The cryptocurrency market saw a powerful bounce this week, and XRP was right at the center of the action. The token surged more than 12% in 24 hours, riding the wave of renewed optimism across global markets following a major policy shift by former U.S. President Donald Trump.

On Thursday, Trump declared a temporary 90-day pause on most international tariffs — a move that many investors have interpreted as a signal of easing geopolitical tension. The result? A broad-based rally across both U.S. stock markets and digital assets.

Global Tariff Pause fuels Investor Optimism

According to an official statement shared by the White House and reposted on Trump’s Truth Social account, the United States will suspend most international tariffs for three months. Tariff rates for over 75 countries have been dropped to 10%, offering a window of relief to global markets. China, however, remains an exception, with its tariff rate raised sharply to 125%, reflecting Washington’s hardline approach to Beijing.

The markets wasted no time in reacting.

U.S. stocks snapped back from recent lows, posting their strongest single-day performance in months. The sharp rally was mirrored across the cryptocurrency sector, with Bitcoin jumping to $82,000 and Ethereum climbing above $1,600. The overall crypto market cap increased by more than 8%, now hovering around $2.59 trillion.

XRP Leads the Altcoin Surge

Among altcoins, XRP stood out with an impressive 12% gain, briefly touching the $2 mark before pulling back slightly. This move followed a bounce off a key technical support level at $1.75, a price zone that had previously served as a consolidation point.

Analysts are now watching XRP’s next resistance band between $2.14 and $2.15. If the token manages to break through this zone with strong volume, it could pave the way for an extended rally. Potential technical targets are set at $2.47 and $2.56, based on historical resistance levels and Fibonacci retracement zones.

Despite the bullish price action, traders are approaching XRP with cautious optimism. On the higher timeframes, the asset remains inside a broader downtrend channel that it has struggled to break out of for months. A clean breakout above $2.15, followed by sustained volume, would be needed to signal a full reversal.

Technical Snapshot: XRP’s Key Levels to Watch

• Support: $1.75 – A strong bounce level that held during recent volatility.

• Immediate Resistance: $2.14–$2.15 – Critical zone that could determine next move.

• Upside Targets: $2.47 and $2.56 – Based on previous highs and technical models.

• Long-Term Resistance: Around $2.75 – A major psychological and technical level.

Momentum indicators such as the RSI (Relative Strength Index) are approaching overbought territory, suggesting that the asset may need to cool off before a sustained move higher. However, as long as support at $1.75 holds, bulls remain in control.

XRP in the Bigger Picture

While the short-term rally has energized XRP investors, it’s important to keep the broader context in mind. The crypto market, like the traditional financial markets, remains sensitive to macroeconomic news, including interest rate changes, regulatory developments, and geopolitical events.

XRP, in particular, continues to face lingering uncertainty around its legal status in the U.S., despite ongoing efforts by Ripple to resolve its regulatory challenges with the SEC. Any major update in that case could serve as a key catalyst — positively or negatively — for XRP’s price action.

In the meantime, macroeconomic triggers like the easing of tariffs, a favorable crypto regulation climate, or a broader shift in investor sentiment may continue to drive near-term volatility.

Conclusion: Is XRP Set to Break Out?

XRP’s recent 12% surge has raised new interest among traders and investors, especially given the favorable news surrounding global tariffs. If bullish momentum continues and the token clears the critical resistance at $2.15, we could see a much larger breakout in the near future.

However, caution is still warranted. XRP must maintain key support levels and show strength on higher timeframes to confirm a trend reversal. For now, the market is optimistic — but not yet out of the woods.