Friday, 23 January 2026

Update 2 #XRP (Ripple) Price News Today 23-1-2026

#XRP (Ripple) Price News Today 23-1-2026 - XRP Elliott Wave and technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.

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As of January 23, 2026, XRP is trading at approximately $1.91, representing a 1.7% decline over the last 24 hours. The cryptocurrency has experienced a period of high volatility, retreating from a weekly high near $1.98 and testing a critical support zone between $1.85 and $1.91. Buy XRP >>



News & Catalysts

--Technical Outlook: Analysts have identified a "double bottom" pattern near the $1.90 level, which often suggests a potential bullish reversal if XRP can break through the resistance neckline at $2.15–$2.20.

--Infrastructure Growth: Ripple recently announced a major partnership with DXC Technology to integrate blockchain into the Hogan core banking platform, which manages over $5 trillion in deposits.

--Institutional Shift: At the World Economic Forum 2026, Ripple CEO Brad Garlinghouse emphasized XRP's transition from a traded asset to essential infrastructure for tokenized finance. Tokenized asset volume on the XRP Ledger has reportedly grown from $19 trillion to $33 trillion over the past year.

--Regulatory Environment: Market participants are closely watching the Digital Asset Market Clarity Act of 2025 (CLARITY Act), which is currently in the Senate and could provide much-needed regulatory predictability for digital commodities.

Key Insight: While institutional adoption remains strong, the short-term price is under pressure. A failure to hold the $1.85 support level could lead to a retest of the $1.77–$1.81 zone. Conversely, a sustained daily close above $2.03 would signal a potential return toward early January peaks.
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