XRP steadies near $1.10 as regulatory wins and technical resistance shape outlook

XRP traded between $1.09 and $1.13 in late July 2026, with the token testing a key support zone around $1.08‑$1.10 and facing resistance near $1.15‑$1.20. Technical indicators show the price near the 20‑day EMA, Bollinger mid‑band and a descending trend line, while the RSI hovered in the low‑40s. A decisive break above $1.13 could open the path to $1.17‑$1.21, whereas a fallback below $1.08 would expose the next downside target around $1.00.

Regulatory and market developments added further context. In the United States, the bipartisan CLARITY Act—intended to clarify oversight between the SEC and CFTC—was delayed until the congressional recess, dampening hopes for immediate price uplift. The European Union granted Ripple a MiCA‑type license through Luxembourg, allowing broader cross‑border service provision, yet the token still failed to sustain a rally above $1.10. Meanwhile, spot XRP ETFs in the U.S. have accumulated over $1 billion in assets, and on‑chain data showed large‑holder (whale) balances rising by 2.8 % over five weeks. Binance’s on‑exchange XRP reserves fell to about 2.6 billion, indicating reduced sell‑side supply. Collectively, these factors explain why XRP’s fundamentals appear stronger while price action remains muted.