XRP News Summary: Regulatory Jitters Test XRP Despite ETF Demand
Published: January 10, 2026
Key Points
- XRP has experienced a decline for four consecutive sessions due to concerns over a potential delay in the Market Structure Bill markup.
- Despite this, XRP's bullish structure remains intact as it holds above the critical $2.0 support level.
- Improving demand for XRP-spot ETFs and ongoing legislative progress are seen as positive catalysts for price movement.
Market Overview
XRP's price fell from $2.4151 to below $2.1, marking a four-day losing streak. This decline was primarily influenced by legislative developments overshadowing a rise in demand for XRP-spot ETFs. However, the short-term and medium-term outlooks remain cautiously bullish, supported by strong ETF demand and increased utility for XRP.
Impact of Market Structure Bill Delay
On January 9, news emerged regarding a potential delay in the Senate Agriculture Committee's markup of the Market Structure Bill, initially scheduled for January 15. This delay could push the timeline for a Senate floor vote to the second quarter of 2026, which may dampen institutional demand for XRP.
Senate Agriculture Committee Chair John Boozman is considering this delay as bipartisan talks progress, which could further impact XRP's price negatively.
XRP's Sensitivity to Legislation
Despite favorable court rulings classifying XRP as a non-security, the token remains highly sensitive to regulatory developments. The SEC's withdrawal of its appeal against a ruling in favor of Ripple has solidified XRP's status, yet market reactions to legislative news continue to drive price fluctuations.
ETF Market Dynamics
While legislative concerns weighed on market sentiment, the XRP-spot ETF market saw a resurgence in demand, with net inflows reported on January 8 and 9. The 21Shares XRP ETF has faced outflows, contrasting with the success of the Canary XRP ETF, which has garnered significant inflows since its launch.
Price Outlook
The current price action suggests a cautiously bullish outlook for XRP, with targets set at $2.5 in the short term and $3.0 in the medium term. However, several risks could derail this positive trajectory, including potential outflows from XRP-spot ETFs and adverse economic indicators.
Technical Analysis
XRP closed at $2.0926 on January 9, below the 200-day EMA but above the 50-day EMA. Key support levels to watch include $2.0, $1.75, and $1.50, while resistance levels are set at $2.5, $3.0, and $3.66. A breakout above the 200-day EMA would signal a bullish trend reversal.
Conclusion
Looking ahead, XRP's price will be influenced by upcoming economic reports, central bank policies, and legislative developments. A favorable outcome regarding the Market Structure Bill and continued demand for XRP-spot ETFs could reinforce the bullish outlook, with longer-term targets suggesting potential price movements above historical highs.