$XRP

As of February 11, 2025, XRP is trading at approximately $2.48, reflecting a slight increase from the previous close.

In recent days, XRP has demonstrated resilience, recovering from a support level of $2.28 and breaking through a bearish trend line. Key resistance levels to monitor are $2.50 and $2.60. 

The cryptocurrency market is currently focused on the upcoming January Consumer Price Index report, scheduled for release by the Bureau of Labor Statistics. Economists anticipate a 2.9% year-over-year increase in inflation. Higher-than-expected inflation could influence Federal Reserve policies, potentially affecting cryptocurrency valuations. 

Additionally, XRP remains in an accumulation phase, with investors closely watching for potential market triggers, such as the approval of an XRP exchange-traded fund (ETF). While firms like Bitwise have filed applications for XRP ETFs, regulatory approval is still pending. 

Please note that cryptocurrency markets are highly volatile. It’s advisable to consult multiple sources and exercise caution when making investment decisions.