in a sustained bear cycle since topping out in mid-July 2025. In a TradingView post published on January 23, the analysis based on the daily chart shows price action locked inside a clearly defined descending channel, signaling persistent lower highs and lower lows.

This structure has dominated XRP’s trend for months and continues to guide downside expectations. The analysis also notes that XRP has been leaning heavily on longer-term support around the 100-week MA. This level has acted as a cushion during prior declines, but historical patterns on the chart show that when this support gives way, XRP tends to experience accelerated losses.

Previous bearish legs within the same channel have produced declines of just over 40%, a move that would align with a drop toward the $1.40–$1.45 zone. Based on the channel projection and past symmetry, the outlook suggests that if XRP fails to reclaim major daily moving averages and the weekly support breaks, the decline could extend into late February 2026. That timeframe aligns with the lower boundary of the descending channel, where the projected target sits near $1.40.