XRP’s Davos Drama: Will Brad Garlinghouse Rescue Crypto’s Dismal Parade?

The XRP price stumbled with the grace of a drunken ballerina last Monday, pirouetting down to $1.8500-a low not seen since New Year’s Day and a 23% nose-dive from its January peak. How tragic, how modern 🎭.

panic. Thanks, Trump, for the tariff tantrum! 🌍💸

This week’s plot twist? Garlinghouse will attend Davos, where he’ll pontificate on tokenization alongside a panel of bankers and tech bros. Bill Winters, Brian Armstrong, and a French central banker walk into a bar… no, wait-it’s a World Economic Forum panel! 🎤🍷

Ripple’s RWA data? Modestly impressive. $396 million in tokenized assets, $387 million in stablecoins. Transfers rose 17%-not enough to impress your mother-in-law, but hey, it’s something. Garlinghouse may also sigh about U.S. regulations, where the CLARITY Act drowned in the Senate like a soggy biscuit. 🍪📉

Other catalysts? The Supreme Court’s Trump tariff verdict Tuesday. If axed, inflation might slink away-good news for crypto, which thrives on chaos and bad decisions. 📉⚖️

XRP price technical analysis

The daily chart reveals XRP’s descent into despair: a downward spiral, stubbornly clinging below the 50-day MA like a barnacle on a yacht. Bears reign supreme, but the Murrey Math Lines-crypto’s last hope-suggest a bounce. A hammer candlestick? How poetic. Reversal enthusiasts are already weeping with joy. 🛌📉

Thus, XRP may rebound before or after Garlinghouse’s Davos monologue, clawing back to $2.25. Or it won’t. But hey, candlesticks never lie! 🕯️🤥

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2026-01-20 03:02