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XRP Jumps As Ripple CEO Joins Key US Crypto Panel

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XRP Rally Grows Stronger as Regulatory Pressure Builds

XRP rose more than 8% in just 24 hours, reaching about $1.52, signaling a clear shift in short-term market sentiment. The move followed renewed investor optimism driven by regulatory developments, suggesting that confidence is gradually returning to the digital asset space.

The rally touched an intraday high near $1.54 after rebounding from lows around $1.40, highlighting strong buyer interest. Price action is now stabilizing just below resistance, prompting traders to monitor whether momentum can sustain another upward move.

Brad Garlinghouse Appointment Sparks Investor Confidence

Ripple CEO Brad Garlinghouse was selected to join the U.S. Commodity Futures Trading Commission’s Innovation Advisory Committee, a body that helps guide blockchain and artificial intelligence policy discussions. Markets interpreted the appointment as a constructive signal for the broader crypto sector.

The development reflects growing collaboration between regulators and industry leaders as authorities work toward clearer digital asset frameworks. Investors often view regulatory engagement as a pathway to reduced uncertainty, which can support stronger long-term valuations.

Institutional Exposure Continues To Expand

Institutional interest has increased alongside regulatory progress, reinforcing a more optimistic narrative around XRP’s future. Reports indicate that Goldman Sachs holds roughly $152 million in XRP exchange-traded funds, underscoring Wall Street’s expanding participation.

Meanwhile, Binance’s addition of RLUSD to the XRP Ledger helped push the stablecoin’s market capitalization to approximately $1.5 billion. Greater liquidity typically strengthens blockchain ecosystems by improving transaction efficiency and attracting additional capital.

Recommended Article: Ripple Calls XRP North Star After $4B Acquisition Push

Technical Breakout Signals Strong Buyer Control

From a technical perspective, XRP transitioned from a consolidation phase into a breakout pattern supported by rising moving averages. Recent averages around $1.47 to $1.48 now form layered support zones, reinforcing bullish positioning.

Widening Bollinger Bands suggest increasing volatility, and price activity near the upper band indicates persistent buying pressure. Trading volume also climbed during the rally, a sign that conviction among market participants may be strengthening.

Indicators Warn Rally May Be Overextended

Despite the upward trend, several indicators imply the rally could be nearing overbought territory. The Relative Strength Index climbed above 80, a level that often precedes short-term cooling periods as traders lock in gains.

The Moving Average Convergence Divergence histogram remains positive, signaling continued upward momentum. However, experienced traders typically watch for early signs of exhaustion when readings become elevated, emphasizing the importance of balanced positioning.

Ripple Strategy Positions XRP At The Core

During a recent community event, Garlinghouse described XRP as the “North Star” guiding Ripple’s long-term strategy. The company continues advancing initiatives such as institutional lending tools and zero-knowledge proof integrations.

These efforts demonstrate a coordinated push to enhance XRP’s utility within financial services while strengthening privacy capabilities. Strategic alignment between infrastructure and token use often plays a critical role in driving enterprise adoption.

Key Price Levels May Decide What Happens Next

Holding above the $1.47 level would preserve the current bullish structure, with the recent session high acting as immediate resistance. A decisive breakout could trigger further upside as momentum attracts additional participation.

Conversely, weakening indicators or declining volume could signal a pullback toward mid-band support before the next directional move emerges. For now, sentiment remains constructive, but traders continue to watch for confirmation of sustained strength.

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Krypton Today Staff

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