XRP price steadies near $1.00 as regulatory wins boost investor confidence

Ripple's XRP cryptocurrency is trading around $1.07, down roughly 73 % from its mid‑2025 peak of $4.00. The token remains under heavy bearish pressure, with the daily chart showing lower highs and lower lows and prices staying below key moving averages. Immediate technical support sits at $1.0076, close to the psychological $1.00 level, while resistance is clustered near $1.10, $1.20 and higher.

Regulatory developments have removed a major obstacle: Ripple resolved its long‑running case with the U.S. Securities and Exchange Commission, and European approval from Luxembourg’s CSSF under the MiCA framework allows the company to expand regulated products, including a euro‑denominated stablecoin. Institutional interest persists, as spot XRP ETFs recorded $22.99 million in net inflows during their strongest week in over six weeks, and on‑chain data shows wallets holding at least 1 million XRP control about 74 % of the circulating supply.

Derivatives activity has cooled, with open interest falling from over $10 billion to about $2.4 billion, indicating waning speculative leverage. Nonetheless, net exchange outflows of roughly $5.6 million suggest investors are moving tokens to private wallets, potentially limiting sell‑side supply. Continued buying pressure above $1.14‑$1.22 could lift the price toward higher resistance zones, but a break below $1.00 would likely trigger further declines.