XRP ETFs Record Second Day of Heavy Outflows as Price Slips Below $2
The post XRP ETFs Record Second Day of Heavy Outflows as Price Slips Below $2 appeared on BitcoinEthereumNews.com.
Altcoins United States-listed spot XRP exchange-traded funds recorded a net outflow of $53.31 million on January 21, marking the second consecutive day of withdrawals, according to data from SoSoValue. The move suggests that investors continue to trim exposure following last week’s broader market pullback. Key takeaways U.S.-listed spot XRP ETFs posted a second straight daily outflow of $53.31 million. XRP price slipped below $2.00, with RSI and MACD signaling weak momentum. Ongoing risk-off sentiment and geopolitical tensions continue to pressure crypto markets. ETF outflows often reflect short-term risk aversion rather than long-term conviction shifts, but consecutive negative days tend to amplify caution around near-term price action. For XRP, the timing of the withdrawals coincides with a period of technical weakness across the crypto market. XRP Price Slips as Momentum Fades XRP fell below the $2.00 level earlier this week and is now trading near $1.89, struggling to regain upside momentum. On the 4-hour chart, the asset remains below recent swing highs, with sellers defending rallies aggressively. Momentum indicators reinforce the cautious tone. The Relative Strength Index (RSI) is hovering just above the oversold zone, suggesting selling pressure has eased slightly but not yet reversed. Meanwhile, the MACD remains in negative territory, indicating that bearish momentum is still dominant despite minor stabilization attempts. Broader Risk-Off Backdrop Weighs on Crypto The ETF outflows and XRP’s price weakness are unfolding against a wider risk-off environment. Renewed geopolitical tension and fresh tariff threats from U.S. President Donald Trump toward the European Union have pushed investors toward defensive assets, draining liquidity from risk markets, including cryptocurrencies. As capital rotates away from digital assets, even large-cap tokens like XRP are feeling the impact, particularly when institutional vehicles show sustained redemptions. What to Watch Next Whether XRP can stabilize above the $1.85-$1.90 range may determine short-term direction.…
Filed under: News - @ January 21, 2026 4:31 pm