XRP fell nearly 4% on Sunday as bitcoin dropped below $88,000, with traders also looking ahead to a busy week that includes the Federal Reserve’s two-day FOMC meeting starting Wednesday and earnings from major technology companies. In the 24 hours ending Jan. 25, XRP moved from roughly $1.92 to $1.90, staying inside a narrow 1.8% range as market participation remained cautious.
Spot XRP ETFs post their first notable weekly outflows
During the same period, spot XRP ETFs recorded their first meaningful weekly outflows since launch, totaling about $40.6 million. The flow pattern points more to near-term profit-taking and position rotation than to a broad loss of confidence. There were no negative developments involving Ripple or the XRP Ledger, and Ripple’s regulatory position and payments use case were unchanged, leaving price action tied mostly to market structure, positioning, and lighter participation.
$1.88 to $1.89 remains the key short-term floor
The most important intraday move came around 09:00 UTC, when volume briefly jumped to 34.5 million tokens. XRP dipped toward $1.89 and then recovered back above $1.90. That sequence looked less like the start of a fresh selloff and more like a failed breakdown attempt. After the bounce, trading activity faded quickly into the close, showing that both buyers and sellers stepped back.
On an intraday basis, XRP also tried to rebound toward $1.92, but that move was rejected without much delay and sent the price back toward $1.90. The market still has not reclaimed higher levels, and that keeps the broader range-bound structure in place.
Consolidation remains intact while resistance sits overhead
Technically, XRP is still consolidating rather than trending. The market has built a visible base near $1.88, forming what chart watchers would describe as a triple-bottom support area. Buyers have shown up on each test, but the rebounds have been shallow. Overhead resistance remains layered, with near-term selling pressure around $1.93 to $1.95 and a more important descending trendline near $2.10.
Volume behavior matches the consolidation view. Participation has spiked on reversals instead of breakouts, and the sharp drop in turnover into the close points to indecision. A move above $1.95 would indicate structural repair toward $2.03 to $2.06. A break below $1.85 would invalidate the current base and reopen downside risk. Until one of those levels gives way, XRP appears likely to stay trapped in a range.