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XRP Eyes Breakout While Markets Remain Tense

XRP Eyes Breakout While Markets Remain Tense

CointribuneCointribune2025/09/12 14:27
By:Cointribune

The latest US inflation figures reignite tensions in the financial markets, and the crypto sector is not immune to this nervousness. Stuck below the $3 mark, XRP struggles to define a clear trend. In a climate where every economic data fuels speculation about the Fed’s monetary policy, Ripple’s asset moves in a zone of uncertainty. Between hopes for a breakout and risks of correction, pressure is mounting around a threshold that has become strategic.

XRP Eyes Breakout While Markets Remain Tense image 0 XRP Eyes Breakout While Markets Remain Tense image 1

In brief

  • US inflation rises again and puts the Federal Reserve under pressure.
  • The crypto market remains attentive, with XRP stuck around the critical $3 threshold.
  • Fed rate cut expectations have slightly receded after the release of the CPI.
  • Technical indicators signal a potential breakout, with a key resistance at $3.35.

US inflation reignites tensions: Fed under pressure, XRP on hold

The monthly report from the Bureau of Labor Statistics, published this Thursday, September 11, surprised the markets. The Consumer Price Index (CPI) rose 0.4 % in August (compared to 0.2 % in July), bringing annual inflation to 2.9 %, its highest level since January, while the crypto market is recovering .

The “core” version of the index, which excludes food and energy, remained stable at +3.1 % year-over-year. This data, deemed critical, tempered hopes for a rapid easing of US monetary policy. Expectations for a 0.25 point rate cut by the Fed in September fell from 91 % to 88.7 %”, according to CME Group’s FedWatch tool.

In this tense context, risk assets, including XRP, react cautiously. Ripple’s crypto clings to the psychological threshold of $3.00, failing to establish a clear direction. This status quo is notably explained by a hesitant market dynamic, characterized by “an aggressive push and pull between buyers and sellers”. Specifically, here are the key points :

  • The overall CPI stands at 2.9 %, compared to 2.7 % the previous month ;
  • The Core CPI remains at 3.1 %, a level closely watched by the Fed ;
  • The probability of a rate cut at the next FOMC meeting has slightly decreased ;
  • XRP is stuck around $3.00, without a breakout up or down.

In summary, macroeconomic data has slowed speculative momentum around XRP, without reversing the trend. The crypto market, like stock indices, is now in a wait-and-see phase, suspended to the next monetary policy announcement.

The rise of derivatives

While the macroeconomic context weighs on the short-term prospects of the entire crypto market, Ripple’s crypto shows specific signs of resilience. Open Interest in XRP futures contracts reached $8.15 billion this Thursday, compared to $7.37 billion last Sunday.

This significant increase in speculative engagement reflects a renewed investor interest in the asset and can be interpreted as anticipation of a significant directional move. At this stage, the $3.00 threshold acts as a technical pivot. Investors are buying dips towards $2.91, a level corresponding to the 50-day exponential moving average (EMA 50).

From a technical analysis perspective, signals point upward. The MACD configuration, in “buy signal” mode since Monday, and a stable RSI at 54 indicate a moderate but real bullish momentum.

The RSI increase, approaching an overbought zone, confirms sustained buying pressure. Furthermore, the next critical zone identified by analysts is $3.35, last tested in mid-August. If this resistance were to break, the market could then target the peak reached last July 18 at $3.65 .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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