$2.43 XRP: Will Trump’s Tariff Shock Send It Below $2.00?

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XRP fell 2.36% in the last 24 hours, now trading at $2.43. Investors are responding to former U.S. President Donald Trump’s new tariff plans, which have reignited economic concerns.

Trump’s latest trade policies include a 25% tariff on steel imports and additional levies on aluminum. These moves have sparked uncertainty in global markets, causing investors to shift capital away from speculative assets like cryptocurrencies.

Will XRP Drop Further or Find Support?

XRP’s price decline has brought it near a key support level at $2.25, aligning with the 38.2% Fibonacci retracement level. If buyers step in at this point, a short-term rebound could follow. However, failure to hold this level might lead to a deeper drop toward $2.00.

Traders are closely monitoring price action, as XRP’s long lower wick on February 3 suggests an effort to defend support. Despite this attempt, a lack of strong buying pressure raises concerns. If sellers maintain control, XRP could drop to $1.60, aligning with the 61.8% Fibonacci retracement, signaling an extended bearish trend.

Is XRP’s Long-Term Growth Still Intact?

Despite recent setbacks, XRP maintains strong long-term growth potential. Ripple’s integration into global payment networks continues to drive demand, positioning XRP as a leading option for cross-border transactions.

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Regulatory clarity remains a significant factor in XRP’s future price movements. Positive developments in cryptocurrency regulation could attract institutional investors and fuel a recovery toward previous highs.

Analysts predict XRP could trade between $3.50 and $5.00 by 2025 if adoption accelerates and macroeconomic conditions improve. However, short-term price movements will likely remain volatile due to ongoing geopolitical risks and shifting trade policies.

How Trump’s Trade Policies Impact Cryptocurrencies

Trump’s latest tariff plans extend beyond steel and aluminum, potentially affecting superconductors, energy products, and critical raw materials. These policies could create ripple effects across global markets, impacting both traditional investments and digital assets.

Cryptocurrency markets remain highly reactive to macroeconomic events. Regulatory and policy changes often influence investor sentiment. Traders will watch closely to see if Trump’s economic policies trigger broader capital shifts, especially if risk aversion increases.

What Should XRP Investors Do Now?

Traders and investors must stay informed and adapt to changing market conditions. Some expect a relief rally, while others warn that uncertainty could keep digital assets under pressure.

If you’re following XRP’s price action, focus on critical support levels and potential breakout points. Whether XRP rebounds or declines further, staying ahead of market trends will help you make informed trading decisions.