XRP climbs 6% to $1.44 as ETF inflows and record ledger activity fuel recovery
XRP rose over 6% in 24 hours to around $1.44, recovering from support at $1.32 as traders assess macroeconomic conditions ahead of a US jobs report. The token's next key resistance target is $1.90. Daily trading volume remains elevated at roughly $2.7 billion, representing about 3.2% of XRP's market capitalization. US spot XRP ETFs recorded net inflows for 11 consecutive sessions, adding $21 million in early September, while the seven-day average of daily active addresses on the XRP Ledger hit a record 1.34 million. The Federal Reserve's potential September rate hike, with odds rising to 50%, poses a key risk that could pressure crypto demand. Technical support sits between $1.30 and $1.35, with further support near $1.23, while a sustained close above $1.90 could open the path to new highs.