In the grand tapestry of financial endeavors, the saga of the XRP ETFs unfurled with a flourish, attracting a staggering sum exceeding one billion dollars during its illustrious inception. Each day, like a well-rehearsed ballet, these funds danced gracefully in the green, eliciting joy from the hearts of their devoted followers.
Yet, as fate would have it, this harmonious performance met an abrupt interruption on the seventh day of January. The once-steadfast inflows began to resemble a leaky bucket, with three days witnessing a reverse tide of outflows that left investors gasping for breath. Among such tumultuous days, one in particular stood out with all the subtlety of a thundering herd.
What Unfolded Last Week?
The initial trio of trading days during the preceding week unfolded modestly yet positively, like a gentle breeze stirring the leaves of fortune for the valiant XRP Army. On Monday, $7.76 million flowed into the coffers, followed by a delightful $9.16 million on Tuesday, and a respectable $6.95 million on Wednesday-a veritable cornucopia of financial delight!
Alas, the sun set darkly on Thursday, when the cryptocurrency realm succumbed to a cascade of despair, following the US Federal Reserve’s pause in interest rate reductions and the President’s rather theatrical show of naval prowess in distant lands. In a frenzy reminiscent of a flock of startled birds, XRP investors withdrew an astonishing $92.92 million, as if the very ground beneath them had given way.
While Friday offered a flicker of hope, with $16.79 million reinvested, the week concluded with a dismal outcome, marred by Thursday’s debacle. In total, the ETFs suffered a staggering loss of $52.26 million-an abysmal chapter indeed, marking the darkest hour since the inception of Canary Capital’s XRPC.
The once-gleaming sum of net inflows, which soared to an apex of $1.26 billion on Wednesday, now languished at a mere $1.18 billion come Friday’s close, much like a once-mighty river reduced to a trickle.
The Fall of XRP’s Price
The aforementioned withdrawals, coupled with a catastrophic downturn in the broader market, sent Ripple’s coin into a spiraling descent akin to a tragic hero meeting his inevitable doom. A grim over 11% decline since the previous weekend landed XRP at the disheartening price of $1.70, the lowest seen since the harrowing October collapse when it dipped below $1.60 across many exchanges.
Yet, amidst this turmoil, some seers of the market remain cautiously optimistic. Ali Martinez, for instance, proclaims that the stars may align for a resurgence, provided the asset clings tenaciously to its current $1.70 support. His proclamation, buoyed by the TD Sequential indicator, heralds a potential shift in fortunes, flashing the promise of a buy signal.
The TD Sequential is flashing a buy signal for $XRP, with a rebound scenario intact as long as $1.70 holds.
– Ali Charts (@alicharts) January 30, 2026
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2026-01-31 17:32