The announcement of tariffs by Trump instigated a severe wave of liquidations across global markets, impacting XRP among other cryptocurrencies. The price of XRP fell sharply below the $1.5 mark as a result of widespread panic selling.

Previously resting around $2.4, the cryptocurrency now navigates an unstable market that is highly responsive to ongoing macroeconomic conditions.

XRP Price Analysis

By Shayan

Daily Chart Overview

The crypto landscape witnessed a drastic selloff after President Donald Trump suggested a 100% tariff on Chinese goods, leading to heightened risk aversion worldwide. This development resulted in a drastic reduction of $900 billion in total crypto market capitalization before a slight recovery phase.

XRP fell from a resistance range of $3.0 to $3.1, decisively penetrating a lengthy symmetrical triangle pattern formed since July. This rejection triggered by the descending trendline aligned with a broader market downturn, propelling XRP down toward the $1.2 support level—marking a staggering 55% decline.

Despite the crash’s severity, the overarching market structure remains intact, contingent on XRP maintaining its price above a specific ascending green trendline which connects significant higher lows from earlier 2025. A rebound in this zone could retain the bullish posture and set the foundation for further upward movement.

Daily Chart

4-Hour Chart Overview

Examining the 4-hour chart, the scale of the macroeconomic shock manifests more clearly. XRP penetrated both mid-range structures and a horizontal demand zone around $2.8, triggering numerous forced sell-offs among traders in over-leveraged long positions. The drop below $1.2 underscores the extent of panic, though a subsequent recovery hints at early stabilization as buyers move in to tackle the overwhelming selling pressure.

Currently, XRP aims to reclaim the previously breached section between $2.7 and $2.8, now acting as short-term resistance. Successfully closing above this point, followed by retesting as support, may initiate a relief rally targeting $3, where additional selling clusters loom. Conversely, inability to reclaim this level would affirm bearish control, likely pulling the asset further down toward the $2.2 to $2.0 region.

Momentum indicators are reflecting a mixed outlook. With the RSI deep in the oversold range, it indicates that selling pressure may soon fade, hinting at a potential recovery. Nevertheless, any rebound is expected to be volatile, heavily reliant on market sentiments influenced by recent tariff implications.

4-Hour Chart

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