{"id":20097,"date":"2026-01-18T13:21:54","date_gmt":"2026-01-18T13:21:54","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-forms-a-double-bottom-as-weekly-etf-inflows-jump-47\/"},"modified":"2026-01-18T13:22:00","modified_gmt":"2026-01-18T13:22:00","slug":"xrp-price-forms-a-double-bottom-as-weekly-etf-inflows-jump-47","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-forms-a-double-bottom-as-weekly-etf-inflows-jump-47\/","title":{"rendered":"XRP price forms a double-bottom as weekly ETF inflows jump 47%"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price moved into a correction after falling by over 15% from its highest level this year despite the encouraging Ripple news.<\/p>\n<div id=\"cn-block-summary-block_3024b732852d18048cdd6379b3df982e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price has formed a double-bottom pattern on the four-hour chart.<\/li>\n<li>Data shows that spot XRP ETFs added over $56 million in assets last week.<\/li>\n<li>Ripple Labs has received licenses from the UK and Luxembourg.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) token dropped to $2.0520, much lower than the year-to-date high of $2.4. Its market capitalization has pulled back to $125 billion.\u00a0<\/p>\n<p>XRP price has retreated even as data shows that ETF inflows have started to climb. These funds <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-xrp-spot\" target=\"_blank\" rel=\"nofollow\">added<\/a> $56 million in assets last week, a 47% increase from the previous week\u2019s $38 million.\u00a0<\/p>\n<p>They have added $108 million in assets this week, bringing the total assets to $1.52 billion, which is equivalent to 1.2% of its market cap. This percentage means that XRP ETFs have a long way to go to catch up with Bitcoin (BTC) and Ethereum (ETH) funds, which have 6.5% and 5.4%.<\/p>\n<p>XRP price has retreated despite Ripple making some important announcements this year. The most important one was that Ripple Labs received licenses from the United Kingdom and Luxembourg, a move that will enable it to make deals with more European companies.<\/p>\n<p>The licenses came less than a month after Ripple received a banking charter from the Office of the Comptroller of the Currency in the United States.\u00a0<\/p>\n<p>Meanwhile, XRP token will likely see more demand in the coming weeks after Evernorth goes public in a SPAC merger. The company has already accumulated millions of XRP tokens, and going public will enable it to get more capital to accumulate the token.<\/p>\n<p>The company plans to generate yield through regulated DeFi strategies, including validator participation on the XRP Ledger\u00a0\u00a0<\/p>\n<p>Meanwhile, more investors are moving their XRP tokens to Flare\u2019s FXRP, which has accumulated a DeFi TVL of over $150 million.<\/p>\n<h2 class=\"wp-block-heading\">XRP price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-large\"><\/figure>\n<p>XRP price chart | Source: crypto.news\u00a0<\/p>\n<p>The four-hour chart shows that the XRP price has retreated from a high of $2.4165 on January 6 to the current $2.05. It has moved below the 50% Fibonacci Retracement level, confirming the bearish outlook.<\/p>\n<p>The token has also dropped below the 50-day and 100-day Exponential Moving Averages and the Supertrend indicator.<\/p>\n<p>On the positive side, it has formed a double-bottom pattern at $2.04 and a neckline at $2.188. This pattern often leads to a bullish reversal.<\/p>\n<p>Therefore, the coin\u2019s outlook is bullish as long as it remains above the double-bottom level at $2.03. A move below that level will point to more downside, potentially to the 78.6% retracement level at $1.9127.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price moved into a correction after falling by over 15% from its highest level this year despite the encouraging Ripple news. Summary XRP price has formed a double-bottom pattern&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20097"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20097\/revisions"}],"predecessor-version":[{"id":20098,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20097\/revisions\/20098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12587"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}