XRP Price: European Regulatory Green Lights and ETF Demand Set Stage for Rally

TLDR

• XRP gained 14% in 2026 after Ripple secured licenses from UK’s FCA and Luxembourg to operate digital payment platforms in Europe
• The Clarity Act in the US could give XRP the same regulatory status as Bitcoin as a “non-ancillary” asset
• XRP-linked ETFs have attracted nearly $1.6 billion in assets within two months of launch
• XRP is trading at $2.12-$2.13, holding support near $2.05 with resistance around $2.23-$2.36
• A break above $2.23 could trigger a 9-11% move toward $2.36, potentially starting a broader “supercycle”

XRP has posted a 14% gain so far in 2026. The token is currently trading between $2.12 and $2.13.

Several developments are supporting the current price action. Ripple announced this week that it received two licenses to operate digital payment platforms in Europe.

The UK’s Financial Conduct Authority issued an Electronic Money Institution license to Ripple. Luxembourg granted the company a “Green Light Letter” which starts the process for a similar permit.

In the United States, the proposed Clarity Act would give XRP the same treatment as Bitcoin. The legislation would classify it as a “non-ancillary” asset under regulatory frameworks.

Exchange-traded funds linked to XRP have brought in nearly $1.6 billion in total assets. This happened in just two months since their launch.

Technical Support Holds at $2.05

XRP is maintaining support near the $2.05 to $2.10 range. This level lines up with the 20-day exponential moving average.

The token hit resistance at $2.40 during its recent rally. It has since pulled back but remains above key support levels.

The 50-day and 100-day exponential moving averages create a resistance zone between $2.20 and $2.23. A close above $2.23 could open the door to $2.33-$2.36.

The 200-period exponential moving average on the four-hour chart is providing support. As long as this level holds, the bullish structure remains intact.

Breakout Scenario Targets $2.36

If XRP breaks above $2.23, traders expect a 9% to 11% move toward $2.36. Some analysts suggest this could mark the start of a “supercycle” for the token.

The daily chart shows contracting Bollinger Bands. This pattern often precedes periods of increased volatility.

A loss of the $2.05 support level would shift focus to $1.95 as the next downside target. For now, buyers are defending the current range.

Weekly chart analysis shows previous accumulation zones and distribution patterns near the $3 mark. Some market observers view the recent price action as a mid-cycle pause rather than a trend reversal.

The combination of regulatory progress, institutional interest through ETFs, and technical positioning has created conditions for potential upside. XRP gained 0.32% in the past 24 hours and continues to hold above its established support zone.

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