XRP Remains Rangebound Amid Middle East Tensions and Rising Oil Prices

XRP has been trading within a narrow range of $1.30 to $1.40 for the past four months in 2026. According to NS3.AI, the cryptocurrency's stagnant movement is attributed to a weaker risk appetite among investors. This sentiment is influenced by ongoing tensions in the Middle East, escalating oil prices, and the strategic closure of the Strait of Hormuz. These factors have contributed to a cautious approach in the market, keeping XRP's price movement limited.