Overview
- XRP is trading below $2.00 with $1.85–$1.90 acting as key support and $2.00 as immediate resistance, according to recent technical reads.
- U.S. spot XRP ETFs saw a record $53.31 million net outflow on Jan. 20, then recorded a $7.16 million net inflow on Jan. 21, per SoSoValue.
- Derivatives positioning has cooled with futures open interest near multi‑week lows around $3.35 billion and funding rates negative, signaling crowded shorts.
- Santiment reports retail sentiment has fallen into “Extreme Fear” after roughly a 19% drawdown from the Jan. 5 local high, a backdrop that has previously preceded rebounds.
- Ripple’s ecosystem advances continue, with RLUSD listed on Binance and a new partnership with DXC Technology to embed Ripple’s tech into the Hogan core banking platform.