XRP, the token linked to Ripple, is facing a tough time. It has dropped in 13 out of the last 14 days, losing 16% from its recent high of $2.357. On January 19, 2026, it hit a low of $1.8470 during a flash crash. This is the lowest since early January. Now, the price sits around $1.97, down 3.22% from yesterday’s $2.062. But it bounced back from $1.84.
Traders saw huge losses. Over $40 million in XRP long positions got wiped out in 12 hours. This was part of a bigger crypto wipeout of $873 million. Why is this happening? Let’s break it down with simple facts, market news, and chart analysis.
XRP broke below the key $2.00 level over the weekend. Then, on Monday, it crashed over 7% intraday on exchanges like Binance. This triggered the biggest long liquidation for XRP since November 2025 – $29.7 million on that day alone.
This bounce forms a potential bullish pin bar on charts. It could give short-term hope. But the big picture looks bearish.
Crypto markets hate risk. Right now, global tensions are high:
Joel Kruger from LMAX says: “Crypto markets face heavy downside from rising geopolitical and trade tensions.” Even with positive Ripple news like a $150 million LMAX partnership for RLUSD stablecoin, XRP can’t escape the storm.
XRP charts scream bearish. Here’s why:
Downside Targets:
| Level | Why Important |
|---|---|
| $1.61 | April 2025 lows |
| $1.25 | 2024 minimums |
For a bullish flip, XRP needs to break the channel up, reclaim 200 EMA at $2.56, and clear $2.40 resistance. Not likely now.
The pin bar at $1.90 support is nice, but structure stays bearish. Watch $1.90 – break it, and $1.61 next.
Ripple started in 2012 by Jed McCaleb and Chris Larsen. XRP is its pre-mined token for fast payments. It’s the third-biggest crypto by market cap after Bitcoin and Ethereum.
RippleNet works as a bridge for money transfers. It handles fiat like USD, EUR, or even other cryptos. Banks and firms use it for cheap, quick cross-border sends. Despite price woes, Ripple grows ties with finance – like the LMAX deal for RLUSD in trading.
Short-term: Bearish. But long-term? A “politicized dollar” could boost crypto. If trust in Fed fades, investors may turn to decentralized assets. XRP’s payment tech shines here.
Don’t dream of $100 soon. From $1.97, that’s a 5,000%+ jump. Market cap would top $5.6 trillion – bigger than all crypto now.
Stay updated on XRP news. Geopolitics can shift fast.
shows how macro events crush even strong projects. XRP’s decline mixes technical weakness with global fears. But bounces happen – watch charts closely.
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