The Strait of Hormuz blockade pushes oil prices up to $111, as geopolitical risk-averse funds rush into gold and commodities. Bitcoin has fallen cumulatively since the conflict began, and the safe-haven narrative faces a severe test.

XRP Price Status: Consolidating Before the $1.40 Resistance Level According to CoinMarketCap data, as of the morning of April 29, XRP is priced at $1.3992. It has increased by 0.83% in the past 24 hours but has decreased by 3.57% over the past 7 days. Over the last 30 days, it has risen by 3.89%, and over 60 days, it has increased by 8.53%, maintaining a medium-term recovery trend. However, over the past 90 days, it has fallen by 25.24%, indicating a significant pullback compared to the early-year high. The 24-hour trading volume is approximately $1.92B, down about 1.65% from the previous day. The current market capitalization is $86.31174 billion, with a market share of 3.33%. From a technical analysis perspective, XRP is below the 50-day and 200-day moving averages, and the RSI indicator has not issued a rebound signal.