#XRP (Ripple) Price News Today 7-1-2026 - XRP Elliott Wave and technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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XRP is currently trading around $2.28 USD, experiencing a decline of approximately 2.67% as of 8:28 AM UTC on January 7, 2026. This price correction follows a significant rally earlier in January where it outperformed both Bitcoin and Ethereum, gaining as much as 25% for the first week of 2026.
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Key Insights
-Market Performance: The token briefly touched a high of approximately $2.40 USD on Tuesday before pulling back today to test key support levels.
-Institutional Inflows: The recent price action is partly attributed to continued strong inflows into spot XRP Exchange-Traded Funds (ETFs), which have not recorded a single day of net outflows since their launch in late 2025. Cumulative inflows sit around $1.37 billion.
-Ripple News: Ripple announced new collaborations with Japanese financial institutions, including Mizuho Bank and SMBC Nikko, to accelerate the adoption of the XRP Ledger. Ripple's president also refuted rumors of acquiring a crypto exchange, focusing instead on "vertical integration".
-Analyst Forecasts: Analysts' 2026 price predictions for XRP vary widely, with conservative estimates around $2.50 USD and more bullish forecasts, such as Standard Chartered's, reaching up to $8.00 USD, contingent on factors like increased regulatory clarity and ETF adoption rates.
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