Why the XRP price remains low and might drop even more

crypthub

1/22/2026, 11:10:16 AM

Market Weakness

XRP remains stuck near $1.95 after a brief rally above $2, showing no sign of a bullish reversal. Selling pressure continues while both retail and institutional confidence wanes. The cryptocurrency’s price has been volatile but essentially flat, echoing last year’s weakness.

Institutional Outflows

Spot XRP ETFs recorded their second and largest outflow since launch, with $53.32 million leaving on January 20. Grayscale’s GXRP saw more than $55.39 million exit, while other providers posted zero or minor inflows. Continuing outflows could further depress XRP’s price if institutional demand stays low.

Reduced Trading Interest

XRP futures open interest fell to $3.35 billion, the lowest level since early 2026, indicating dwindling trader engagement. The decline coincides with heightened geopolitical and regulatory uncertainty and a crypto Fear & Greed Index in extreme fear territory. Lower optimism may keep XRP’s upside potential limited.