XRP Recovery Hits Resistance: $1.95 Breakout Needed to Reignite Bullish MomentumAccording to market analyst HolderStat, XRP’s rebound is at a pivotal juncture, XRP Recovery Hits Resistance: $1.95 Breakout Needed to Reignite Bullish MomentumAccording to market analyst HolderStat, XRP’s rebound is at a pivotal juncture,

XRP Price Prediction — Recovery on Thin Ice as Ripple’s Global License Count Soars Past 75

XRP Recovery Hits Resistance: $1.95 Breakout Needed to Reignite Bullish Momentum

According to market analyst HolderStat, XRP’s rebound is at a pivotal juncture, with price action stalling below a key descending resistance trendline. After a sharp selloff, the token has stabilized and staged a modest recovery, but the broader technical structure remains fragile, with sellers still dominating the medium-term trend.

At the time of reporting, XRP was trading at $1.92, according to CoinCodex data, just below a critical $1.95 resistance zone. 

Well, this level coincides with a descending trendline that has repeatedly capped recent rallies. Although buyers have defended lower levels and sparked a short-term bounce, momentum remains weak, suggesting bulls lack the strength for a decisive breakout.

HolderStat suggests the recent price uptick is a corrective bounce, not yet a true trend reversal. Such rallies often follow sharp declines as short sellers cover and bargain hunters step in, but without strong volume and a decisive break above resistance, they tend to fade and invite renewed selling.

The $1.95 level is now the key battleground. A clear breakout and sustained close above this falling trendline would signal a meaningful shift in market structure, potentially restoring bullish control and paving the way for higher price targets.

Ripple Now Holds Over 75 Global Regulatory Licenses — A Major Milestone for Crypto Compliance

Ripple has surpassed 75 regulatory licenses and approvals worldwide, according to crypto researcher SMQKE, marking one of the most extensive compliance footprints in the crypto industry. 

Therefore, the milestone highlights Ripple’s deliberate push to integrate with traditional financial systems, reinforcing its credibility and positioning XRP for broader institutional adoption.

Ripple now holds regulatory licenses across major financial hubs, including Europe, the UK, Asia-Pacific, the Middle East, and North America. 

In the UK, it secured both an Electronic Money Institution (EMI) license and crypto asset registration from the Financial Conduct Authority (FCA), enabling it to provide regulated digital payment and asset services in one of the world’s most established financial markets.

Ripple has secured key regulatory approvals in Europe, including preliminary EMI authorization in Luxembourg, enabling it to scale licensed services across the EU under the unified MiCA framework. These approvals are strategically vital, granting passporting rights that allow Ripple to operate throughout all 27 member states without seeking separate national licenses.

This regulatory footprint goes beyond compliance, it underpins Ripple’s ambition to make XRP and its payment solutions accessible to banks, payment firms, and institutional investors. 

By aligning with local financial laws, Ripple reduces legal uncertainty, strengthens trust, and opens the door to institutional adoption, an essential step toward moving crypto from speculative trading to real-world financial infrastructure.

Conclusion

XRP remains constrained below a critical descending resistance, with current gains largely corrective rather than trend-defining. A decisive breakout above $1.95 is needed for bulls to regain momentum and signal a potential shift toward sustained upward movement. Until then, near-term price action remains uncertain, emphasizing the significance of this key barrier.

Meanwhile, Ripple’s attainment of over 75 global regulatory licenses highlights its commitment to compliance, transparency, and integration with traditional finance. This expanding regulatory footprint not only strengthens XRP’s legitimacy but also positions it for broader institutional adoption and cross-border payment innovation.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

This world-class blunder has even Trump's kingmaker anguished

This world-class blunder has even Trump's kingmaker anguished

Before he TACO’d at Davos, Donald Trump’s vow to take Greenland by hook or crook because he didn’t win the Nobel Peace Prize was next level insanity prancing on
Share
Rawstory2026/01/24 18:30
Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
EUR/CHF slides as Euro struggles post-inflation data

EUR/CHF slides as Euro struggles post-inflation data

The post EUR/CHF slides as Euro struggles post-inflation data appeared on BitcoinEthereumNews.com. EUR/CHF weakens for a second straight session as the euro struggles to recover post-Eurozone inflation data. Eurozone core inflation steady at 2.3%, headline CPI eases to 2.0% in August. SNB maintains a flexible policy outlook ahead of its September 25 decision, with no immediate need for easing. The Euro (EUR) trades under pressure against the Swiss Franc (CHF) on Wednesday, with EUR/CHF extending losses for the second straight session as the common currency struggles to gain traction following Eurozone inflation data. At the time of writing, the cross is trading around 0.9320 during the American session. The latest inflation data from Eurostat showed that Eurozone price growth remained broadly stable in August, reinforcing the European Central Bank’s (ECB) cautious stance on monetary policy. The Core Harmonized Index of Consumer Prices (HICP), which excludes volatile items such as food and energy, rose 2.3% YoY, in line with both forecasts and the previous month’s reading. On a monthly basis, core inflation increased by 0.3%, unchanged from July, highlighting persistent underlying price pressures in the bloc. Meanwhile, headline inflation eased to 2.0% YoY in August, down from 2.1% in July and slightly below expectations. On a monthly basis, prices rose just 0.1%, missing forecasts for a 0.2% increase and decelerating from July’s 0.2% rise. The inflation release follows last week’s ECB policy decision, where the central bank kept all three key interest rates unchanged and signaled that policy is likely at its terminal level. While officials acknowledged progress in bringing inflation down, they reiterated a cautious, data-dependent approach going forward, emphasizing the need to maintain restrictive conditions for an extended period to ensure price stability. On the Swiss side, disinflation appears to be deepening. The Producer and Import Price Index dropped 0.6% in August, marking a sharp 1.8% annual decline. Broader inflation remains…
Share
BitcoinEthereumNews2025/09/18 03:08