📢XRP stabilizes amid increased inflows and derivatives market activity
📊XPR extends sideways trading in a range between $1.45 and $1.50.
📊The XRP derivatives market sustains a mild increase in futures Open Interest to $2.56 billion.
📊XRP digital investment products recorded $33.4 million in inflows last week, bringing total assets under management to $2.5 billion.
🪙📊Ripple (XRP) is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43.
📊🪙Last week's United States Consumer Price Index (CPI) report showed that inflation eased in January, fuelling optimism for at least two interest rate cuts by the Federal Reserve (Fed) in 2026. The increased likelihood of rate cuts tends to favor risk assets such as XRP, but the market's overall risk-off tone continues to weigh on the token.
