#XRP (Ripple) Price News Today 20-1-2026 - XRP Elliott Wave and technical analysis, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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XRP is trading at approximately $1.93 as of January 20, 2026, following a sharp 3.8% to 4% decline over the last 24 hours. The price recently slipped below the critical $2.00 psychological support level, triggered by a broader cryptocurrency market correction and a "liquidation cascade" that flushed out leveraged positions.
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News & Catalysts
--Market-Wide Correction: The total crypto market cap dropped 3% today to $3.21 trillion, with 95 of the top 100 assets posting losses.
--Liquidation Cascade: XRP's drop below $2.05 triggered forced sell-offs, resetting leveraged positioning and leading to a period of tentative stabilization.
--Institutional Progress: Despite price weakness, Ripple recently secured preliminary authorization for an e-money license in Luxembourg, following its recent FCA authorization in the UK.
--Bearish Technicals: The asset remains below its EMA20 ($2.04), and the RSI at 43 indicates neutral-to-bearish momentum.
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