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XRP holds key $1.30 support amid record ETF inflows and positive U.S. regulatory moves.

Market News
16 May 2026
Tokenpost
View Source
Bullish
pluang ai news

XRP is trading near a critical support level of $1.30 after failing to break above $1.55, with technical signals mixed but showing potential for a bullish breakout if it surpasses $1.45-$1.55 resistance. Record inflows into XRP spot ETFs, reaching an all-time high of 881.5 million XRP, contrast with outflows in Bitcoin and Ethereum ETFs, suggesting strong institutional interest. Additionally, the U.S. Senate Banking Committee advanced the CLARITY Act, which could classify XRP as a digital commodity, reducing regulatory uncertainty and encouraging institutional adoption. Traders are watching for XRP to hold support and break resistance to confirm a trend reversal amid growing regulatory and market infrastructure support.

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