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 fell to $1.38 after breaking below the $1.40 support level on rising selling pressure. The move left XRP consolidating just below $1.40 after a range floor that had held for weeks gave way.

XRP remains pressured after failing to hold above $1.42, slipping toward $1.39 with $1.38 as the key short-term support. A break below could target $1.36-$1.34; reclaiming $1.42 would reframe, aiming for $1.44-$1.45. Abstract: This report examines XRP's near-term trajectory, noting renewed selling pressure after failing to sustain above $1.42 and a key risk of a move toward $1.34 if support at $1.38 fails. A rebound above $1.42 could revive upside toward $1.44-$1.45, shaping a cautious, range-bound outlook.