NewsBTC
Jan 22, 2026
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XRP Falls Below $2 Amid ETF Outflows and Stablecoin Focus Shift

XRP has dropped below $2, continuing a week-long decline that raises concerns about its short-term outlook.

  • Heavy outflows from XRP exchange-traded funds (ETFs) contribute to selling pressure. Approximately $53 million was withdrawn on January 20, primarily from the Grayscale XRP ETF.
  • The broader market is affected by U.S. tariff developments, leading to risk-off moves across markets.
  • XRP fell to $1.85 after briefly recovering to $2.20, attributed to a liquidity sweep.

XRP Chart

XRP ETF Outflows Add to Selling Pressure

  • XRP-linked ETFs saw their largest daily outflow since November 2025. Cumulative net inflows returned to early January levels.
  • Bitcoin and Ethereum ETFs also experienced heavy redemptions, unlike Solana and Chainlink products which attracted fresh capital.
  • Market sell-off linked to Trump’s tariff threats against Europe and Greenland.

Technical and On-Chain Signals Remain Weak

  • XRP trades below key moving averages with resistance near $2.
  • Indicators suggest continued bearish momentum; support range is $1.85–$1.90.
  • On-chain data shows long-term holders under stress, mirroring patterns from early 2022.

Stablecoin Focus Raises Questions for XRP

  • Ripple's focus on stablecoins like Ripple USD (RLUSD) may impact XRP demand.
  • Recent statements lack direct references to XRP, causing concern among holders.
  • Despite growing RLUSD market capitalization, investors are cautious about sustained XRP demand.