XRP Price Holds Near $1.10 as Ripple Secures EU Approval

XRP Price Holds Near $1.10 as Ripple Secures EU Approval

Key Insights

  • XRP price remains near $1.10 support despite falling 69% from its 2025 peak.
  • Ripple secured preliminary MiCA approval, expanding access across all 27 EU member states.
  • Spot XRP ETFs posted seven weeks of inflows, yet price momentum stayed weak.

XRP Price Dips to Test $1.10 as Ripple Faces Regulatory Scrutiny. XRP price is struggling on Tuesday after traders eyed support level around $1.10. The token decline came just a few weeks after Ripple achieved initial regulatory approval in the EU to start building its stablecoin business in Europe.

XRP Price History Shows Milder Bear Market Declines

The chart by ChartNerd put the major XRP bear cycles side-by-side using a normalized time frame. It compared a percentage drop from each peak of a bear cycle and its duration.

However, the Twitter user stated that, at the moment, the trend of an XRP cycle still persists. Furthermore, it poses a question if there is a bottom is closer as we approach one year in the negative.

According to the latest chart, XRP bears lose out in this phase with an insignificant amount of percentage.

Historical XRP Drawdowns

CycleMaximum DrawdownDuration
2013-2014-95%7 Months
2018-2020-96%26 Months
2021-2022-85%14 Months
2025-2026*-69%11 Months

*Current cycle remains ongoing.

The 2013-2014 crash wipes over 95% of the value out within 7 months, with XRP price sinking from circa $0.07 to circa $0.003. 

The 2018-2020 bear market then marks the deepest decline in history, where prices dipped roughly 96% from ATH, with prices spending more than two years to find support. 

Later on, the 2021-2022 crash remains a lot less deep and has taken out about 85% before prices find a bottom. With a current drop of roughly 69%, some are still attempting to identify similarities between the market structure of today and past cycles.


Source:  ChartNerd

European Approval Expands Growth Opportunities

Ripple, the blockchain company led by CEO Brad Garlinghouse, announced that it has received initial approval for its Crypto Asset Service Provider license in Luxembourg. 

The approval was issued pursuant to the European Union’s Markets in Crypto Assets regulation. Once licensed in Luxembourg, Ripple plans to roll out its payment and stablecoin services to its clients in all 27 EU member states.

The decision comes months ahead of the July 1 deadline by which EU cryptocurrency firms must have a license issued under MiCA.

Many European crypto businesses have not yet obtained MiCA authorization before the July 1 deadline. As Ripple moves forward with its regulatory strategy, all eyes remain on the price of XRP, where, according to some traders, buying volume was steadily increasing. 

XRP is still working on developing its new RLUSD stablecoin. Many traders and investors still see clarity in regulation to spur further business development from such firms, and so are focusing on progress that way.

Key Regulatory Developments

  • Preliminary MiCA approval granted in Luxembourg
  • License covers operations across the EU
  • July 1 compliance deadline approaching
  • Ripple preparing broader RLUSD expansion
  • California DFAL deadline remains under watch

XRP Price Faces Critical Technical Test

Support and Resistance Levels Remain in Focus

XRP’s price hovered at around $1.11 after falling between 2%-3% in the previous 24-hour period. Meanwhile, the demand for XRP spot exchange-traded funds kept flowing, marking their seventh week of net inflows. 

Nevertheless, the ongoing weakness in the overall markets is hindering the XRP price from rallying higher, especially amid the current climate of global market uncertainty.

XRP’s price recently retreated toward an important support level, which currently lies between $1.05-$1.10, an area closely watched by market analysts.


Source: TradingView

As buyers defend this area, XRP price could carve out a more stable base; however, breaking below the zone could open up a path for price to push towards $1.00, then $0.80. 

If buyers are looking for strength, they will need to regain ground near the 50-day moving average (around $1.25).

Technical Levels to Watch

Level TypePrice
Major Support$1.05 – $1.10
Psychological Support$1.00
Lower Support$0.80
Key Resistance$1.25
Current Price$1.11

The XRP price for now continues to be at a crossroads. Some charts would prove that bear markets have declined in recent years, but it appears this particular cycle has not had a definitive ending yet. Traders will monitor upcoming regulatory outcomes as well as historical levels of support.

FAQs

1. Why is the XRP price trading near $1.10 important?

The $1.05–$1.10 range is considered a major support zone. Holding above it could signal seller exhaustion and possible price stabilization.

2. What does Ripple’s MiCA approval mean for XRP?

Ripple’s preliminary MiCA approval allows the company to move closer to offering payment and stablecoin services across all 27 European Union member states.

3. Has the XRP price experienced smaller losses in recent bear markets?

Yes. Historical data shows XRP declined by 96% in 2018–2020, 85% in 2021–2022, and about 69% in the ongoing 2025–2026 cycle.

Leakey Mureti Kaberia

Leakey Mureti Kaberia is a crypto writer creating clear, research-driven, educational content on blockchain, Bitcoin, Ethereum & Web3 at coinraftar

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