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CoinDesk1 min read
Can XRP Break $1.35? Price Shrugs off Energy Spikes as Fresh US Inflation Report Offers Brief Relief
TL;DR
XRP's price is currently stabilizing around $1.3460 following a positive reaction to the latest U.S. inflation report, which showed Core CPI at +0.2%. This has eased concerns among institutional investors about inflation impacts.
Key points
- XRP price stabilizing around $1.3460
- Core CPI at +0.2% eased investor concerns
- XRP tested $1.3475 after inflation report
U.S. Consumer Price Index
U.S. Consumer Price Index (CPI) data for March, released at the end of the week, brought slightly more clarity to investor expectations. Despite overall inflation turbulence, the digital asset sector — including XRP as a key retail and institutional crypto — reacted with moderate optimism.
The market focused not on the headline figure but on Core CPI, which came in at +0.2% (versus the expected +0.3%). This is the metric the Federal Reserve relies on when making rate decisions, and the fact that it came in “cooler” than forecasts reduced panic among institutional investors.
XRP price chart, Source: CoinMarketCap
Immediately after the release, XRP tested the $1.3475 zone, after which it transitioned into a phase of healthy consolidation. The volume profile indicates a significant cluster of orders around $1.3460 — a “magnet” around which the price is currently balancing.
How cooling U.S. inflation provides safety net for XRP holders
Headline inflation jumped to +0.9% due to the conflict in the Middle East and elevated energy prices. The crypto market is currently acting as a kind of hedge against this instability: investors believe the Fed will not tighten policy aggressively in response to external shocks it cannot directly control.
The current consensus is that the Fed is likely to remain on pause through the end of 2026. This creates an environment for sideways price action, with an upward bias for large-cap altcoins such as XRP.
The news backdrop currently favors buyers, but without excess. The market has interpreted the data as “acceptable,” avoiding sell-offs and holding above the $1.34 level for XRP.
Q&A
What is the current price of XRP after the U.S. inflation report?
XRP is currently stabilizing around $1.3460 following the release of the U.S. inflation report.
How did the U.S. Consumer Price Index affect XRP prices?
The U.S. Consumer Price Index showed a Core CPI of +0.2%, which was lower than expected and led to a moderate optimism in the digital asset sector, including XRP.
What is the significance of the $1.3475 zone for XRP?
The $1.3475 zone was tested by XRP immediately after the inflation report, indicating a key resistance level as the price consolidates around $1.3460.
