- XRP fell to $1.84 on January 19, 2026, amid geopolitical tensions and $40M in liquidations, marking 13 losses in 14 sessions.
- The coin remains in a bearish trend, targeting $1.61–$1.25 unless it breaks key resistance at $2.40 and the 200 EMA.
XRP’s downtrend continued on January 19, as it crashed to $1.84, marking 13 losses in 14 sessions. This decline triggered $40 million in XRP liquidations amid fears of Greenland tariffs and a Fed independence crisis, leaving investors questioning how low it could drop.
Geopolitical Tensions Trigger Massive Liquidations
The market downturn was fueled by broader geopolitical chaos. Trump’s proposed tariffs on eight European countries over Greenland led the EU to consider retaliatory tariffs on up to €93 billion of U.S. goods. This risk-off environment caused $873 million in total crypto liquidations within 24 hours, with XRP alone accounting for $40.36 million of long position liquidations.
Joel Kruger, crypto strategist at LMAX, commented, “The move lower has been driven primarily by rising geopolitical and trade tensions.” Compounding the uncertainty is the Fed independence crisis, stemming from a criminal investigation into Chair Jerome Powell, which has stalled central bank leadership transitions and spooked dollar-denominated markets.
XRP Technical Analysis: Downtrend Remains Intact
Despite a small bounce from $1.84 to $1.97, forming a potential bullish pin bar, XRP’s structural downtrend remains intact. The token has consistently traded below its 200 EMA at $2.56 and 50 EMA at $2.02, signaling continued weakness. To reverse this trend, XRP would need to break above $2.40 while reclaiming the 200 EMA, a scenario currently unlikely given persistent selling pressure.
Key technical levels include:
- Support: $1.90 (bullish pin bar forming)
- Near-term target: $1.61 (April 2025 lows)
- Ultimate bearish target: $1.25 (2024 minimums)
- Resistance: $2.40 alongside 200 EMA for trend reversal
Months-long trading in a downward-sloping regression channel suggests any rally is likely to face resistance, reinforcing the bearish outlook.
How Low Could XRP Go?
Experts predict XRP could fall further if market conditions deteriorate. Near-term, the token may test $1.61, representing a 19% drop from current levels, and potentially decline to $1.25 if structural downtrend persists. XS.com analyst Samer Hasn notes, “Ultimately, we see a shift from ‘market fundamentals’ to ‘geopolitical theater’ as the primary driver of price action,” highlighting how global politics increasingly dictate crypto prices.
Outlook: Short-Term Bearish, Long-Term Possibilities
While XRP faces immediate downward pressure, long-term prospects remain tied to market confidence and potential geopolitical shifts. Any meaningful recovery requires breaking the regression channel upward, reclaiming the 200 EMA, and surpassing $2.40 resistance. Until then, XRP’s technical structure and macro headwinds suggest caution for traders.
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