XRP is held at $1.93 with strengthening technical signals despite selling pressure

Technical indicators for XRP signal the preservation of short-term bullish potential. The Relative Strength Index (RSI) reached 45.14 and continues to rise, indicating a gradual strengthening of buying pressure. At the same time, the MACD remains in a positive position — its line is above the signal line, and the histogram shows green values, suggesting the continuation of the upward momentum. However, the narrow gap between the MACD and the signal line leaves room for caution: without more vigorous support from buyers, this momentum could prove unstable.

As of January 20, XRP was trading at $1.93, down 2.52% over 24 hours. The asset’s market capitalization stood at $117.26 billion, and the 24-hour trading volume decreased to $91.77 million, reflecting low speculative activity on spot markets. This volume indicates that the current price dynamics are more measured rather than driven by sudden retail investor inflows.

The most notable sign of XRP’s stability remains institutional capital inflows. According to CoinShares, in the last week of December, institutions directed $70 million into XRP, allowing the monthly inflow to reach $424 million. These inflows occurred during a price decline, which can be interpreted as long-term positioning rather than short-term speculative trades. The accumulated institutional investment in XRP exceeded $3.3 billion, placing the asset above Bitcoin ($25 million in outflows over the comparable period) and Ethereum ($241 million in outflows). Such activity demonstrates a particular interest in XRP regardless of overall market conditions.

Derivative markets tell a different story about recent volatility. When XRP approached the $3.50–$3.80 range, open interest in futures contracts peaked above $10 billion with active leverage use. The subsequent correction was accompanied by significant liquidations and a gradual reduction of open positions. Since September of this year, open interest has normalized to $3–$4 billion as the price stabilized near $2.00, indicating partial market cleansing of excessive leverage.

The short-term outlook for XRP will depend on the resilience of current technical levels and the ability of buying pressure to sustain without sharp corrections. The balance between institutional support and retail demand weakness keeps the asset in a state of cautious equilibrium.