XRP Price Prediction: Garlinghouse Joins CFTC Panel As XRP Tests $1.40 Support
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XRP remains above $1.40 while Ripple's CEO joins CFTC Innovation Advisory Committee, indicating potential regulatory normalization. Open interest in XRP futures increases by 2.04% to $2.30B, with options volume up 338.80%, suggesting renewed trading interest despite recent price weaknesses. Analysts state that XRP needs to reclaim $1.51 support to aim for $1.76 resistance.
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- XRP holds above $1.40 as Ripple CEO Brad Garlinghouse joins CFTC Innovation Advisory Committee, signaling regulatory normalization.
- Open interest rises 2.04% to $2.30B while options volume surges 338.80%, showing renewed trader interest despite price weakness.
- Price must reclaim $1.51 support to invalidate breakdown and target $1.76 resistance zone, analysts say.
XRP price today trades near $1.4085, up 0.16% in the past 24 hours as the token attempts to stabilize after breaking below key support levels. The move comes as Ripple CEO Brad Garlinghouse announced his appointment to the Commodity Futures Trading Commission’s Innovation Advisory Committee, a development that could shift regulatory sentiment.
Garlinghouse Joins CFTC Panel In Regulatory Milestone
Read The Full Article XRP Price Prediction: Garlinghouse Joins CFTC Panel As XRP Tests $1.40 Support On Coin Edition.
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