XRP Price Crashes by 44%: Trump’s Tariffs Trigger End of Black Monday?

​The cryptocurrency marketplace has suffered major volatility after the U.S. President Donald Trump imposed aggressive trade taxes. XRP prices have sunk by 15% to $1.80, becoming the lowest point in two months among traders. The rapid price drop has triggered $40 million worth of XRP sell-offs, thus causing market distress that resembles the infamous “Black Monday” of 1987.

XRP Price Plummets Amidst Market Volatility

The ripple trade taxes imposed by the US President have affected XRP’s price and market sentiment. People conducting searches about “Black Monday” on Google Trends show intensified fear that the market is heading towards a catastrophic collapse. The rise of new trade barriers led investors to worry about worldwide business conflicts, which drove them to assess high-risk assets, including digital currencies. Market volatility and major price fluctuations have become more pronounced because of this period of undefined conditions. 

Chart 1 – Published on Investopedia, April 7, 2025

The rising tensions between China and the United States have negatively influenced multiple crucial cryptocurrencies alongside XRP. The value of Bitcoin now stands beneath $91,000 and both Dogecoin and Shiba Inu experienced price drops exceeding 40%. Financial markets globally reveal their connection through such widespread price decreases which demonstrate their responsive nature to geopolitical events. 

Uncovering XRP’s Potential Amidst Crypto Market Volatility Trends

The crypto market volatility has caused widespread price decreases and investor concern. XRP/USDT on Binance produced a fast downtrend, which recently developed indications of upward reversal in the 5-minute chart. The price remained stuck within a tight descending channel, which validated bearish power until it broke through near the 1.85 point as indicated by the blue arrow. The price rejected the breakout attempt and kept declining past 1.63 before reaching its new short-lived bottom point. 

Chart 2 – Analyzed by Triparna Baishnab, published on TradingView (April 7, 2025)

Managerial support at this level matched various technical indicators, which showed signs of short-term market recovery. The fall observed intensely oversold readings on the RSI index, which decreased below 30 three times due to heavy selling pressure and market exhaustion. The price showed attempts to stabilize and recover mildly whenever the RSI approached the oversold region because this pattern represents potential price consolidation or reversal scenarios. Multiple death crosses appeared in the MACD indicator, which repeatedly demonstrated bearish momentum during this period.

Sustained selling dominance appeared when the MACD line (blue) crossed beneath the signal line (orange). The image displayed three major instances of death crosses, which coincided with new selling trends. A new bullish crossover appears probable since both the MACD histogram points toward green and the MACD line displays upward curvature. The downtrend shows preliminary signs of weakening because both RSI and MACD indicators approach the 45 neutral level. The technical framework indicates a brief sideways pattern or corrective upswing might happen, but strong buyers need to return for this to happen.

Ultimate Impact of Ripple Trade Taxes on XRP Price

The XRP price shows initial indicators for short-term market recovery since both RSI and MACD indicators display gradually fading bearish market forces and rising levels of exhaustion. Price drops created from aggressive trade tariffs joined by global tensions resulted in a sudden market sell-off that echoed previous financial market collapses. Different indicators signal that prices might stabilize or establish mild upward movements despite strong market pressure. A major recovery needs market sentiment to enhance and buyer momentum to strengthen before it can take place. The course of the XRP price will depend heavily on the global trade conflicts and their impact on investors and wider geopolitical conditions.