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XRP Faces Resistance at $1.50 Amid Legislative Developments

XRP remains under pressure, trading below the significant resistance level of $1.50 despite notable institutional interest and demand. As of now, the token is priced at $1.47, reflecting a modest increase of 0.03% within the last 24 hours. The digital asset’s struggle to gain momentum persists, even as adoption rates rise and inflows into exchange-traded funds (ETFs) continue.

Institutional Demand Underpins XRP’s Outlook

The growing demand for ETFs has emerged as a key factor supporting XRP’s medium-term prospects. Since the introduction of US XRP-spot ETFs, total net inflows have reached an impressive $1.23 billion. Notably, the Grayscale XRP ETF (GXRP) has attracted $131.46 million since its launch in November 2025, underscoring institutional confidence in the asset. Ripple’s business expansion, coupled with its new US banking license, has positively influenced XRP’s real-world applications, fostering optimistic price expectations in the medium term.

The token’s performance is also closely tied to developments surrounding the US Market Structure Bill, which is currently under Senate review. Legislative progress previously triggered a 15% surge in XRP’s value within a single day, highlighting the sensitivity of investor sentiment to regulatory news. Delays in Senate voting earlier this year led to a significant drop, with XRP’s value sliding from $2.4151 in January to $1.1227 by early February. Should the Senate confirm a vote and pass the bill, XRP could potentially reach $2.50 within the next four to eight weeks.

Macro Factors Influencing the Market

The trajectory of XRP is affected by broader macroeconomic conditions. The Federal Reserve’s anticipated interest rate adjustments significantly impact both liquidity and investor risk appetite. Meanwhile, the Bank of Japan’s evolving stance on its neutral rate could influence global capital flows, particularly through yen carry trades. Positive US economic indicators, alongside ongoing legislative delays and ETF outflows, may exert downward pressure on XRP, increasing the likelihood of testing the psychological support level of $1.00.

In terms of technical analysis, XRP recently broke above the lower trendline of a falling wedge pattern but experienced a slight decline afterward, finding support at this trendline. Currently, XRP is stabilizing around $1.47, but a close below this trendline could lead to further declines toward the weekly support level of $1.30. Momentum indicators show a divergence; the Relative Strength Index (RSI) indicates increasing bearish pressure, while the Moving Average Convergence Divergence (MACD) suggests underlying bullish momentum may still be present.

If the lower trendline holds as support, XRP could recover towards the 50-day Exponential Moving Average (EMA) at $1.71. Resistance levels remain at $1.50 and $2.00. A sustained move above $1.50 could indicate the beginning of a near-term trend reversal, providing hope for investors amid a fluctuating market landscape.

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