January 20 News, XRP price has declined nearly 10% since last week. Amid ongoing macroeconomic pressures, market sentiment in the cryptocurrency space has become notably cautious. Multiple data points indicate that XRP’s current market structure closely resembles the phase before the significant correction in 2022, sparking widespread discussions among investors about whether XRP will break below $1.
On-chain data provides the first warning signals. Glassnode shows that short-term holders with a holding period of 1 week to 1 month are accumulating at prices below the cost basis of those holding for 6 to 12 months. This structure suggests that early high-position buyers are facing ongoing psychological and unrealized losses. Similar situations occurred in early 2022, followed by a marked downward adjustment in the market.
The second similarity comes from changes in trading volume. Recently, as XRP’s price has fallen, trading volume has not increased accordingly; instead, it has continued to decline. This phenomenon indicates a lack of effective support during the current decline, with cautious sentiment among buyers at lower prices. Historically, this combination of falling prices and shrinking volume often signals a lack of market confidence.
The third risk signal is reflected in technical indicators. Comparing the current cycle with the phases of 2021 to 2022, the momentum structure of the MACD histogram shows a high degree of consistency. If XRP breaks below the critical support zone of $1.8 to $1.9, the potential downside could further expand, and the psychological threshold of $1 will face testing.
However, the market is not solely one-sided. Some analyses suggest that XRP is at a key pattern decision point. If the price can regain the 100-day moving average and break through the $2.48 to $2.52 range, it could release over 30% of its upside potential.
In the short term, XRP’s price movement remains highly dependent on technical structures and overall market sentiment. For investors focusing on XRP price forecasts and whether XRP will break below $1, managing positions and reducing leverage remain important strategies during this high-volatility phase.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery
XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.
GateNews2h ago
XRP taps 44 million Rakuten users as Japan loyalty points turn into crypto
Rakuten Wallet has introduced XRP for trading and payments in Japan, allowing 44 million Rakuten Pay users to convert loyalty points into XRP, effectively integrating it into a major consumer commerce network. This move enhances everyday spending and expands XRP's reach in the market.
Cryptonews5h ago
Rakuten Pay Integrates XRP for 44 Million Japanese Users, Enables Payments at 5M+ Merchants
Rakuten Pay has integrated XRP, enabling 44 million users to spend the cryptocurrency at over 5 million merchants in Japan. This integration highlights a shift from trading cryptocurrencies to everyday payments, supported by Japan's favorable regulations and fintech infrastructure.
GateNews04-15 09:14
MoonPay Hints at Potential Ripple Collaboration With XRP-Themed Post
MoonPay's recent social media post featuring an XRP theme has sparked speculation about a potential partnership with Ripple. As both companies focus on enhancing cryptocurrency infrastructure, the implications of this possible collaboration, along with Ripple's initiatives in institutional finance, highlight a shift towards practical applications in the crypto space.
GateNews04-15 08:53
Gate’s “Crazy Wednesday” is live with a hot launch. Complete tasks to win XRP and Glenfiddich whisky. For USDT savings, earn up to 100% APY. For BTC/ETH/SOL staking, earn up to 16% mining APY.
Gate News message, according to Gate’s official announcement on April 15, 2026
Gate launches a “Crazy Wednesday” campaign, running from April 15, 2026 at 14:00 to April 19, 2026 at 16:00 (UTC+8). Users complete multiple tasks to unlock mystery boxes, with a chance to win XRP tokens and Glenfiddich whisky. The mystery box tasks include multiple categories such as flash swaps, spot, and futures trading, as well as top-ups, invitations, and VIP upgrades, and each tier corresponds to a different number of mystery box openings.
Campaign Two launches a USDT wealth-management product, with a 14-day fixed-term annualized yield of 6%. New users can also participate in a 3-day product offering 100% annualized yield. In addition, Yu’e Bao also offers multi-currency wealth-management options such as USAT, USDD, 0G, and APT, with annualized returns of up to 300%. Campaign Three introduces a boosted rewards policy for staking users, offering up to a 16% annualized return for staking BTC, ETH, and SOL; for SOL staking, staking 0–1 coins can yield up to 16% annualized.
GateAnnouncement04-15 04:27
XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8
Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.
MarketWhisper04-15 02:58
