Why is XRP price at risk of falling to December lows?
The post Why is XRP price at risk of falling to December lows? appeared on BitcoinEthereumNews.com.
XRP price extended its losing streak to a sixth day on Wednesday as waning institutional appetite and a sector-wide sell-off pushed prices below the critical $2.00 support level. Summary XRP price has lost the $2 key psychological support level after dropping 11% over the past week. XRP ETFs lost their seven-day inflow streak on Tuesday. Technical indicators are signalling a bearish outlook for the short term price trajectory. According to data from crypto.news, XRP (XRP) price lost its key psychological support at $2 earlier this week, mirroring the general performance of the crypto market in general. The fifth-largest crypto asset is down 11.2% over the last seven days, a decline that extends to 20% when measured from its highest point this month. XRP’s recent weakness largely stems from ongoing jitters in the crypto market amid growing U.S. and EU trade concerns revolving around a dispute over Greenland. It was further compounded by news that a widely anticipated critical U.S. crypto market structure bill, known as the CLARITY Act, has faced further delays in the Senate. As a result of these headwinds, demand for the token has waned. Data from SoSoValue shows that the five U.S. XRP ETFs saw a combined $53.3 million in net outflows, ending their seven-day streak that drew in nearly $70 million into the investment products. Investors appear to be shifting toward a risk-off stance while they wait for more definitive signals from both global trade negotiations and the legislative process in Washington. At press time, the Crypto Fear and Greed Index had entered extreme fear territory after dropping 8 points over the past day to 24. Cryptocurrencies typically enter a very bearish phase of capitulation or heightened selling pressure when this metric shows such low levels. On the daily chart, XRP price has fallen below a…
Filed under: News - @ January 21, 2026 10:29 am