A storm is brewing in the crypto market, and this time Ripple is at the center of it. In the past 24 hours, the XRP price has dropped nearly 15%, falling to $1.80. The big question investors are now asking: How much will XRP price drop and when will this correction end?
Uncertainty continues to grip the markets, especially after Trump’s newly announced tax moves. These global developments have triggered widespread panic and forced crypto investors to rethink their positions. On social media and analyst reports, the main scenario being discussed is a potential slide of XRP toward the $1 level.
According to whalesarea.com, leading traders believe the drop is fueled by both technical and psychological pressure. While a short-term bounce might happen, the overall market sentiment remains deeply bearish. In other words, how much will XRP price drop is not just a warning, it’s the critical decision point for many.
With every negative macro development, XRP faces heavier sell pressure. If this trend continues, how much will XRP price drop might soon be a question with a far scarier answer than $1.
Trump’s Tax Hike Tanks Crypto Prices
U.S. President Donald Trump’s decision to increase tariffs against China has sent shockwaves through the markets. And this impact wasn’t limited to stocks — it smashed into crypto assets as well.
On Monday morning, Asian markets took a steep hit, causing a ripple effect across the crypto space. Total market capitalization dropped by 9%, and risk-averse traders started fleeing high-volatility assets. XRP, one of the largest altcoins, took a brutal blow.
Trump’s statement failed to calm the markets, which only increased panic-driven selling. Analysts now expect the long-term consequences of these tax hikes to weigh on crypto for weeks to come. For coins like XRP, that means sustained downside risk.
$40 Million in Leveraged XRP Positions Liquidated
According to data from Coinglass, a staggering $40 million in leveraged XRP positions were wiped out in just 24 hours. Most of these were long positions, betting on a price increase — and they got crushed.
Roughly $36 million of the liquidated trades were long, adding fuel to the downward pressure on price. At the same time, XRP’s total open interest dropped below $3 billion. With funding rates turning negative, the bears have taken control of the battlefield.
Experts point out that this kind of market structure makes it very difficult for XRP to recover quickly.
XRP Technicals Flash Red Alert
XRP’s technical chart is showing signs of deeper trouble ahead. The price has now dropped below the 200-day moving average, which is a major red flag for long-term investors.
Also, the 50-day moving average is on track to cross below the 150-day, signaling what’s known as a “death cross” — typically a sign of an extended downtrend.
The Relative Strength Index (RSI) has fallen to the 30 level, indicating that XRP is now in oversold territory. While this might trigger a short-term bounce, the long-term bearish outlook has only gotten stronger.
XRP Could Fall to $1
Veteran trader Peter Brandt has also weighed in on the situation, warning that XRP is standing on thin ice. With the $1.80 support level broken, Brandt says the path toward $1 is now open.
If the market keeps bleeding and sellers continue to dominate, hitting $1 may just be the beginning. Traders now face a defining moment — will XRP hold its ground or will it tumble further?
If this support fails, 2025 could turn into a nightmare year for XRP holders.
