XRP is trading around $1.30 after a 7.2% decline over seven days, according to CoinGecko, sitting near the bottom of its recent $1.27–$1.42 range. Despite Ripple’s expanding institutional partnerships, including support for real-world asset perpetual swaps in over 100 markets and collaborations with DriveWealth and Meritz Securities, XRP spot ETFs saw over $2.47 million in outflows on October 16. Immediate support sits around $1.27–$1.29, while resistance begins at $1.31–$1.32, with a sustained move above this level potentially opening the way toward $1.35 and a retest of $1.40. The stalled CLARITY Act and broader regulatory uncertainty continue to weigh on the token, leaving traders questioning whether XRP can recover.
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