XRP Breakdown: XRP Slips Below $2 After Failed Rally, What’s Next?
Yahoo Finance·2026-01-20 07:15

XRP slipped under the 2levelafterTrumpstariffcommentstowardEuropeshookglobalmarkets,butthemoveisnotasbearishastheheadlinemakesitsound.Droppingbelow2 level after Trump’s tariff comments toward Europe shook global markets, but the move is not as bearish as the headline makes it sound. Dropping below 2 reflects shaky confidence after a short period of weak stabilization. Selling pressure has cooled compared to the initial shock, but real dip buyers have not stepped in yet. Most traders are still in risk-management mode as recent technical damage and positioning imbalances keep price capped. Despite the 4% drop in the past 24 h ...