Summary
- XRP price is trading around $2.45, consolidating between $2.30 and $2.55 as traders await the U.S. CPI report.
- Resistance remains at $2.60, with support near $2.25–$2.30; sentiment is cautiously neutral ahead of inflation data.
- A softer-than-expected CPI reading could boost XRP, potentially pushing it above $2.60 toward $2.75–$2.85.
- Higher-than-expected inflation could put XRP under pressure, testing support at $2.30 and possibly dropping toward $2.10–$2.20.
- The near-term XRP price prediction is balanced, with the upcoming CPI report likely determining the next move and shaping the token’s short-term outlook.
At around $2.45, XRP is holding steady while traders wait for fresh U.S. inflation data.
The upcoming CPI report could shake things up, setting the tone for risk assets through the end of the month and determining if XRP can rebound toward $2.60 or drift lower.
Table of Contents
XRP price: Current market data
Ripple (XRP) continues to consolidate between $2.30 and $2.55, struggling to establish momentum after multiple failed attempts to hold above $2.60. Resistance remains firm at that level, while layered support around $2.25–$2.30 is keeping the downside in check.
Sentiment has turned cautiously neutral, with traders reducing leverage and taking defensive positions ahead of the CPI data.
Daily volumes are steady but lighter than earlier in the week, a sign that the market is repositioning rather than expanding. This calm phase mirrors the broader crypto market’s patience as investors await clearer signals on inflation and the Fed’s next move.
Positive price factors for XRP price
A softer-than-expected
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Author: Nastya Lezo
