XRP Treads Water Near $1.07 Amid Global Gains and US Uncertainty
XRP has been trading near $1.07 as traders weigh regulatory gains in Hong Kong and Europe against uncertainty in the US.
The price of XRP hovered around $1.0771 at 8:42 a.m. UTC on July 30, down 0.89% over 24 hours, with a trading volume of approximately $1.31 billion.
Regulatory developments abroad have improved the long-term backdrop for XRP, but US legal uncertainty and macro policy risk continue to cap follow-through.
The market is treating the $1.07-$1.10 range as the immediate battleground, with support at $1.03-$1.05 and resistance at $1.10-$1.14.