XRP price today shows the token holding slightly above the $2 level, supported by a resilient long-term trend structure and renewed regulatory momentum that continues to influence overall market sentiment.XRP price today shows the token holding slightly above the $2 level, supported by a resilient long-term trend structure and renewed regulatory momentum that continues to influence overall market sentiment.

XRP Price Today: Will XRP Maintain Its $2 Support as Bullish Supertrend Aligns With CFTC Spot Contract Review?

2025/12/07 02:00

XRP is currently trading near $2.03 amid steady liquidity conditions, even as the broader crypto market experiences mixed volatility. Aggregated market data from major exchanges indicates strong 24-hour activity, with analysts pointing to the monthly Supertrend indicator as a key factor in maintaining bullish structure. Meanwhile, the CFTC’s progressing review of a spot XRP contract is adding further attention from institutional and retail participants tracking the latest Ripple XRP news.

XRP Price Chart Today

XRP is trading around $2.03, down 2.73% over the past 24 hours, based on aggregated price data from leading exchanges. Despite the slight decline, 24-hour trading volume remains above $3 billion, reflecting continued market engagement across the XRP crypto ecosystem.

XRP was trading at around 2.03, down 2.73% in the last 24 hours at press time. Source: XRP price via Brave New Coin

The asset remains above the $2 psychological threshold, a level closely watched by traders tracking the XRP price chart, liquidity shifts, and short-term momentum. Market participants note that staying above this zone helps preserve a broader upward structure, even as intraday swings persist across the digital asset market.

Supertrend Indicator Remains Bullish

The longer-term outlook for XRP remains stable, supported by the monthly Supertrend indicator—a volatility-based tool used to identify directional trends over extended periods. Independent technical analyst ChartNerd (@ChartNerdTA) commented on X that “XRP’s monthly Supertrend remains bullish. Being above the green Supertrend line indicates a strong, long-term bullish trend.”

XRP’s monthly Supertrend remains bullish, with the price above the green line, signaling continued long-term upward momentum and no immediate bearish trends. Source: @ChartNerdTA via X

The current Supertrend support sits above the $1.30 region, which previously acted as a structural divider between bullish and bearish phases during the 2018 and 2022 market downturns. XRP has maintained its position above major trend markers since early 2024, and analysts note no immediate signs of a reversal based on current readings.

However, market experts emphasize that indicators reflect historical behavior—not guarantees. Broader macro conditions, liquidity trends across the XRP Ledger, and sector-wide risk sentiment will continue to influence future price direction. Community discussions referencing long-term targets or potential ETF developments remain speculative and should be viewed as opinion, not predictive certainty.

CFTC Spot Listing Marks Major Regulatory Milestone

A notable development this week came from the Commodity Futures Trading Commission (CFTC), which is reviewing Bitnomial’s publicly filed self-certification to list an XRP-USD spot contract—the first digital asset proposed for the regulator’s newly developed trading platform.

CFTC’s new crypto platform will debut with Bitnomial’s SPOT XRP contract, marking XRP as the first-ever digital asset featured on the exchange. Source: @Crypt0Senseii via X

Crypto market commentator CryptoSensei (@Crypt0Senseii) described the announcement as significant for market structure, noting its potential impact on regulated access: “The CFTC is set to feature Bitnomial’s spot XRP contract as the first digital asset on its brand-new crypto trading platform.”

The filing, submitted on December 1, 2025, outlines the proposed contract, including technical details of the XRP Ledger, its consensus mechanism, and governance model. The certification aligns with Bitnomial’s expected launch of a regulated retail spot crypto venue scheduled for the week of December 8, 2025, pending applicable reviews.

Analysts note that while the development marks a step toward greater regulatory clarity, timelines and outcomes may still evolve as the CFTC continues its review process.

Technical Outlook: Key Levels to Watch

According to an independent TradingView analyst, readCrypto, several price zones may guide XRP’s next directional phase. The analyst suggests the uptrend could strengthen if XRP sustains momentum above the $2.48–$2.60 resistance area—a zone viewed as a potential breakout region rather than a predetermined target.

XRP’s bullish outlook strengthens as the price targets a breakout above $2.48–$2.60, while support at $1.82–$1.95 underpins the broader uptrend. Source: readCrypto on TradingView

On the downside, the $1.82–$1.95 range is identified as a key support zone aligned with monthly StochRSI readings, which help assess momentum extremes over longer timeframes. A deeper decline into the $1.50–$1.96 region may introduce the risk of a broader bearish shift, though this scenario depends heavily on overall market conditions, liquidity movements, and macroeconomic factors.

Analysts emphasize that support and resistance levels provide scenarios, not predictions, and should be interpreted within the wider context of market volatility and evolving regulatory developments.

Final Thoughts

XRP continues to trade steadily above the $2 level, supported by a stable long-term Supertrend reading and increased attention following Bitnomial’s self-certification filing with the CFTC for an XRP spot contract. While short-term volatility is expected across the crypto market, XRP’s strong liquidity profile, transparent ledger structure, and expanding institutional focus continue to shape its position within the digital asset landscape.

As traders watch how XRP interacts with the $2.10 region and broader resistance levels, market conditions—not individual indicators—will determine whether momentum can sustain. With regulatory developments progressing and interest in the XRP Ledger ecosystem growing, the XRP price outlook remains a central narrative within ongoing XRP news today, supported by both technical observations and evolving market structure.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Western Union Eyes Stablecoin Card for Inflation Zones

Western Union Eyes Stablecoin Card for Inflation Zones

The post Western Union Eyes Stablecoin Card for Inflation Zones appeared on BitcoinEthereumNews.com. Western Union is building a stablecoin-backed prepaid card targeting countries with high inflation rates. Summary Western Union is creating a stablecoin-backed prepaid card for inflation-heavy economies. The USDPT token on Solana launches in 2026, integrating with the firm’s remittance network. Partnership with Rain enables Visa stablecoin cards and crypto-to-cash conversions. The money transfer giant plans to offer the product in markets where local currency depreciation erodes purchasing power, CFO Matthew Cagwin told the UBS Global Technology and AI conference. Cagwin pointed to Argentina as a prime use case, where inflation exceeded 200% last year. The dollar-denominated card would help preserve value for remittance recipients in economies facing rapid currency devaluation. Rain partnership brings Visa stablecoin cards Western Union has partnered with Rain to issue Visa cards linked to stablecoins. The collaboration allows users to convert digital assets stored in wallets connected to Rain’s platform into local cash at Western Union branches. The company is building on-ramps and off-ramps within its digital asset network to reduce banking system dependence and accelerate fund settlement. “We’re working with several providers to build this infrastructure,” Cagwin stated. Western Union plans to launch the US Dollar Payment Token (USDPT) in 2026, a stablecoin issued by Anchorage Digital on the Solana network. The token will integrate with the company’s broader digital asset strategy. The prepaid card will function as a bridge between stablecoins and everyday spending in high-inflation economies. Users receive remittances loaded onto cards denominated in dollars. The cards can be spent at merchants or withdrawn as cash at Western Union locations. Company reverses decade-long crypto skepticism Western Union maintained a dismissive stance toward cryptocurrencies for years. In 2017, Chief Technology Officer David Thompson questioned Bitcoin’s viability as currency, comparing crypto to commodities rather than functional money. The company argued that digital assets lacked governance,…
Share
BitcoinEthereumNews2025/12/07 02:47