XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI

nvestors are closely watching the upcoming U.S. Consumer Price Index release, which could influence Federal Reserve policy expectations and risk appetite. What to know : XRP traded in a tight range around $1.38 as volatility compressed across crypto markets ahead of key U.S. inflation data that could shape Federal Reserve policy expectations. On-chain and institutional activity remained robust, with daily XRP Ledger transactions topping 2.7 million and XRP-linked investment products amassing about $1.4 billion in assets. Ripple began a $750 million share buyback that would value the company near $50 billion, while traders watched the $1.35–$1.37 support and $1.40–$1.42 resistance zones for the next decisive price move.