XRP Falls Below $1.80 After Trump's Iran Warning Sparks Risk-Off
XRP cracked below a key support level on Thursday as aggressive sellers seized control, confirming a technical breakdown from its recent consolidation. The move accelerated alongside broader risk-off flows driven by headlines tied to former President Trump's Iran warning, leaving the token vulnerable to deeper losses; price was reported around $1 at 11:22 a.m. ET on Jan. 29. The breach of the consolidation range signals reduced near-term buyer conviction and higher volatility for the asset.
This decline matters because it coincides with wider market jitters—tech weakness and political uncertainty have dampened risk appetite across crypto and traditional markets. Traders and holders should watch for follow-through selling or a fast rebound into the broken range, as either outcome will influence positioning and short-term liquidity. Continued macro pressure could push XRP lower, while stabilization above the next support would be needed to restore confidence.