Overview
- XRP ticked higher to roughly $2.12–$2.14 after holding the $2.00–$2.10 zone, with traders eyeing $2.22–$2.26 as the next near‑term test.
- Analysts say a decisive move above $2.41 would signal recovery, while a clean break below $2 risks follow‑through toward $1.77–$1.65, with some calling $1.25 in a deeper slide.
- Senate Banking Chair Tim Scott released a draft Clarity Act that would classify XRP alongside Bitcoin and Ethereum, though committee analysis was pushed back by about two weeks.
- U.S. spot XRP ETFs notched a fourth straight day of net inflows, recouping earlier losses and lifting cumulative netflows to about $1.25 billion.
- U.S. CPI rose 2.6% year over year versus 2.7% expected, improving rate‑cut hopes and helping lift crypto prices including XRP.