XRP Rises About 13% to Near $1.18 on Improved Regulatory Signals

Overview

• XRP jumped more than 13% in the first three days of July, moving from roughly $1.03 to about $1.18 and drawing fresh trading interest.
• Passage-related progress for the CLARITY Act in the U.S. Senate lifted sentiment by putting XRP into the SEC/CFTC digital-commodities discussion and reducing regulatory uncertainty.
• XRP-focused funds recorded $6.55 million of single-day inflows and roughly $1.49 billion of cumulative ETF flows, figures reported by SoSoValue that traders say have supplied steady buying pressure.
• Technical indicators put immediate resistance near $1.20 with short-term readings showing overbought conditions and an analyst warning that a weekly 20 EMA/200‑week SMA cross could flip the long-term moving average into a supply ceiling.
• The rally rests on thin available supply and concentrated holdings after months of withdrawals from exchanges, and observers say continued institutional demand and clearer regulatory outcomes will determine whether gains hold.