Ripple’s nimble native token flirts with a cunning barrier, a glittering gate in the arithmetic of tides, where fortunes don’t merely wobble but pose, with a sly smile, the possibility of a plunge. Having composed a textbookABLE correction-if one may borrow grammar from finance and romance-the cognoscenti fix their lorgnetts on the region around $2.26, as if that number might decide the tempo of the near future. If the creature cannot escarp above this threshold, a deeper descent could follow, with a sigh and a shrug worthy of a noir heroine. 😏
Technical Pattern Points to $2.26 as Key Level
According to the ever-precise CasiTrades, XRP is presently drafting a textbook A-B-C corrective waltz. The A wave reached the 0.382 Fibonacci retracement near $2.23, the B wave retreated to $2.11, and now the stage tilts toward Wave C, as if the drama were rehearsed by a composer who loves suspense. 🎭
“If this truly is a Wave 2 correction, we should see price reject near the .618 retracement around ~$2.26.”
A clean rejection from this ceremonial level could signal the start of a descent. The next acts offer $2.11 and $2.03 as supports, with Wave 3 aiming for the grandiose $1.65. The analyst also murmurs, “A Wave 2 cannot make a new local high above $2.41,” meaning any flourish above that would shatter the bearish setup like a teacup in a hurricane.
At press time, XRP was strolling at $2.10, with a 24-hour volume north of $4 billion, per CoinGecko. It has slid 2% in the last day and nearly 1% over the past week-little dramas in the theatre of numbers. 🎭
Indicators whisper that RSI lingers near 61, a tasteful margin before overbought conditions start banging on the door. With volume still a caffeinated river, traders await XRP’s flirtation with $2.26-the moment that might write the near‑term trend in ink as loud as a trumpet.
Bearish Targets and Alternate Scenarios
EGRAG CRYPTO weighs in with a bleached caution, hinting at a structural echo from cycles past:
“If we are sitting in a similar structural position to previous cycles… we could still experience: ~31% drawdown, ~47% drawdown.”
These projections sketch possible lows in the $1.40-$1.20 range. Yet EGRAG adds a ribbon of optimism, whispering, “Long term, nothing is bearish in XRP’s fundamentals or structure.”
Meanwhile, a weekly chart from Ali Martinez suggests a recent sell signal chasing after a long-cherished buy signal from earlier in the year-a little autumnal irony in the charts. 🍂
Nevertheless, the world of institutions continues its discreet promenade. Ripple has earned preliminary blessing for an e-money license in Luxembourg and is pursuing a Crypto Asset Service Provider license under MiCA in the EU, as if the opera might someday be performed across the entire stage of Europe.
@Ripple is pursuing an EMI license in Luxembourg as part of its MiCA strategy to expand regulated payments across the EU.
The process is ongoing and would allow Ripple to offer services across the EEA once approved.
– CryptoPotato Official (@Crypto_Potato) January 14, 2026
ETF inflows tied to XRP exceeded $10 million on January 14, lifting total inflows to around $1.26 billion (SoSoValue data). Meanwhile, XRP’s exchange supply has dwindled to under 2 billion tokens, a neat shrink from the four-plus billion in late 2025-as if the token were a magician’s rabbit, disappearing behind a velvet curtain. 🐇✨
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2026-01-15 14:19