XRP is experiencing one of its most brutal declines of the year. After dropping over 15% in a single day, analysts warn the token could plunge as low as $1.00, marking a 44% correction from recent highs. The crypto market has entered a state of fear known as “Black Monday,” as Trump’s tariff shockwaves spread across global assets.
🌩️ Trump’s Trade War Sends Markets into Turmoil
President Trump’s aggressive trade stance and sweeping tariffs have sparked massive market selloffs, affecting everything from stocks to crypto. The uncertainty surrounding global trade has traders in full risk-off mode.
🔹 Google searches for “Black Monday” have surged to a score of 100,
🔹 Crypto market cap dropped 9% to $2.4 trillion,
🔹 S&P 500 futures fell 2.88% in pre-market trading.
📉 XRP Bleeds: Technical Breakdown and Liquidations Mount
XRP is currently trading at $1.70, the lowest price in over two months. If bearish momentum continues, analysts believe it could collapse further — down to $1.00, a 44% drawdown from its recent peak.
According to Coinglass, over $40 million in open XRP positions were liquidated, with $36 million in long positions wiped out, adding further sell-side pressure and fueling the freefall.
📊 Bearish Signals Intensify
The technical setup for XRP is deteriorating fast:
🔻 XRP has broken through a major support zone,
🔻 Price fell below the 200-day SMA,
🔻 50-day SMA is crossing under the 150-day SMA — a bearish crossover,
🔻 RSI dropped to 30, signaling heavy selling pressure.
While oversold RSI could indicate short-term relief, the overall trend remains decisively bearish. Legendary trader Peter Brandt echoed this view, stating that XRP is likely to crash to $1.00 if support fails to hold.
🔻 Risk-Off Sentiment Deepens
As the trade war escalates, investors are dumping risky assets. XRP’s open interest dropped below $3 billion, and funding rates have flipped negative, signaling that short sellers are dominating the market.
⚠️ What’s Next?
Trump may say, “Our country will be stronger than ever,” but the markets aren’t buying it. His comment about being “open to talks” lacked any concrete easing — and fear continues to drive sentiment.
XRP is walking the edge.
Will it become the next casualty of shattered optimism — or find its floor and bounce back?
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XRP in Freefall: 44% Crash Looms as Trump's Tariffs Trigger Wave of Panic
XRP is experiencing one of its most brutal declines of the year. After dropping over 15% in a single day, analysts warn the token could plunge as low as $1.00, marking a 44% correction from recent highs. The crypto market has entered a state of fear known as “Black Monday,” as Trump’s tariff shockwaves spread across global assets.
🌩️ Trump’s Trade War Sends Markets into Turmoil President Trump’s aggressive trade stance and sweeping tariffs have sparked massive market selloffs, affecting everything from stocks to crypto. The uncertainty surrounding global trade has traders in full risk-off mode. 🔹 Google searches for “Black Monday” have surged to a score of 100,
🔹 Crypto market cap dropped 9% to $2.4 trillion,
🔹 S&P 500 futures fell 2.88% in pre-market trading.
📉 XRP Bleeds: Technical Breakdown and Liquidations Mount XRP is currently trading at $1.70, the lowest price in over two months. If bearish momentum continues, analysts believe it could collapse further — down to $1.00, a 44% drawdown from its recent peak. According to Coinglass, over $40 million in open XRP positions were liquidated, with $36 million in long positions wiped out, adding further sell-side pressure and fueling the freefall.
📊 Bearish Signals Intensify The technical setup for XRP is deteriorating fast: 🔻 XRP has broken through a major support zone,
🔻 Price fell below the 200-day SMA,
🔻 50-day SMA is crossing under the 150-day SMA — a bearish crossover,
🔻 RSI dropped to 30, signaling heavy selling pressure. While oversold RSI could indicate short-term relief, the overall trend remains decisively bearish. Legendary trader Peter Brandt echoed this view, stating that XRP is likely to crash to $1.00 if support fails to hold.
🔻 Risk-Off Sentiment Deepens As the trade war escalates, investors are dumping risky assets. XRP’s open interest dropped below $3 billion, and funding rates have flipped negative, signaling that short sellers are dominating the market.
⚠️ What’s Next? Trump may say, “Our country will be stronger than ever,” but the markets aren’t buying it. His comment about being “open to talks” lacked any concrete easing — and fear continues to drive sentiment. XRP is walking the edge.
Will it become the next casualty of shattered optimism — or find its floor and bounce back?
#xrp , #BEARISH📉 , #cryptocrash , #CryptoNewss , #Altcoin
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“