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Crypto

XRP Price Teeters at Resistance as SEC Guidance Offers Clarity

Guavy AI Editorial Team
Instruments
XRP
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XRP has seen its price rise to $1.54, representing a 10% gain over the week.

The four-hour chart shows support at $1.50 and resistance at $1.60.

The SEC's nonbinding guidance on crypto does not classify XRP, but it does provide some context for its price prediction.

In related news, five U.S. spot XRP ETFs recorded net inflows of $22.65 million on September 25, with Bitwise contributing $18.39 million, or about 81% of the total.

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