XRP Price Slumps Amid Geopolitical Tensions and CPI Report Jitters

Ripple's price continues to wobble as it trades below $1.40, mirroring the broader cryptocurrency market's fragile outlook.

Despite this, large-volume investors are increasing their exposure to XRP, while addresses holding between 100K and 1M tokens account for 9.4% of the total supply.

The token's institutional demand through US-listed ETFs is also rising, with inflows reaching $12 million on Wednesday.

Technically, XRP holds above key Exponential Moving Averages (EMAs), with the 200-day EMA offering immediate dynamic support around $1.36.