The crypto spotlight is back on XRP as U.S. lawmakers reignite momentum for the long-awaited Market Structure Bill, giving traders hope for long-term regulatory clarity. After a two-day dip, XRP rebounded +1.7%, and bulls now have their eyes on the $2.5 resistance zone.
🏛️ Regulatory Roundtables Reignite Optimism
Lawmakers including Senator Kirsten Gillibrand led bipartisan discussions with crypto industry leaders to fast-track the Market Structure Bill, aiming to define how digital assets are regulated under the CFTC and SEC.
The White House, via Crypto Czar David Sacks, reaffirmed support, calling the bill a “top priority”.
Senators agreed to refine the bill’s DeFi definitions while strengthening anti-money laundering rules.
The crypto community is now hopeful that 2025 could finally deliver the clarity institutions have been waiting for.
📈 Why It Matters for XRP
After years of battling the SEC, XRP’s price remains highly sensitive to policy shifts. The token jumped 14.69% when the House passed the bill in July — and traders are now watching if the Senate can follow through.
However, a U.S. government shutdown and Senate gridlock could stall ETF approvals and institutional inflows. The next Senate vote is expected Monday, Oct 27.
💰 XRP Technical Snapshot
Price: $2.39
Key Resistance: $2.5, $2.7, $3.0
Support Levels: $2.2, $2.0, $1.9
EMAs: Still below both 50-day and 200-day averages, showing mild bearish bias.
📊 Scenarios Ahead
🔺 Bullish Path:
✅ Senate passes the Market Structure Bill
✅ BlackRock files for an XRP-spot ETF
✅ Ripple secures a U.S. bank license
✅ US-China trade truce boosts risk assets
➡️ XRP could surge past $2.5 and test $2.7–$3.0
🔻 Bearish Risks:
❌ Continued Senate deadlock
❌ ETF delays and stricter AML provisions
❌ Weak institutional demand
➡️ XRP could slip back toward $2.2–$2.0 support levels
🧭 Market Outlook
XRP’s next big move hinges on Washington’s crypto policy. If bipartisan progress continues, a $3 breakout is back on the table. But until ETFs and regulation align, traders should brace for volatility.
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