XRP isfalling for the sixth consecutive session, falling to $1.8470 during Monday'sflash crash on January 19, 2026, the lowest level since early January andtriggering the largest long liquidation since November 2025. The token has nowdeclined 13 of the last 14 sessions, plunging 16% from last Wednesday's localpeaks 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.Accordingto my technical analysis, the bounce from $1.84 to $1.97 creates a potentialbullish pin bar, but the structural trend remains overwhelmingly bearish withtargets at $1.61 (April 2025 lows) and ultimately $1.25 (2024 minimums).Let’s checktogether why XRP is going down today and how low can the Ripple’s token pricego.Why XRP Is Going Down? GeopoliticalChaos Triggers $873M Crypto LiquidationsThe crashtriggered $40.36 million in XRP liquidations over 12 hours, with $39.14 millionfrom long positions, representing 96% of total XRP liquidations. This occurredamid broader crypto carnage that saw $873.31 million in total liquidations,with $787.75 million from longs as geopolitical tensions and tariff fearssparked a risk-off cascade."Cryptomarkets 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 byrising geopolitical and trade tensions."Kruger'sfirm LMAX recently announced a$150 million partnership with Ripple to integrate RLUSD stablecoin ascollateral for spot crypto, perpetual futures, and CFD trading acrossinstitutional infrastructure. The integration highlights how traditionalfinance and crypto derivatives are converging, even as XRP itself experiencessevere technical breakdown."PresidentTrump's proposed new tariffs on eight European countries over Greenlandprompted reports the EU is preparing potential counter-tariffs on up to €93billion of US goods. "A new front has opened in the Atlantic as Europebraces for a trade war," explains Samer Hasn, Senior Market Analyst atXS.com. The EU is weighing its "never-before-used anti-coercion tool,which could result in retaliatory tariffs on $100 billion of Americangoods.""Evenif the takeover of Greenland would not have been a geopolitical shock enough toshake the market, Trump recklessly insisted on making it so," Hasn adds."US stock futures opened significantly lower today".The Fedindependence crisis compounds uncertainty. "The political headache stemsfrom a criminal investigation into Fed Chair Jerome Powell, which haseffectively paralyzed the central bank's leadership transition," Hasnexplains. This "institutional friction has immediate consequences formarket sentiment, as uncertainty regarding the Fed's autonomy typicallytriggers a flight from dollar-denominated assets."24-Hour Liquidation DataData fromCoinglass confirms XRP witnessed $29.7 million in long liquidations on Monday, thelargest since November 4, 2025, when $36.25 million was liquidated. Bitcoinfell 3.79% in one hour, dropping from $95,500 to $91,900 before recovering to$92,800.XRP Technical Analysis: 13of 14 Sessions Down, Structural Bear IntactXRP fellbelow the psychological $2.00 barrier over the weekend and tested $1.8470during Monday's brief collapse on Binance exchange. Intraday declines reachedover 7%, and from local peaks last Wednesday when the bad series began, XRP haslost as much as 16%.Most of thedownward movement has since been reversed, however, and at this moment XRP istrading at $1.995, down 3.22% from yesterday's $2.062. The cryptocurrencybounced 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, whichcould be short-term consolation for buyers.Looking atwhat's happening long-term on XRP, however, I don't have good news. 13out of 14 recent sessions are declines, the trend is still bearish (we'removing below 200 EMA), now we're falling back below 50 EMA, and we're again inthe area of lows, the lowest since early January 2026.Key XRP Technical LevelsMonday crash low: $1.8470 (flash crash, largest liquidation since Nov 2025)Current price: $1.97 (Jan 19, 2026, down 3.22% from $2.062)Support zone: $1.90 (strong bounce, bullish pin bar forming)Breakdown level: $2.00 (psychological barrier broken)Recent high: $2.357 (Jan 6, 2026 - down 15.4% since)Session record: 13 of 14 recent sessions are declines200 EMA: Overhead resistance (trend bearish)50 EMA: Price falling back below (bearish signal)Key resistance: $2.40 (must break with 200 EMA for bullish reversal)Accordingto my technical analysis, I remain a structural bear on the XRP chart and amtargeting declines to $1.61 (April 2025 lows) andultimately even to the $1.25 level, the 2024 minimums.At the sametime, as I show on my chart, XRP has been moving for many months in adownward-sloping regression channel. If the cryptocurrency were to get morebreathing room, it would have to break out of it upward and conquer the 200 EMAwhile simultaneously breaking resistance at $2.40. Currently, the bearishscenario seems more likely to me.How Low Can XRP Go?Accordingto 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. Adecline to $1.61 would mean 19% drop from current $1.995 levels.Ultimatebearish 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 themonths-long downward regression channel."Ultimately,we see a shift from 'market fundamentals' to 'geopolitical theater' as theprimary driver of price action," concludes Hasn from XS.com. "For thecrypto markets, this 'politicized dollar' narrative serves as a long-term bullcase, even if current prices are dipping."Forreal-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, pinbar signals, and liquidation insights.XRP Price Analysis, FAQWhy is XRP falling? XRP isfalling for six consecutive sessions, crashing to $1.84 on January 19, 2026,amid geopolitical chaos, Trump's Greenland tariffs prompting EU counter-tariffson €93B US goods and Fed Chair Powell criminal investigation. This triggered$873.31M crypto liquidations ($40.36M from XRP longs) as "risinggeopolitical and trade tensions weighed on risk assets," per LMAX'sKruger. According to my technical analysis, 13 of 14 recent sessions aredeclines with XRP below 50 EMA and 200 EMA at $2.56, maintaining structuraldowntrend.Does XRP still have afuture?Yes, butthe near-term outlook is bearish. According to my technical analysis, XRPtrades 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" ifinvestors lose faith in Fed autonomy. For bullish reversal, XRP must breakregression channel upward, reclaim 200 EMA at $2.56, and conquer $2.40resistance simultaneously—currently unlikely given 13 of 14 sessions declining.Why does XRP keepcrashing?XRP crashed13 of last 14 sessions (worst since November 2025) due to structural technicalweakness, price below 200 EMA at $2.56 and 50 EMA at $2.02. As I show on mychart, 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, Fedindependence crisis, and "shift from market fundamentals to geopoliticaltheater," per Hasn. Each rally meets resistance, creating lower highspattern.Could XRP hit $100?Yes, but notin the foreseeable future based on current technical structure. According to mytechnical analysis, XRP faces immediate downside targets of $1.61 and $1.25, notupside to $100. At current price $1.975, reaching $100 would require 5,063%increase with market cap exceeding $5.6 trillion (larger than entire cryptomarket). This article was written by Damian Chmiel at www.financemagnates.com.