Cryptocurrency Market Forecast for February 24 – XRP, Bitcoin, Ethereum

Explore the latest cryptocurrency price forecast for February 24, featuring updated insights on Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH).

XRP is currently experiencing a significant seasonal downturn, losing more than 30% of its value this month, a trend that bears are referring to as the resurgence of the “February Curse.” The token has decreased from its monthly opening near $2.05 to test fragile support at $1.40, marking one of its poorest starts to a year in recent memory.

This decline is coinciding with a substantial influx of institutional capital. Data indicates that over $1.3 billion has flowed into XRP investment products since late 2025, creating a high-stakes conflict between historical weakness and unprecedented demand.

Key Takeaways

• The Curse: XRP is on track for its fifth consecutive monthly decline, down 30% in February alone.
• The Counter-Force: XRP ETF inflows and investment products have garnered $1.3 billion despite the price decline.
• The Battleground: Bulls must maintain $1.40 support to initiate a recovery attempt toward the crucial $2.00 resistance level.

XRP’s February Curse: What the Historical Data Shows

Sellers are clearly dominating the short-term trend. XRP has fallen roughly 30% from its February peaks, extending a painful series of losses that began in October 2025. This could result in a fifth consecutive monthly decline—a rarity in cryptocurrency market analysis not observed since the lead-up to the 2017 bull market.

Historically, February has been detrimental for the asset. In nine of the past ten years, XRP has underperformed Bitcoin during this month. The current drop to $1.40 has lowered the Relative Strength Index (RSI) to 37.82, indicating extreme oversold conditions but providing no assurance of a reversal.

If the $1.40 support fails, technical damage could escalate rapidly. A breakdown below this level could lead to a retest of $1.30, a price point that has not been reached since the post-SEC settlement rally commenced.

Source: XRPUSD / TradingView

Why $1.3B in Institutional Inflows Could Change Everything

While the price action appears bleak, the flow of capital presents a contrasting narrative. Since the introduction of U.S. spot XRP ETFs in November 2025, investment products linked to the asset have attracted over $1.3 billion in cumulative inflows. This buying trend has continued for more than 40 consecutive days, demonstrating remarkable resilience even as the spot price has declined.

This is where the narrative diverges from the broader market. While spot Bitcoin ETFs are experiencing their fifth consecutive week of outflows, institutional funds are actively moving into XRP. This indicates that savvy investors perceive the current dip not as a trend reversal, but as an opportunity to accumulate at a discount.

The divergence is clear.

Typically, altcoins decline more rapidly than Bitcoin during market corrections. However, the sustained XRP ETF inflows suggest that high-net-worth investors are betting on a distinct decoupling. If this institutional demand continues to absorb retail selling, the resulting supply shock could trigger a sharp reversal once sell-side exhaustion occurs.

XRP Price Prediction: Can $2.00 Break the Curse?

Traders are now closely monitoring the $1.40 level. This price point serves as a critical threshold for current XRP price prediction models. Consolidating around this baseline, price action has formed a falling wedge—typically a bullish reversal pattern, assuming support holds.

Notable analyst Crypto Bull recently remarked that while ambitious targets like $10,000 lack support from current charts, technical structures do suggest a potential rally toward $28 in the long term. However, the immediate focus is on $2.00.

If XRP can reclaim $1.60 on high volume, it would invalidate the immediate bearish breakdown. This would pave the way for a move toward $2.00, the psychological barrier that defines the asset’s medium-term trend. A confirmed breakout above $2.00 would effectively conclude the “February Curse” narrative.

Source: XRPUSD / TradingView

Conversely, failure to hold this level would be detrimental. If bears manage to close below $1.38 on a daily basis, the bullish wedge structure would be invalidated. This scenario could likely trigger a liquidation cascade targeting the $1.05 area.

Record Accumulation: A Fundamental Shift or Temporary Noise?

Is this time genuinely different? The institutional crypto landscape has transformed significantly since the cycles of 2017 or 2021. The introduction of regulated ETFs provides a stable capital base that was absent during previous February downturns. Additionally, utility-driven adoption is accelerating alongside speculation.

This week, SBI Holdings launched a 10 billion yen blockchain bond offering XRP rewards, further solidifying the asset’s role in institutional finance. Developments like these provide fundamental support to the price, suggesting that the $1.3 billion inflow represents a long-term strategic allocation rather than short-term speculation.

This structural change indicates that the current correlation with Bitcoin’s weakness may be temporary. While recent unconventional AI models predict significant variance for the asset by year-end, the immediate on-chain reality shows exchange balances declining as ETFs absorb supply.

What Does This Mean for XRP Price?

The market is nearing a pivotal moment. For the bulls to prevail, XRP must close February above $1.60. Achieving this would create a substantial wick on the monthly candle, indicating a rejection of lower prices and setting the stage for a positive March.

However, if the price remains below $1.40 as the month concludes, the “February Curse” will be confirmed as a self-fulfilling prophecy. In that case, traders should prepare for a potentially volatile drop to $1.25 before the institutional bid wall intervenes once more.

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