XRP (XRP) price has declined more than 15% over the past two weeks, sliding from its March 17 monthly high of $1.60 to $1.35 at press time. On a year-to-date basis, the losses top 40% from the $2.39 peak reached earlier in 2025.
Macro and Geopolitical Headwinds Weigh
The selloff is not isolated to XRP. U.S. tariff hikes on the EU and Canada, coupled with the U.S.-Iran conflict in the Middle East, have pushed crude oil prices to multi-year highs, stoking inflation fears and driving investors away from risky assets. Lower expectations for Federal Reserve rate cuts have further dampened sentiment across the crypto market.
Descending Trendline Holds Firm
On the weekly chart, XRP has respected a long-term descending trendline acting as dynamic resistance since mid-July 2025. Each time bulls pushed the price toward this line, bears stepped in to trigger sharp declines. Technical indicators align with a bearish view: the Supertrend has flipped red, and the Aroon Down at 42.86% far exceeds the Aroon Up at 14.29%, suggesting the downtrend will continue.
Support Levels and Recovery Trigger
If the decline persists, XRP could test the February 2 low of $1.12. A break below that level may open the door to the $1.00 psychological mark. Conversely, a decisive breakout above $1.40 could trigger a short-term recovery toward $1.50.
Disclosure: This article is for educational purposes only and does not constitute investment advice.