XRP is hovering near a major technical inflection point as a tightening ‘descending wedge’ pattern collides with two competing regulatory narratives: concrete progress for Ripple in Europe under MiCA and renewed uncertainty in the U.S. over the fate of the Digital Asset Market Clarity Act, widely viewed as a potential catalyst for broader institutional uptake. According to CoinMarketCap data as of July 18, 2026 at 13:05 UTC, XRP is trading at $1.0879, up 1.09% over the past 24 hours.
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