Published & Updated: January 23, 2026 | Tapbit Ripple & Altcoin Momentum Desk
XRP slipped 0.19% to trade around $1.92 on January 23, 2026, continuing a pullback from its July 2025 all-time high near $3.650 despite renewed optimism from Ripple CEO Brad Garlinghouse. In recent interviews and public statements, Garlinghouse reiterated his view that XRP is positioned for significant new highs in 2026, driven by regulatory clarity, institutional adoption, and Ripple’s expanding cross-border payment network. Yet short-term price action remains pressured by broader crypto risk-off flows, ETF outflows in related assets, and macro uncertainty. This guide analyzes the current decline, CEO outlook, technical structure, sentiment indicators, and actionable trading setups on Tapbit for XRP spot and perpetual futures.
XRP & Market Snapshot – January 23, 2026
| Metric / Asset | Current Price | 24h Change | Key Level / Note |
|---|---|---|---|
| XRP | $1.92 | -0.19% | Pullback from July ATH $3.650 |
| Market Cap | ~$116.5B | — | Still top-10 ranked |
| 24h Trading Volume | ~$2.25B | — | Moderate liquidity |
| Fear & Greed Index | ~38–42 | Up slightly from 24 | Risk-off but improving |
| Bitcoin (BTC) | $89,555 | -0.52% | Correlation drag |
| Ethereum (ETH) | ~$2,980–$3,010 | -1.1% | Higher beta weakness |
Why XRP Dropped 0.19% Despite CEO Optimism
1. Broader Market Risk-Off Pressure
XRP remains highly correlated to Bitcoin (~0.75–0.85 correlation), which itself declined 0.52% to $89,555 amid ETF outflows and macro caution. When BTC consolidates or dips, altcoins like XRP typically face amplified downside.
2. Pullback from July 2025 ATH
XRP reached $3.650 in July 2025 on regulatory wins and institutional interest, but profit-taking and macro headwinds triggered a multi-month correction. Current price (~$1.92) sits ~47% below that peak — a healthy retracement in bull cycles but still sentiment-sensitive.
3. CEO Outlook vs Short-Term Reality
Brad Garlinghouse has repeatedly expressed long-term confidence, predicting new all-time highs in 2026 driven by:
- Regulatory clarity post-SEC case resolution
- Growing cross-border payment adoption
- Institutional inflows via RippleNet and ODL
- Potential ETF approvals (spot XRP ETFs under review)
Yet short-term price action reflects macro noise rather than fundamentals.
Technical Structure & Key Levels to Watch
XRP – Current ~$1.92
- Immediate Support: $1.85–$1.90 (recent swing low)
- Critical Support: $1.75–$1.80 (Fib 0.618 retracement)
- Resistance: $2.00–$2.10 (psychological + 50-day EMA)
- Next Major Resistance: $2.50–$2.80 (prior consolidation zone)
- RSI (daily): ~42–46 → neutral, room for upside
Tapbit Trading Strategies for XRP in Current Environment
- Create your Tapbit account (0% maker fees)
- Deposit USDT via P2P or card
- Spot accumulation: DCA buys at $1.85–$1.90 range
- Futures rebound play: Long XRP/USDT perpetuals on break above $2.00 (20–50x leverage, isolated margin)
- Relative value hedge: Long XRP vs short BTC if XRP/BTC ratio shows strength
- Risk control: Max 1–2% account risk per trade; isolated margin + trailing stops
Conclusion
XRP’s modest 0.19% decline to $1.92 on January 23, 2026 reflects short-term risk-off pressure and correlation to Bitcoin rather than any change in fundamentals. Ripple CEO Brad Garlinghouse’s continued optimism for new all-time highs in 2026 — driven by regulatory tailwinds, cross-border adoption, and institutional interest — contrasts with current price action, creating a classic “buy the dip” setup for believers. Technical support near $1.85–$1.90 offers a low-risk entry zone, while a break above $2.00 would signal short-term strength.
Trade XRP dips & potential 2026 rally on Tapbit:
- Sign Up on Tapbit (0% spot trading fees)
- Login & Deposit
- Live XRP/USDT Charts & Futures
Disclaimer: This article is for informational purposes only and does not constitute investment or trading advice. Cryptocurrency markets are highly volatile and subject to regulatory, macroeconomic and sentiment-driven events. Always conduct your own research (DYOR) and never invest more than you can afford to lose completely.
