📉 XRP has fallen below USD 2 after six consecutive days of correction, driven by fears of a trade war due to tariff threats from President Trump related to Greenland. Despite positive flows in ETFs and high transaction volume on its ledger, the price ignores these bullish fundamentals.
✅Causes of the decline
The widespread sell-off affects the crypto market, with Bitcoin at USD 92,000 and Ether close to USD 3,000, along with liquidations of USD 788.9 million in long positions, including USD 39.5 million in XRP. The open interest in XRP derivatives fell by 21.7% to USD 3.56 billion.
✅Ignored positive fundamentals
XRP ETFs recorded daily inflows last week, accumulating USD 1.28 billion and assets of USD 1.52 billion; on Friday, they added USD 1.12 million. Transactions on the XRP Ledger reached 2,575,561 on Wednesday, the highest in six months.
✅Key support levels
Current support at USD 1.96 (1.78 billion XRP bought), followed by USD 1.78-1.80 (1.84 billion). A breakout could lead to USD 1.61 or USD 1.41 (200-week EMA); RSI shows record bearish momentum in 2026.
✅Recent updates (January 2026)
XRP price around USD 1.98 on January 19, near resistance at USD 1.98-2.00. ETFs accumulate USD 1.27-1.37 billion with weekly inflows of USD 55-56 million.
