TLDR XRP dropped below $2 during a six-day correction triggered by market-wide selloffs following President Trump’s tariff threats on European countries over GreenlandTLDR XRP dropped below $2 during a six-day correction triggered by market-wide selloffs following President Trump’s tariff threats on European countries over Greenland

XRP Price: Token Drops Below $2 as Trump Tariffs Shake Markets

TLDR

  • XRP dropped below $2 during a six-day correction triggered by market-wide selloffs following President Trump’s tariff threats on European countries over Greenland
  • The decline wiped out $39.5 million in long liquidations, the highest since November 2025
  • US-based XRP spot ETFs recorded $1.28 billion in cumulative inflows with steady demand continuing through last Friday
  • XRP Ledger transactions surged to 2,575,561 on Wednesday, reaching a six-month high
  • Analysts say XRP must reclaim $2.05 to return to a safe zone and avoid further declines toward $1.80 or lower

XRP fell below the $2 mark on Monday after six straight days of losses. The token traded at $1.95 as the broader crypto market faced selling pressure.

xrp priceXRP Price

The selloff began after President Donald Trump threatened new tariffs on European nations over purchasing Greenland. Bitcoin dropped to $92,000 while Ethereum tested support at $3,000.

The market-wide decline resulted in $788.9 million in liquidated long positions. Bitcoin accounted for $224 million of these losses.

Source: Coinglass

XRP saw $39.5 million in long liquidations. This marked the highest level since November 22, 2025. Total liquidations across both long and short positions reached $875 million, affecting approximately 250,000 traders.

Demand for XRP derivatives weakened during this period. Open interest fell to $3.56 billion on Monday from a yearly high of $4.55 billion on January 6. This represents a 21.7% decline in just two weeks.

Strong ETF Inflows Continue

Despite the price drop, institutional investors continued adding to their XRP positions. US-based spot XRP ETFs added $1.12 million on Friday alone.

Cumulative inflows reached $1.28 billion with total assets exceeding $1.52 billion. The Franklin XRP ETF was the only fund recording inflows on Friday, bringing its net assets to $287.75 million.

Global XRP investment products attracted $69.5 million in inflows during the week ending Friday. This shows institutions maintained steady demand even as retail sentiment weakened.

The XRP Ledger also showed increased activity. Transaction counts jumped to 2,575,561 on Wednesday, levels not seen since July 2025.

Data from XRPScan confirms the six-month high in network usage. More than 1.78 billion XRP were bought around the $1.96 level over the last six months according to Glassnode’s cost basis distribution data.

Critical Support Levels

XRP has dropped 18.5% from its eight-week high of $2.41 reached on January 6. The token now tests a daily order block around $1.96.

Market analyst Dom highlighted that XRP must reclaim $2.05 to return to a safe zone. He noted the earlier rally from January 1 to 6 lacked aggressive market buying and real demand.

The next support sits at $1.78 to $1.80 where investors acquired approximately 1.84 billion XRP. XRP has not closed a daily candle below this level since April 2025.

A break below $1.80 could send the price toward $1.61, which marked a local low in October. The 200-week exponential moving average sits at $1.41 and represents the last major defense line.

The relative strength index hit its lowest level in 2026, showing increasing downside momentum. XRP’s yearly gains have shrunk to 7.12% as the recent selloff erased most of January’s early gains.

Transaction data shows the network remains active with robust usage despite price weakness. The disconnect between onchain activity and price performance continues as traders focus on macroeconomic concerns.

The post XRP Price: Token Drops Below $2 as Trump Tariffs Shake Markets appeared first on CoinCentral.

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