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XRP Technical Correction Looms as Whales Pivot to ’XRP 2.0’

XRP Technical Correction Looms as Whales Pivot to ’XRP 2.0’

Author:
XRP News
Published:
2026-01-18 09:39:36
17
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XRP is currently exhibiting signs of a potential technical correction, trading at $2.09 as of early 2026. Technical analysis models are forecasting a steep price decline, driven by overbought signals and a noticeable weakening of support from large holders, commonly referred to as 'whales'. This confluence of factors points to significant near-term downside risks for the digital asset. Concurrently, a notable market shift is underway, with institutional capital beginning to migrate away from XRP towards a new project dubbed 'XRP 2.0', formally known as Remittix. This emerging platform is attracting large-scale investor interest due to its advanced payment infrastructure and what is perceived as clearer, more defined real-world use cases in the remittance and payment sector. This strategic pivot by major investors underscores a growing differentiation within the market for payment-focused cryptocurrencies. It highlights a trend where capital is flowing towards projects that demonstrate not only technological promise but also tangible utility and regulatory clarity. The movement suggests that while XRP faces immediate technical headwinds, the broader narrative is evolving towards next-generation solutions that aim to build upon and potentially improve the foundational models established by earlier projects like XRP. The situation presents a critical juncture for XRP, challenging it to reaffirm its value proposition and market position in the face of both technical selling pressure and competitive innovation from successors like Remittix.

XRP Faces Technical Correction as Whales Shift to 'XRP 2.0'

XRP's price action shows signs of vulnerability, with technical models forecasting a steep correction. The token trades at $2.09 amid overbought signals and weakening whale support, suggesting near-term downside risks.

Meanwhile, institutional capital is migrating to Remittix, dubbed 'XRP 2.0,' as its payment infrastructure and clearer use cases attract large investors. This pivot highlights growing market differentiation between legacy tokens and next-generation blockchain solutions.

XRP Stabilizes Near Key Support as Golden Cross Signals Potential Breakout

XRP holds firm at $2.0725 after testing intraday lows of $2.02, with buyers defending the $2.0702 support zone. The token's resilience comes amid mixed crypto market sentiment and a bullish technical formation—its first golden cross of 2026, where the 23-day moving average crossed above the 50-day moving average.

A descending triangle pattern on the 4-hour chart suggests potential bullish divergence, reinforced by an RSI reading of 47.92 showing early upward momentum. Traders eye the $2.28-$2.35 resistance band, where the 200-day EMA poses the next major challenge. A confirmed break above $2.1126 with volume could validate the upside.

Canary Capital CEO Forecasts XRP Dominance in Trillion-Dollar RWA Sector

Steven McClurg, CEO of Canary Capital, has positioned XRP as the future leader in real-world asset (RWA) tokenization—a market projected to reach $1 trillion. Ripple's strategic integrations with Wall Street and institutional partners underscore this trajectory.

The XRP Ledger's adoption for stablecoins like RLUSD and tokenized assets such as Ondo Finance's U.S. treasury fund (OUSG) demonstrates its infrastructure readiness. Partnerships with Securitize, Archax, and abrdn further cement its role in money market funds and precious metals tokenization.

Ripple's prior predictions about XRPL dominating RWAs now align with tangible developments, placing XRP at the center of institutional blockchain adoption.

XRP Faces Bearish Pressure Amid ETF Inflows and Regulatory Uncertainty

Ripple's XRP hovers at $2.06 with $1.28 billion in ETF inflows partially offsetting a descending triangle pattern. The fifth-largest cryptocurrency by market cap ($124.9 billion) shows resilience despite four consecutive down days, with spot ETF demand absorbing selling pressure.

Coinbase's withdrawal of support for the Senate Banking Committee's Market Structure Bill casts shadows over stablecoins and XRP. CEO Brian Armstrong warned the draft legislation would 'kill stablecoin rewards' and entrench traditional banks' dominance—a development that could Ripple through crypto markets.

|Square

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