XRP crashed to $1.84 on January 19, 2026, triggering $40M liquidations amid Greenland tariff fears and Fed independence crisis.
According to technical analysis, 13 of 14 sessions have been declines, with XRP below the 200 EMA at $2.56, targeting the $1.61-$1.25 levels.
Bullish pin bar forming at $1.90 support, but structural downtrend intact. Breakout requires conquering $2.40 and the 200 EMA simultaneously.
Why XRP price is going down today? Check the current XRP/USDT technical analysis
XRP is
falling for the sixth consecutive session, falling to $1.8470 during Monday's
flash crash on January 19, 2026, the lowest level since early January and
triggering the largest long liquidation since November 2025. The token has now
declined 13 of the last 14 sessions, plunging 16% from last Wednesday's local
peaks at $2.357. Current price stands at $1.97, down 3.22% from yesterday's
$2.062, after recovering from the $1.84 intraday low.
According
to my technical analysis, the bounce from $1.84 to $1.97 creates a potential
bullish pin bar, but the structural trend remains overwhelmingly bearish with
targets at $1.61 (April 2025 lows) and ultimately $1.25 (2024 minimums).
The crash
triggered $40.36 million in XRP liquidations over 12 hours, with $39.14 million
from long positions, representing 96% of total XRP liquidations. This occurred
amid broader crypto carnage that saw $873.31 million in total liquidations,
with $787.75 million from longs as geopolitical tensions and tariff fears
sparked a risk-off cascade.
"Crypto
markets have come under heavy downside pressure as the new week gets underway,
amid a broader deterioration in global risk sentiment," notes Joel Kruger,
crypto strategist at LMAX. "The move lower has been driven primarily by
rising geopolitical and trade tensions."
Kruger's
firm LMAX recently announced a
$150 million partnership with Ripple to integrate RLUSD stablecoin as
collateral for spot crypto, perpetual futures, and CFD trading across
institutional infrastructure. The integration highlights how traditional
finance and crypto derivatives are converging, even as XRP itself experiences
severe technical breakdown."
President
Trump's proposed new tariffs on eight European countries over Greenland
prompted reports the EU is preparing potential counter-tariffs on up to €93
billion of US goods. "A new front has opened in the Atlantic as Europe
braces for a trade war," explains Samer Hasn, Senior Market Analyst at
XS.com. The EU is weighing its "never-before-used anti-coercion tool,
which could result in retaliatory tariffs on $100 billion of American
goods."
"Even
if the takeover of Greenland would not have been a geopolitical shock enough to
shake the market, Trump recklessly insisted on making it so," Hasn adds.
"US stock futures opened significantly lower today".
The Fed
independence crisis compounds uncertainty. "The political headache stems
from a criminal investigation into Fed Chair Jerome Powell, which has
effectively paralyzed the central bank's leadership transition," Hasn
explains. This "institutional friction has immediate consequences for
market sentiment, as uncertainty regarding the Fed's autonomy typically
triggers a flight from dollar-denominated assets."
24-Hour Liquidation Data
Timeframe
Total Liquidations
Long Liquidations
Short Liquidations
24 hours
$873.31M
$787.75M (90.2%)
$85.56M (9.8%)
12 hours
$811.69M
$768.14M (94.6%)
$43.55M (5.4%)
XRP (12h)
$40.36M
$39.14M (96.0%)
$1.22M (4.0%)
Data from
Coinglass confirms XRP witnessed $29.7 million in long liquidations on Monday, the
largest since November 4, 2025, when $36.25 million was liquidated. Bitcoin
fell 3.79% in one hour, dropping from $95,500 to $91,900 before recovering to
$92,800.
XRP fell
below the psychological $2.00 barrier over the weekend and tested $1.8470
during Monday's brief collapse on Binance exchange. Intraday declines reached
over 7%, and from local peaks last Wednesday when the bad series began, XRP has
lost as much as 16%.
Most of the
downward movement has since been reversed, however, and at this moment XRP is
trading at $1.995, down 3.22% from yesterday's $2.062. The cryptocurrency
bounced clearly from the support zone marked on my technical chart at $1.90,
and if it closes in such form, we will get a very large bullish pin bar, which
could be short-term consolation for buyers.
Looking at
what's happening long-term on XRP, however, I don't have good news. 13
out of 14 recent sessions are declines, the trend is still bearish (we're
moving below 200 EMA), now we're falling back below 50 EMA, and we're again in
the area of lows, the lowest since early January 2026.
At the same
time, as I show on my chart, XRP has been moving for many months in a
downward-sloping regression channel. If the cryptocurrency were to get more
breathing room, it would have to break out of it upward and conquer the 200 EMA
while simultaneously breaking resistance at $2.40. Currently, the bearish
scenario seems more likely to me.
How Low Can XRP Go?
According
to my technical analysis, XRP's structural downtrend targets two key levels:
Near-term:
$1.61 (April 2025 lows) - This represents the next major support after breaking $2.00. A
decline to $1.61 would mean 19% drop from current $1.995 levels.
Ultimate
bearish target: $1.25 (2024 minimums) - This is the floor established in 2024.
A fall to $1.25 would mean 37% decline—devastating but consistent with the
months-long downward regression channel.
"Ultimately,
we see a shift from 'market fundamentals' to 'geopolitical theater' as the
primary driver of price action," concludes Hasn from XS.com. "For the
crypto markets, this 'politicized dollar' narrative serves as a long-term bull
case, even if current prices are dipping."
For
real-time XRP technical analysis as price tests $1.90 support with targets at
$1.61-$1.25, follow me on X (Twitter) @ChmielDk. I provide regression channel analysis, pin
bar signals, and liquidation insights.
XRP Price Analysis, FAQ
Why is XRP falling?
XRP is
falling for six consecutive sessions, crashing to $1.84 on January 19, 2026,
amid geopolitical chaos, Trump's Greenland tariffs prompting EU counter-tariffs
on €93B US goods and Fed Chair Powell criminal investigation. This triggered
$873.31M crypto liquidations ($40.36M from XRP longs) as "rising
geopolitical and trade tensions weighed on risk assets," per LMAX's
Kruger. According to my technical analysis, 13 of 14 recent sessions are
declines with XRP below 50 EMA and 200 EMA at $2.56, maintaining structural
downtrend.
Does XRP still have a
future?
Yes, but
the near-term outlook is bearish. According to my technical analysis, XRP
trades in months-long downward-sloping regression channel targeting $1.61
(April lows) and $1.25 (2024 minimums). Long-term, XS.com's Hasn notes
"politicized dollar narrative serves as crypto bull case" if
investors lose faith in Fed autonomy. For bullish reversal, XRP must break
regression channel upward, reclaim 200 EMA at $2.56, and conquer $2.40
resistance simultaneously—currently unlikely given 13 of 14 sessions declining.
Why does XRP keep
crashing?
XRP crashed
13 of last 14 sessions (worst since November 2025) due to structural technical
weakness, price below 200 EMA at $2.56 and 50 EMA at $2.02. As I show on my
chart, XRP moves in downward-sloping regression channel established months ago.
Monday's flash crash to $1.84 triggered largest long liquidation ($40.36M)
since November 2025. Macro headwinds compound: Greenland trade war, Fed
independence crisis, and "shift from market fundamentals to geopolitical
theater," per Hasn. Each rally meets resistance, creating lower highs
pattern.
Could XRP hit $100?
Yes, but not
in the foreseeable future based on current technical structure. According to my
technical analysis, XRP faces immediate downside targets of $1.61 and $1.25, not
upside to $100. At current price $1.975, reaching $100 would require 5,063%
increase with market cap exceeding $5.6 trillion (larger than entire crypto
market).
XRP is
falling for the sixth consecutive session, falling to $1.8470 during Monday's
flash crash on January 19, 2026, the lowest level since early January and
triggering the largest long liquidation since November 2025. The token has now
declined 13 of the last 14 sessions, plunging 16% from last Wednesday's local
peaks at $2.357. Current price stands at $1.97, down 3.22% from yesterday's
$2.062, after recovering from the $1.84 intraday low.
According
to my technical analysis, the bounce from $1.84 to $1.97 creates a potential
bullish pin bar, but the structural trend remains overwhelmingly bearish with
targets at $1.61 (April 2025 lows) and ultimately $1.25 (2024 minimums).
The crash
triggered $40.36 million in XRP liquidations over 12 hours, with $39.14 million
from long positions, representing 96% of total XRP liquidations. This occurred
amid broader crypto carnage that saw $873.31 million in total liquidations,
with $787.75 million from longs as geopolitical tensions and tariff fears
sparked a risk-off cascade.
"Crypto
markets have come under heavy downside pressure as the new week gets underway,
amid a broader deterioration in global risk sentiment," notes Joel Kruger,
crypto strategist at LMAX. "The move lower has been driven primarily by
rising geopolitical and trade tensions."
Kruger's
firm LMAX recently announced a
$150 million partnership with Ripple to integrate RLUSD stablecoin as
collateral for spot crypto, perpetual futures, and CFD trading across
institutional infrastructure. The integration highlights how traditional
finance and crypto derivatives are converging, even as XRP itself experiences
severe technical breakdown."
President
Trump's proposed new tariffs on eight European countries over Greenland
prompted reports the EU is preparing potential counter-tariffs on up to €93
billion of US goods. "A new front has opened in the Atlantic as Europe
braces for a trade war," explains Samer Hasn, Senior Market Analyst at
XS.com. The EU is weighing its "never-before-used anti-coercion tool,
which could result in retaliatory tariffs on $100 billion of American
goods."
"Even
if the takeover of Greenland would not have been a geopolitical shock enough to
shake the market, Trump recklessly insisted on making it so," Hasn adds.
"US stock futures opened significantly lower today".
The Fed
independence crisis compounds uncertainty. "The political headache stems
from a criminal investigation into Fed Chair Jerome Powell, which has
effectively paralyzed the central bank's leadership transition," Hasn
explains. This "institutional friction has immediate consequences for
market sentiment, as uncertainty regarding the Fed's autonomy typically
triggers a flight from dollar-denominated assets."
24-Hour Liquidation Data
Timeframe
Total Liquidations
Long Liquidations
Short Liquidations
24 hours
$873.31M
$787.75M (90.2%)
$85.56M (9.8%)
12 hours
$811.69M
$768.14M (94.6%)
$43.55M (5.4%)
XRP (12h)
$40.36M
$39.14M (96.0%)
$1.22M (4.0%)
Data from
Coinglass confirms XRP witnessed $29.7 million in long liquidations on Monday, the
largest since November 4, 2025, when $36.25 million was liquidated. Bitcoin
fell 3.79% in one hour, dropping from $95,500 to $91,900 before recovering to
$92,800.
XRP fell
below the psychological $2.00 barrier over the weekend and tested $1.8470
during Monday's brief collapse on Binance exchange. Intraday declines reached
over 7%, and from local peaks last Wednesday when the bad series began, XRP has
lost as much as 16%.
Most of the
downward movement has since been reversed, however, and at this moment XRP is
trading at $1.995, down 3.22% from yesterday's $2.062. The cryptocurrency
bounced clearly from the support zone marked on my technical chart at $1.90,
and if it closes in such form, we will get a very large bullish pin bar, which
could be short-term consolation for buyers.
Looking at
what's happening long-term on XRP, however, I don't have good news. 13
out of 14 recent sessions are declines, the trend is still bearish (we're
moving below 200 EMA), now we're falling back below 50 EMA, and we're again in
the area of lows, the lowest since early January 2026.
At the same
time, as I show on my chart, XRP has been moving for many months in a
downward-sloping regression channel. If the cryptocurrency were to get more
breathing room, it would have to break out of it upward and conquer the 200 EMA
while simultaneously breaking resistance at $2.40. Currently, the bearish
scenario seems more likely to me.
How Low Can XRP Go?
According
to my technical analysis, XRP's structural downtrend targets two key levels:
Near-term:
$1.61 (April 2025 lows) - This represents the next major support after breaking $2.00. A
decline to $1.61 would mean 19% drop from current $1.995 levels.
Ultimate
bearish target: $1.25 (2024 minimums) - This is the floor established in 2024.
A fall to $1.25 would mean 37% decline—devastating but consistent with the
months-long downward regression channel.
"Ultimately,
we see a shift from 'market fundamentals' to 'geopolitical theater' as the
primary driver of price action," concludes Hasn from XS.com. "For the
crypto markets, this 'politicized dollar' narrative serves as a long-term bull
case, even if current prices are dipping."
For
real-time XRP technical analysis as price tests $1.90 support with targets at
$1.61-$1.25, follow me on X (Twitter) @ChmielDk. I provide regression channel analysis, pin
bar signals, and liquidation insights.
XRP Price Analysis, FAQ
Why is XRP falling?
XRP is
falling for six consecutive sessions, crashing to $1.84 on January 19, 2026,
amid geopolitical chaos, Trump's Greenland tariffs prompting EU counter-tariffs
on €93B US goods and Fed Chair Powell criminal investigation. This triggered
$873.31M crypto liquidations ($40.36M from XRP longs) as "rising
geopolitical and trade tensions weighed on risk assets," per LMAX's
Kruger. According to my technical analysis, 13 of 14 recent sessions are
declines with XRP below 50 EMA and 200 EMA at $2.56, maintaining structural
downtrend.
Does XRP still have a
future?
Yes, but
the near-term outlook is bearish. According to my technical analysis, XRP
trades in months-long downward-sloping regression channel targeting $1.61
(April lows) and $1.25 (2024 minimums). Long-term, XS.com's Hasn notes
"politicized dollar narrative serves as crypto bull case" if
investors lose faith in Fed autonomy. For bullish reversal, XRP must break
regression channel upward, reclaim 200 EMA at $2.56, and conquer $2.40
resistance simultaneously—currently unlikely given 13 of 14 sessions declining.
Why does XRP keep
crashing?
XRP crashed
13 of last 14 sessions (worst since November 2025) due to structural technical
weakness, price below 200 EMA at $2.56 and 50 EMA at $2.02. As I show on my
chart, XRP moves in downward-sloping regression channel established months ago.
Monday's flash crash to $1.84 triggered largest long liquidation ($40.36M)
since November 2025. Macro headwinds compound: Greenland trade war, Fed
independence crisis, and "shift from market fundamentals to geopolitical
theater," per Hasn. Each rally meets resistance, creating lower highs
pattern.
Could XRP hit $100?
Yes, but not
in the foreseeable future based on current technical structure. According to my
technical analysis, XRP faces immediate downside targets of $1.61 and $1.25, not
upside to $100. At current price $1.975, reaching $100 would require 5,063%
increase with market cap exceeding $5.6 trillion (larger than entire crypto
market).
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia.
His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch.
Education:
MA in Finance and Accounting, Cracow University of Economics
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