XRP News: XRP Crashes 5% as Ripple’s RLUSD Launch Gets Overshadowed by Trump’s Tariff Shock!

Ripple’s latest move – introducing the RLUSD stablecoin on its payment platform – should have been a significant point for XRP; however, rather than rally, the token has been pushed down amid broader market concerns. President Trump’s tariff announcement triggered global market turmoil that sent cryptocurrencies downward. Ripple was not immune to it, and the XRP crashed by 5%, erasing much of the gains from Ripple’s RLUSD announcement. In addition to noted realized losses of over $710 million, the highest level of realized loss in years, many investors feel the pressure from the lower price, as the token fails to get itself back on its feet.

XRP Under Heavy Selling as Trump’s Tariffs Fuel Market Turmoil

Initially, there was optimism. After Ripple announced that RLUSD was live on major exchanges, including Krake, and had been integrated into its cross-border payments solution, XRP prices rose by 2%. Unfortunately, this optimism didn’t last long. A panic sell-off hit the market, leading to an XRP crash and causing over $17 million in futures liquidations. Long traders were the hardest hit, with nearly $11 million facing liquidations. Many of the investors who simply took profits from the rebound are now selling at a loss, changing the market sentiment from one of optimism to uncertainty.

Crucial Support Levels Now in Play

With a bearish trend now active for XRP, the technical outlook is decidedly bleak. The Relative Strength Index (RSI) is now below neutral, while the Stochastic Oscillator (Stoch) has been putting out oversold signals. The support level at $1.96 is important now, especially with the 200-day Simple Moving Average (SMA) approaching. If this support level is broken below, this could carry implications of a downside Head-and-Shoulders completion, which could signal much more downside potential. As XRP attempts to make sense of this chaos, traders are very aware of where the key levels are that would prompt a recovery or otherwise more weakness.

Price Analysis and XRP Price Prediction

The XRP 5-minute chart reflects significant volatility, with price action transitioning from a downward channel to a trading range before a sharp decline. Initially, XRP moved within a falling channel before breaking out into consolidation between $2.07 support and $2.20 resistance levels. A brief price spike attempted to break through the resistance but quickly faced rejection, leading to a strong sell-off. This resulted in a breakdown below the support zone, with the price dropping to near $2.00. The RSI indicated overbought conditions before the drop, signaling exhaustion, while the MACD aligned with bearish momentum through multiple death crosses.

Chart 1, Analyzed by Alokkp0608, published on April 3rd, 2025.

After the breakdown, XRP attempted to find stability around the support zone at $2.00, with RSI flashing oversold conditions, hinting at a potential short-term rebound. However, repeated death crosses on the MACD suggest persistent bearish momentum, making any recovery uncertain. If bulls manage to push above $2.05, a retest of resistance could be seen, while failure to hold above support may extend losses further. 

XRP’s Path Forward: Recovery or Further Decline?

XRP’s price movement is still fragile as bears show momentum. Market uncertainty arose from Trump’s tariff announcement, placing selling pressure on the token following the launch of Ripple’s RLUSD. Several technical indicators, such as a weak RSI and repeating MACD death crosses, suggest that the bearish trend is not exhausted.

The new $1.96 support level is significant as a break could lead to deeper declines, which could confirm a Head-and-Shoulders pattern with downside risk to $1.35. The high probability scenario would be if the support at $1.96 held, it could lead to a temporary rally toward $2.05. The XRP price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.

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