- XRP reclaimed its 50-day moving average in early January and is trading back above $2.
- Institutional products recorded about $45 million in weekly inflows into XRP, while the broader market saw roughly $454 million in outflows.
- Onchain volume Z-scores on Binance sit near 0.44, indicating trading activity is slightly above the 30-day average and within a neutral range.
- Analyst commentary notes a completed “triple tap” at range highs and outlines scenarios of a pullback to $1.77 or continued support near $2 with upside toward about $3.
- More than $100 million in net whale selling from Jan. 4–7 preceded a rejection near $2.40; whale flows remain elevated.
On the first weekend of January 2026, XRP moved back above $2 after reclaiming its 50-day simple moving average, with institutional demand helping to shore up the price as broader digital asset funds experienced heavy outflows. Data shows the week saw roughly $454 million in market outflows while demand for XRP investment products totaled about $45 million, a large week-on-week increase.
CoinShares data showing the weekly inflows is available via the report linked here: CoinShares weekly flows. Market metrics from CryptoQuant place trading volume Z-scores on Binance at about 0.44, suggesting activity is slightly above recent averages and consistent with balanced buyer-seller participation.
A technical note and chart for intraday context can be seen on TradingView. Analyst CrediBULL Crypto pointed to a completed “triple tap” at range highs and outlined two paths: a pullback toward $1.77 or defended support near $2 with upside toward about $3. Futures trader Dom noted that moves into the mid-$2.40s would be needed to confirm a meaningful daily-chart shift.
The recent rally stalled just below $2.40 after more than $100 million in net whale selling from Jan. 4–7, and CryptoQuant data shows elevated whale outflows that would need to change for a clean retest of $2.40.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- DeFi protocol slippage error yields $112K, not $3.73M fixed.
- X Reverses Crypto Shadow Ban; Bitcoin Jumps 6% amid inflows.
- SEC Ends Probe Into Zcash Foundation, No Charges Recommended
- Fed Governor Miran: Stablecoins Reinforce US Dollar in 2026.
- Figure launches OPEN for on-chain peer-to-peer stock lending
