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XRP News Today: XRP Eyes $2 Breakout as Trade Tensions Ease

From fxempire.com

XRP snaps a seven-day losing streak as US President Trump withdraws his 10% EU tariff threat, boosting demand for risk assets. On Wednesday, January 21, President Trump shared details of an agreement on Greenland, removing the risk of an all-out trade war with the EU. Previously, XRP plunged 12% to a low of $1.8489 in response to the threat of tariffs on eight European NATO nations. The World Economic Forum was a focal point for the crypto markets, with Ripple CEO Brad Garlinghouse also in the spotlight. Wednesday’s rebound affirmed the bullish medium-term outlook for XRP. Easing trade tensions, robust demand for ... (full story)

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  • Category: Technical Analysis