XRP Price Slips Toward $1.83 as Bearish Momentum Holds

In the current market environment, XRP is slipping toward approximately $1.83, underscoring persistent bearish momentum. CoinGecko reflects a real-time range roughly between $1.84 and $1.92 over the past 24 hours, positioning the token at the lower end of its near-term trading band. This mirrors subdued investor sentiment, where long-term holders show signs of diminished accumulation, and whale wallets are trimming substantial positions.
Below, the unfolding narrative explores the technical undertones, institutional context, broader crypto comparisons, and potential paths ahead—crafted with a hint of unpredictability and human-like nuance.
Technical Trends and On-Chain Data: Slowing Momentum and Strategic Withdrawals
Early Shift in Holder Behavior
Recent blockchain data indicates that long-term holders are either standing still or reducing activity, a signal often associated with slowing bullish conviction . Simultaneously, whale addresses—those with 10 to 100 million XRP—have collectively shed around 90 million XRP, representing a nearly $170 million shift out of hands accustomed to long-term accumulation.
Downward Pressure and Price Range Dynamics
As the token approaches the $1.83 mark, it trades near the lower limit of today’s band—a potential precursor to further downside if the bearish pressure doesn’t relent. The technical setup suggests that a break below $1.80 may invite deeper corrective action. Yet, conversely, a bounce from this level could signal a short-lived relief rally—depending on whether buyers step in decisively.
Market Sentiment and Institutional Flows: ETF Outflows Signal Caution
Deteriorating Institutional Appetite
Institutional vehicles such as XRP ETFs are also feeling the chill: combined products saw about $40.5 million in net outflows in the week ending January 23. This is a tangible sign of cooling interest at broader institutional levels.
Sentiment Overview
Market sentiment remains bearish overall. About 79% of respondents—on sentiment tracking platforms—express pessimism or unease, contrasting with just 21% showing confidence. This sentiment mixture weighs on speculative upside, amplifying the bearish technical undertone.
External Influences and Regulatory Fog
Broader macro uncertainties and regulatory inactivity continue to loom over XRP’s trajectory. Expectations of fresh regulation or clearer guidance—such as developments related to digital currency acts or regulatory clarity—are deferred to later in 2026, diluting bullish speculative momentum .
Broader Crypto Comparison: XRP Underperforms in the Market
Even compared to its broader crypto peers, XRP is underperforming. In the past week, it has dropped approximately 10%, while broader markets have declined by around 8%—making XRP notably lag behind similar Coinbase 50 Index assets, which saw flat or marginal gains .
Expert Insight
“When major holders begin to trim positions while sentiment turns defensive, price rarely stabilizes quickly,” says a seasoned chart analyst. “Unless new positive catalysts emerge like regulatory clarity or renewed institutional buying, the risk of further downside remains elevated.”
Conclusion: Navigating the Ripple Waters Ahead
XRP’s slide toward $1.83—or possibly below—reflects a convergence of technical weakness, cautious sentiment, and cooling institutional interest. The key pivot hinges on whether support holds near this range, or if further structural catalysts emerge. All eyes are on potential regulatory breakthroughs or a rebound in institutional flows to reset the tone.
In the meantime, stakeholders should: – Monitor on-chain signals for renewed accumulation. – Watch ETF flow data for any reversal in institutional sentiment. – Track macro and regulatory developments closely as potential market anchors.

