XRP price plummets 10% this week as Trump’s Davos address on Greenland and new tariffs rattle global markets. Here are key levels to watch for Ripple’s token.
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 earthquake” triggered by President Donald Trump at the World Economic Forum in Davos. His aggressive push for Greenland negotiations and the immediate threat 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.
XRP/USD 2H – TradingView
Trump’s Davos “Bazooka” and the Crypto Impact
The instability stems from Trump’s Davos speech on January 21, 2026, where he demanded “immediate negotiations” for Greenland. Major outlets like The Guardian report that the accompanying tariff threats against eight European nations have sparked fears of a fractured NATO and a global trade war.
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 news 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, the “Trump factor” and the developing situation in Davos will continue to dictate the trend. Stay updated with the latest price movements on our token price page.
