XRP Price Drops 10%: Trump's Davos Speech Triggers Crypto Market Liquidation

Source: CryptoTicker Original Title: XRP Price Cracks 10%: Trump’s Davos Speech Sparks Crypto Liquidation Original Link: The cryptocurrency market is facing a brutal wave of selling pressure this week, and XRP has found itself in the eye of the storm. After failing to sustain its momentum above the critical $2.00 mark, Ripple’s native token has seen its price crash by 10% over the last seven days, currently trading near $1.89.

This downturn is largely attributed to the geopolitical tensions triggered by recent developments at the World Economic Forum in Davos. Aggressive negotiations and immediate threats of 10% to 25% tariffs on European allies have sent investors fleeing from risk-on assets toward the safety of gold and cash.

XRP Chart Analysis: Breaking the $2.00 Floor

The technical outlook for XRP has shifted from bullish to defensive. According to the latest market data, XRP has logged seven consecutive red sessions, a streak not seen since late 2025. The chart shows a clear “failed breakout” at the $2.14 resistance level, which quickly turned into a sharp reversal as geopolitical tensions escalated.

Key Support Levels: Analysts are keeping a close eye on the $1.80 “Triple-Tap” zone. This level is considered the final line of defense for the current market structure. A break below $1.80 could open the doors for a deeper correction toward $1.61.

Bearish Indicators: The Relative Strength Index (RSI) has dipped into the low 40s, while the MACD has printed a “death cross” on the daily timeframe, suggesting that the path of least resistance remains to the downside.

Liquidation Heatmap: Over $40 million in XRP long positions were liquidated in a single 24-hour window, compounding the downward pressure.

Macroeconomic Impact on Crypto Markets

The instability stems from recent geopolitical developments that have sparked fears of trade tensions and global uncertainty. Major market analysts report that accompanying tariff threats have raised concerns about broader economic implications.

While Bitcoin and Ethereum have also corrected, XRP’s sensitivity to regulatory and macroeconomic shifts has made it particularly vulnerable. As traditional markets like the S&P 500 tumble, institutional capital is being pulled from the crypto sector to cover margin calls in equities.

What’s Next for Ripple (XRP)?

The XRP price is currently “stuck” between a short-term bearish structure and long-term consolidation. For a bullish reversal to occur, XRP must reclaim the $2.05 level on high volume. Until then, macroeconomic factors and developing geopolitical situations will continue to dictate the trend.