January 29 News, as Trump continues to strengthen his tariff stance, global risk aversion sentiment has significantly increased, and digital assets are once again facing selling pressure. As one of the core tokens in cross-border payments, XRP has recently shown weak performance and struggles to shed its risk asset attributes. Since the peak in mid-January, the overall crypto market has retreated by nearly 8%, with XRP falling approximately 12% in tandem, breaking below the $2 mark, and returning to the early-year range.
Tariffs are not just a trade tool but also an emotional amplifier. The experience from April last year shows that related statements often disturb capital allocation even before policy implementation. The current tension began on January 17, when Trump threatened to impose tariffs on the EU, followed by warnings to Canada, sparking concerns over expanding global trade frictions. Funds have flowed into traditional safe-haven assets like gold and silver, further draining liquidity from the digital market.
However, XRP’s on-chain and institutional data still show resilience. The stablecoin market cap on the network grew from $85 million at the start of the tariff turmoil to $406 million, with Ripple’s RLUSD dominating. CoinGlass data indicates that XRP has recently experienced continuous outflows from trading platforms, suggesting long-term holders are not panicking. Meanwhile, SoSoValue statistics show that the US spot XRP ETF has maintained monthly net inflows since launch, with a total scale reaching $1.26 billion.
From a technical perspective, XRP remains within a downtrend channel, forming a descending wedge pattern. If it effectively breaks through the resistance zone later, the target could be above $2, with a potential rebound level around $2.23. However, momentum indicators still appear weak, and short-term fluctuations may continue.
Against the backdrop of increasing macro uncertainty, XRP’s short-term volatility is more driven by sentiment rather than deteriorating fundamentals. If the tariff conflicts ease and market risk appetite recovers, its price could regain upward momentum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Anthropic AI predicts XRP trend by the end of 2026: Even if it falls below $1.2, a rebound above $2.8 is still possible
Anthropic's Claude predicts that the future XRP price will be influenced by Bitcoin and macroeconomic factors. In the baseline scenario, XRP is expected to rebound to $2.00-$2.80; in a pessimistic scenario, it may fall back to $0.90-$1.20; and in an optimistic scenario, it could rise to $4.50-$6.50. Investors should monitor policy and market changes to assess future trends.
GateNews4h ago
XRP key resistance approaching $1.38: Technical structure brewing a rebound, can it break through $1.50?
XRP's recent trend faces a correction, with a key resistance level at $1.38. If it breaks through this level, a rebound may occur, targeting $1.42 and above. Conversely, if it fails to break through, it may fall back to the $1.30 range. The current market sentiment has improved but support levels should still be monitored.
GateNews5h ago
The Truth About XRP and Ethereum: Blockchain Utility and Token Value Are Not the Same
A common misunderstanding in the crypto space is the idea that a blockchain and its token are automatically the same thing in terms of value. Many investors treat them as interchangeable, assuming that if the underlying network has strong technology or adoption, the token itself must follow
CaptainAltcoin5h ago
XRP's unrealized loss exceeds $50 billion: Nearly 60% of circulating supply is in loss, but whales are increasing their holdings against the trend
The cryptocurrency market is volatile, with XRP prices remaining weak, declining nearly 28% since early 2026. Approximately 60% of circulating XRP is in loss, trading activity has decreased, and market liquidity has thinned. Despite retail investors being under pressure, some major whales are increasing their XRP holdings, indicating structural divergence in the market. In the short term, XRP's trend may continue to exhibit high volatility.
GateNews5h ago
