XRP Builds Momentum Amidst Macro Pressure Easing

XRP has recovered from its recent pullback and is now up by more than 6% in the last 24 hours, trading above $1.32 support.

This recovery comes as sustained ETF inflows continue to support a cautiously bullish view, with demand through regulated investment products remaining resilient.

The Crypto Fear and Greed Index stands at 77, indicating that market participants retain a broadly positive outlook following recent regulatory and macroeconomic developments.

Data from the CME FedWatch tool shows that the probability of a September rate hike has increased from approximately 39% to 50%, with Federal Reserve Chair Kevin Warsh signaling reluctance to allow inflation to remain elevated.