XRP Tumbles Below $2 as Macro Headwinds and Technical Breakdown Trigger Altcoin Selloff
XRP has lost a lot of value in the last 24 hours, going below the important $2.00 psychological barrier. This is happening as the broader
Quick overview
- XRP has dropped below the $2.00 psychological barrier, currently trading at $1.96 amid broader market pressures.
- The decline was triggered by President Trump's announcement of new tariffs on the EU, leading to a risk-off sentiment in financial markets.
- XRP's price has broken through critical support levels, indicating a bearish trend, with potential further declines if key support zones are not maintained.
- Large investors are moving significant amounts of XRP to exchanges, suggesting profit-taking after a substantial price increase earlier this year.
XRP XRP/USD has lost a lot of value in the last 24 hours, going below the important $2.00 psychological barrier. This is happening as the broader cryptocurrency markets suffer further pressure from macroeconomic uncertainties and technical problems. The digital asset is currently worth $1.96, which is a drop that has made it less valuable than Bitcoin during a time when people were more afraid of risk in digital asset markets.
Tariff Fears Spark Flight From Altcoins
The main reason XRP’s price fell right away was because President Trump announced fresh tariffs on the European Union, which made the economy more shaky. This news has caused a classic risk-off rotation in financial markets. Traditional safe havens like gold have risen 2.3%, while cryptocurrencies have been sold off.
Altcoins have been hit the hardest by this market move. XRP’s 4.3% reduction is much more than Bitcoin’s BTC/USD 2.5% drop. This difference shows that XRP has a greater beta, which means that it tends to make bigger fluctuations in the market when things are uncertain. The crypto Fear & Greed Index is at 45 out of 100, which means that people are feeling neutral. The altcoin season metrics have dropped 7% in the last week, which means that people are less interested in riskier digital assets.
Bitcoin’s dominance has risen to 59.05%, close to 2025 highs, as traders move money to the relative safety of the biggest cryptocurrency. Since the U.S.-EU tariff talks have a deadline of February 1, people in the market are being careful until they get firmer indications.
XRP/USD Technical Analysis: Critical Support Breaks Down
From a technical point of view, XRP has broken through a number of important support levels that had been keeping selling pressure at bay. The drop below $2.00 sparked off a chain reaction of stop-loss orders. The asset temporarily dropped to $1.847 before rising back to its current level of approximately $1.96.
XRP is now trading well below its 200-day Exponential Moving Average of $2.35, which means that sellers have taken control of short-term momentum. The 100-hour Simple Moving Average has been lost. The 14-period Relative Strength Index (RSI) is at 45.25, which means the market is neutral to negative. The 7-day RSI, on the other hand, is at 35.79, which means the market is oversold.
The MACD indicator has printed a bearish crossover below its signal line, which is usually seen as a sell signal. This is probably the most worrying thing for bulls. The breakdown also made an ascending triangle pattern that had been bullish and showed more upside potential invalid.
The 78.6% retracement of XRP’s surge from July is now around $1.94, which is the key Fibonacci support level. Right now, $1.98 looks like the first level of resistance, and $2.02 is the key level where a reversal scenario could start to look more likely. For near-term sentiment to return to neutral, the price would need to stay over $2.00 for a long time.
XRP Whale Activity Signals Profit-Taking
On-chain data shows that large investors have been moving a lot of XRP—65.5 million XRP worth about $129 million—to centralized exchanges like Coinbase in the last 24 hours. This flow directed by the exchange usually comes before selling, as holders move their assets to places where they can be sold.
This transfer is part of a larger pattern over the past 30 days, during which major wallet addresses have lost 300 million XRP. Exchange reserves have reached 2.6 billion XRP, which is 4.3% of the total supply and the highest level since August 2025.
This steady pattern of selling doesn’t mean panic selling, but it does show that early investors and whales are taking profits after XRP’s spectacular 340% rise from its lows in January 2025. SoSoValue data show that spot XRP ETF flows had $56.83 million in net inflows last week, which should help balance things out.
XRP Price Forecast: Testing Critical Support Zones
The technical and fundamental picture shows that XRP is likely to go down even further in the near future until macro conditions stabilize and major resistance levels are regained. The immediate support zone is between $1.90 and $1.93. This level must hold to keep the price from going down below $1.85, which was the low in January.
If $1.85 isn’t defended, the price could drop to $1.70, where longer-term support would show up. On the positive side, bulls need to clearly take back $2.00, then $2.065, and finally $2.10 to cancel out the bearish technical setup.
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