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On-chain data from January 30th shows that the number of XRP millionaire wallets has surged by 42 since the beginning
The digital asset XRP is currently being traded at $1.60 and the Relative Strength Index (RSI) stands at 28.57, indicating oversold conditions. Analysis of the technical aspects indicates a possibility of a rebound towards the $1.87 resistance level as Ripple is in a phase of consolidation near the lower Bollinger Band support.
XRP’s 6% slide is being wrongly pinned on WisdomTree’s withdrawal of their spot XRP ETF filing, according to a seasoned analyst. source:
On January 29, 2026, the XRP spot ETF experienced a record *net outflow of $92.9 million*, marking its largest single-day
XRP trades around $1.65, stabilizing after recent volatility. Analysts warn of a potential breakdown but see historical trends suggesting price targets between $7 and $27.1Large XRP holders have transferred substantial amounts, often for wallet management or exchange reasons. However, this activity hasn't resulted in price stabilization or higher trading volume.2