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XRP nears breakout as EU MiCA approval boosts outlook despite US regulatory doubts.

Technical Signals
18 Jul 2026
Tokenpost
View Source
Neutral
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XRP is approaching a key technical breakout point amid positive regulatory progress in Europe with Ripple gaining approval under the EU's MiCA framework, allowing broader crypto services across 30 countries. However, uncertainty remains in the US due to doubts over the Digital Asset Market Clarity Act, which could impact institutional adoption. Despite steady ETF inflows and inclusion in multi-token products, XRP's price remains capped between $1.00 and $1.20, reflecting mixed market sentiment and subdued retail interest. The next major price move depends on breaking the $1.12–$1.18 resistance zone and clarity from US legislation.

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