
{"id":128747,"date":"2026-01-21T10:11:25","date_gmt":"2026-01-21T10:11:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128747"},"modified":"2026-01-21T10:11:25","modified_gmt":"2026-01-21T10:11:25","slug":"trade-war-casualty-xrp-erases-january-gains-as-trump-tariff-threat-spooks-global-markets","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128747","title":{"rendered":"Trade War Casualty! XRP Erases January Gains as Trump Tariff Threat Spooks Global Markets"},"content":{"rendered":"<p><span>XRP\u2019s early-January rally has almost vanished in a matter of days, as Trump\u2019s latest tariff warning shakes global markets.<\/span><\/p>\n<p><span>Ripple\u2019s XRP price traded near $1.89 on Tuesday, down about -5% over the past 24 hours and back to levels seen at the start of 2026.\u00a0<\/span><\/p>\n<p><span>The XRP price drop followed US President Donald Trump\u2019s new tariff threat against several European countries over Greenland, a move that sparked a sharp pullback across stocks, commodities, and major cryptocurrencies.<\/span><\/p>\n<p><span>The token has now lost more than -20% from its early-January peak around $2.35\u2013$2.40. That run had briefly pushed XRP into the spotlight as one of the strongest performers in the first week of the year.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"> Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/p>\n<h2>Are Trade Tensions and Tariffs Weighing on XRP Price Action?<\/h2>\n<p class=\"p1\">\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div><\/div><\/div><\/div><\/p>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n\n<div class=\"chart__container\"><\/div>\n\n<p><span>Market data show XRP opened in 2026 near $1.88 on January 1. It then pushed above $2.00 and almost reached $2.40 by January 5\u20136 as ETF inflows picked up and institutional traders returned to the market.<\/span><\/p>\n<p><span>The reversal comes as investors weigh Trump\u2019s unexpected decision to link new US tariffs on eight European countries to the ongoing dispute over Washington\u2019s attempt to acquire Greenland.\u00a0<\/span><\/p>\n<p><span>The threat has revived concerns about global trade friction, pushing traders toward safer assets and pressuring high-beta tokens like XRP.<\/span><\/p>\n<p><span>Trump\u2019s <\/span><a class=\"general-link\" href=\"https:\/\/nypost.com\/2026\/01\/20\/business\/wall-street-braces-for-stocks-to-sink-as-trump-ramps-up-tariff-threats-over-greenland\" target=\"_blank\" rel=\"noopener\"><span>plan<\/span><\/a><span> to impose a 10% tariff on several European countries from February 1, rising to 25% by June 1 if talks fail, triggered sharp losses across major markets on Tuesday.\u00a0<\/span><\/p>\n<p><span>US stocks logged their weakest session in three months. The S&amp;P 500 <\/span><a class=\"general-link\" href=\"https:\/\/www.reuters.com\/business\/sp-nasdaq-futures-slide-one-month-lows-greenland-concerns-2026-01-20\" target=\"_blank\" rel=\"noopener\"><span>fell<\/span><\/a><span> about -2.1%, the Dow dropped roughly -1.8%, and the Nasdaq slid around -2.4%.\u00a0<\/span><\/p>\n<p><span>European markets also ended lower, with London\u2019s FTSE 100 and Germany\u2019s DAX slipping as traders assessed the threat of a wider economic conflict between Washington and its allies.<\/span><\/p>\n<p><span>Data from CoinGlass <\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/XRP\" target=\"_blank\" rel=\"noopener\"><span>shows<\/span><\/a><span> XRP\u2019s derivatives market is pulling back as traders reduce exposure.\u00a0<\/span><\/p>\n<p><span>XRP futures volume over the past 24 hours has been about $5.7Bn, while spot volume sits just under $1.2Bn.<\/span><\/p>\n<p><span>Total open interest is near $3.35Bn, and around $12.6M in positions were liquidated, pointing to steady but controlled unwinding rather than a deep flush.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\"> 10+ Next Crypto to 100X In 2026<\/a><\/p>\n<h2>XRP Price Prediction: Is XRP Consolidation a Setup for the Next Major Breakout?<\/h2>\n<p><span>XRP is moving sideways on the weekly chart after a strong multi-month rally. It\u2019s holding above the $2.00 area even after a pullback from recent highs.\u00a0<\/span><\/p>\n<p><span>The broader trend still leans bullish, with higher highs and higher lows showing that the structure remains intact. Short-term momentum has cooled, but nothing in the chart suggests the trend has reversed.<\/span><\/p>\n<p><span>Market sentiment tells a similar story. The Crypto Fear and Greed Index has slipped into extreme fear, a zone that has often marked major XRP bottoms in past cycles.\u00a0<\/span><\/p>\n<p>Only fools are bearish on <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a> here!  <a href=\"https:\/\/t.co\/U3J5toK8ca\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/U3J5toK8ca<\/a><\/p>\n<p>\u2014 STEPH IS CRYPTO (@Steph_iscrypto) <a href=\"https:\/\/twitter.com\/Steph_iscrypto\/status\/2013687980670755079?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 20, 2026<\/a><\/p>\n\n<p><span>Traders are cautious, but historical patterns show this level has triggered recoveries before.<\/span><\/p>\n<p><span>Sharing his view on the current setup, analyst Steph Is Crypto said, \u201cOnly fools are bearish on $XRP here.\u201d He noted that XRP has bounced from similar conditions in earlier rallies.<\/span><\/p>\n<p><span>XRP\u2019s long-term chart shows a classic volatility squeeze followed by a clean breakout, based on analysis shared by crypto analyst Javon Marks. The token spent several years forming a tight \u201ccoil\u201d pattern, with lower highs pressing into rising support and volume fading over time.\u00a0<\/span><\/p>\n<p><span>That pressure eventually released to the upside, sending XRP more than +580% higher to new all-time highs.<\/span><\/p>\n<p>After the attached post highlighting <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a>&#8216;s coil nearing breakout points, prices broke out, climbing over 580% to new All Time Highs but today, there is looking to be much more in the tank!<\/p>\n<p>The minimum breakout target for this setup is between $15-20 which from here, is more\u2026 <a href=\"https:\/\/t.co\/t75MdBl2Zk\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/t75MdBl2Zk<\/a> <a href=\"https:\/\/t.co\/g8O18WSvE9\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/g8O18WSvE9<\/a><\/p>\n<p>\u2014 JAVONMARKS (@JavonTM1) <a href=\"https:\/\/twitter.com\/JavonTM1\/status\/2013698409702584460?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 20, 2026<\/a><\/p>\n\n<h2><strong>Instead of reversing after the breakout, XRP shifted into consolidation. <\/strong><\/h2>\n<p><span>Instead of reversing after the breakout, XRP shifted into consolidation. That signals continuation, not weakness.\u00a0<\/span><\/p>\n<p><span>Current price action also supports that view. XRP is holding above old resistance levels that have now turned into support, keeping the broader bullish trend intact.<\/span><\/p>\n<p><span>Marks says this type of setup has led to extended rallies in past cycles. \u201cAfter highlighting XRP\u2019s coil nearing breakout points, prices broke out over 580%,\u201d he said.\u00a0<\/span><\/p>\n<p><span>He added that \u201cthere is much more in the tank.\u201d His minimum target sits between $15 and $20, which would mean more than 600% upside from where XRP trades today if the pattern continues to play out.<\/span><\/p>\n<p>DISCOVER:<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\"> Best Meme Coin ICOs to Invest in 2026<\/a><\/p>\n<p class=\"p1\">\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><\/p>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><p>         <span>The XRP price drop followed US President Donald Trump\u2019s new tariff threat against several European countries over Greenland, a move that sparked a sharp pullback across stocks, commodities, and major cryptocurrencies.<\/span><\/p>\n<p class=\"p1\">\n<\/p><p>         <span>Trump\u2019s <\/span><a class=\"general-link\" href=\"https:\/\/nypost.com\/2026\/01\/20\/business\/wall-street-braces-for-stocks-to-sink-as-trump-ramps-up-tariff-threats-over-greenland\" target=\"_blank\" rel=\"noopener\"><span>plan<\/span><\/a><span> to impose a 10% tariff on several European countries from February 1, rising to 25% by June 1 if talks fail, triggered sharp losses across major markets on Tuesday.\u00a0<\/span><\/p>\n<p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><p class=\"p1\">\n<\/p><\/div>\n<\/p><p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/trade-war-casualty-xrp-erases-january-gains-as-trump-tariff-threat-spooks-global-markets\/\">Trade War Casualty! XRP Erases January Gains as Trump Tariff Threat Spooks Global Markets<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP\u2019s early-January rally has almost vanished in a matter of days, as Trump\u2019s latest tariff warning shakes global markets. Ripple\u2019s XRP price traded near $1.89 on Tuesday, down about -5% over the past 24 hours and back to levels seen at the start of 2026.\u00a0 The XRP price drop followed US President Donald Trump\u2019s new [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128747","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128747"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128747"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128747\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}