XRP Crashes Amid Global Market Chaos: Is the Panic Over?
International markets saw an unprecedented sell-off following Trump’s tariff announcement. This issue also had an impact on XRP. On the daily and 4-hour charts, the asset violated several important technical structures as panic selling engulfed the cryptocurrency market. Although there are early indications that the price is stabilizing around $2.4, the market is still brittle and extremely susceptible to additional macro developments.
XRP Faces Historic Sell-Off: Can the Green Trendline Save the Bulls?
Following U.S. President Donald Trump’s tweet threatening a 100% tariff on Chinese imports, the cryptocurrency market saw one of its biggest one-day sell-offs. Global markets became extremely risk-averse as a result of this statement. Nearly $900 billion in cryptocurrency market value was lost in a few hours, followed by a slight rebound.
With a sharp decline from the $3.0-$3.1 resistance range, XRP clearly broke below the multi-month symmetrical triangle that had been developing since July. A market-wide collapse followed the rejection of the declining trend line. As a result, XRP fell 55% to the $1.2 barrier. Technically, the larger macrostructure is still intact despite the crash’s severity. As long as the price remains above the green ascending trendline that links the significantly higher lows set earlier in 2025, this will remain the case.
XRP Wicks Below $1.2 Highlight Panic Selling
The magnitude of the macro-driven shock is further demonstrated on the 4-hour chart. XRP caused significant stop losses and forced liquidations among overleveraged long positions by slicing through the $2.8 horizontal demand zone as well as the mid-range structure. The steep recovery that followed shows early indications of stabilization as buyers came in to absorb the wave of surrender, while the wick below $1.2 highlights the extent of panic selling.
Now that the $2.7–$2.8 zone has been broken, XRP is trying to regain it, but it has turned into short-term resistance. If this area closes successfully and is retested as support, it may signal the start of a relief rally toward $3, the location of the next supply cluster. But if this territory is not regained, it would be a sign that bears are still in short-term control, and the pullback will probably continue in the upcoming sessions toward the $2.2–$2.0 region.
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