XRP jumped sharply in Monday’s session, climbing from $2.83 to $2.88 as a breakout push briefly tested $2.92 on six-fold average volume. Bulls held firm above $2.86 support, but repeated rejection at $2.90–$2.92 capped upside momentum. With Fed rate cut bets near 100% ahead of the September 17 meeting, institutional inflows remain strong — leaving the token consolidating just under critical resistance.

News Background

• Fed rate cut expectations surged, with futures markets pricing a 99% chance of a 25-basis-point cut at the September 17 FOMC meeting. • Escalating U.S.-China trade tensions stoked volatility and pushed risk flows into crypto. • Market analyst Dom flagged +10M XRP net buy pressure in 15 minutes during the breakout window. • Technical community split: bearish divergence fla

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