XRP Price Today: XRP Reclaims $1.40 as Fed-Cut Bets and Short Covering Fuel Rebound
XRP pushed past $1.40 on Friday, notching a 2.2% gain for the session as bitcoin and ether joined the move higher. The token saw intraday swings between $1.37 and $1.45, settling right at $1.40 after U.S. inflation data landed near forecasts. XRP’s break above the $1.39 resistance zone—a level that stalled upside moves earlier this year—puts the focus back on a critical technical region. IG market analyst Axel Rudolph pointed out that taking out Monday’s $1.4424 high could clear a path toward the $1.46-$1.49 range.