2 key reasons why XRP’s January advance was wiped in a single session

XRPs January rally unraveled on the 26th of January, erasing earlier gains and sending the token back toward familiar support.

The altcoin slipped to $1.88 at press time, with a downside wick near $1.81, wiping out its January advance in a single session.

Source: TradingView

That drop marked a sharp reversal after XRPs earlier surge, leaving traders reassessing confidence in the recovery attempt.

Momentum indicators offered little relief. RSI remained subdued, while MACD stayed weak, signaling limited bullish conviction.

This left traders focused on whether XRP could stabilize near $1.88 or risk another breakdown.

ETF inflows stayed positive

Source: SoSoValue

Whales accumulated XRP dip

Source: CryptoQuant

Ripple CEO stays bullish

His view leaned on growing adoption and improving regulatory clarity. Still, XRPs recent price action struggled to reflect that optimism.

This disconnect kept traders focused on near-term structure rather than long-range forecasts.

Technically, XRP hovered at a critical inflection point. Failure to hold $1.88 would expose the $1.73 level, which marked the next major support on the chart.

A decisive breakdown below $1.73 could accelerate selling pressure and deepen the retracement.

Until then, XRP remained range-bound, with buyers defending support but lacking momentum for a sustained rebound.

Final Thoughts

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