XRP Slides 2% As Silver Retreats On Trump Claim Of Halt To Iran Protester Killings

After a disastrous close to 2025, marked by a 35% in the fourth quarter of the year, XRP and the rest of the crypto market engineered a recovery at the start of the year, with the Ripple token up 15.2% in the last two weeks.

The new year surge saw the price of XRP rise from $1.81 to a two-month high of around $2.41 by January 6. However, XRP was barred at this peak, as the market lost momentum.

The Ripple token is currently trading at $2.11 as of 5:02 a.m. EST, following a 2% decline over the last 24 hours.

XRP correcting comes as investors digest developments in Iran.

Geopolitics Remain To the Fore As Investors Remain Cautious

In what was expected to help overall sentiment, US President Donald Trump said that he had been told that the killing in Iran’s crackdown on protests was easing, lessening tensions in the Middle East.

According to Trump, he believes that there is no current plan for large-scale executions.

Trump’s comments came after fears grew in the Middle East that Washington could launch strikes, following his repeated threats to intervene on behalf of Iranian protesters.

As a result, markets hovered around both sides of the flat line, as traders gauged the heightened geopolitical tensions.

Silver Slips From All-Time High, Gold and Markets See Modest Moves

Silver dropped 2.42% in the last 24 hours to trade at $90.85/ounce, down from its $93.64/ounce all-time high. Gold also edged down a fraction of a percentage to $4,612.

Meanwhile, the Dow futures contract had slipped by 29 points, S&P 500 futures had gained 4 points, and Nasdaq 100 futures had risen by 48 points.

The cryptocurrency space also remained largely unchanged across most tokens, with the sector edging up to a $3.27 trillion market capitalization. The Average Crypto Relative Strength Index is at 52.26, indicating that investors remain cautious within an equilibrium zone.

XRP Loses Fourth Place to BNB

XRP, as a result of the drop, has lost its fourth place in the market to BNB.

The Ripple token bearish move comes despite rising Open Interest (OI) and institutional inflow into XRP exchange-traded funds (ETFs).

Data from Coinglass shows that XRP’s OI has increased to $4.09 billion on Thursday.

Meanwhile, interest in XRP spot ETFs remains strong. Data from Coinglass shows that XRP ETFs received a $10.63 million inflow on Wednesday. Since their launch in November, XRP ETFs have recorded just one outflow on January 7, totaling nearly $41 million.

With positive market sentiments, can the price of XRP resume its uptrend soon?

Can the Ripple Token Rally to $2.6?

After posting a sharp, impulsive rally from the $1.81 region to a local high near $2.41, the XRP price has entered a consolidation phase on the 4-hour chart.

Technically, this consolidation is significant as XRP is holding above major Fibonacci retracement levels, suggesting the recent upside move is still being respected by the market.

By maintaining price action above the $2.10–$2.02 zone, XRP has signaled that sellers have not yet regained full control, keeping the broader bullish structure intact.

The recent move has pushed XRP to remain above its 200-day Simple Moving Average (SMA), currently near $1.98.

XRP’s Relative Strength Index (RSI) is currently around 51, indicating neutral momentum. After reaching overbought levels during the rally, the RSI has cooled down and stabilized near the midpoint. This suggests selling pressure has eased and momentum has reset without turning bearish.

Meanwhile, the Moving Average Convergence Divergence (MACD) is flattening, with the MACD and signal lines moving closely together and the histogram slightly positive, which reflects reduced momentum.

XRP/USD Chart Analysis: TradingView

The XRP/USD chart suggests that this consolidation may act as a demand zone. As long as the price of the Ripple token continues to hold above the 0.5–0.618 Fibonacci retracement zone ($2.11–$2.02) and the 200-day SMA, buyers may attempt another move toward the $2.41 resistance, as they target the $2.61 in the long run.

Conversely, if consolidation fails and sellers push XRP below the $1.98 (200-day SMA) area, the price could see a deeper retracement toward the $1.93–$1.81 support zone.