$XRP News Today: Regulatory Delays Pressure Price, but Bullish Structure Holds
XRP $ETH faced renewed selling pressure as the market reacted to fresh delays in U.S. crypto legislation, highlighting once again how closely the asset is tied to regulatory developments in Washington.
During Friday’s session, XRP slipped below the $1.90 level, extending its pullback from January’s recent peak near $2.41. The decline followed news that the U.S. Senate Agriculture Committee postponed its markup vote on the proposed Market Structure Bill — a move that cooled short-term buying interest across the crypto market.
This delay came shortly after the Senate Banking Committee also pushed back its own markup, reinforcing investor concerns that meaningful regulatory clarity may take longer than expected.
Regulatory Uncertainty Weighs on Near-Term Price Action
Earlier in the week, optimism had risen after the Agriculture Committee released a draft version of the Market Structure Bill on January 21, setting expectations for a markup vote later in the month. However, the unexpected postponement dented hopes that comprehensive crypto legislation could be finalized within the first quarter of the year.
As uncertainty resurfaced, XRP reacted swiftly — underscoring the token’s sensitivity to legislative momentum on Capitol Hill. Traders reduced exposure as confidence in near-term policy progress faded, leading to increased volatility and downside pressure.
Medium-Term Outlook Remains Constructive
Despite short-term headwinds, the broader outlook for XRP remains bullish. Several structural tailwinds continue to support a positive medium-term narrative:
Consistent net inflows into XRP spot ETFs since their launch
Growing confidence that the Market Structure Bill will eventually pass, even if delayed
Expanding real-world utility and adoption of XRP, particularly in cross-border payments
Market forecasts continue to point toward a potential recovery toward the $3.00 level over the next 4–8 weeks, assuming regulatory sentiment stabilizes. Longer-term projections remain even more ambitious, with upside targets extending toward $3.66 if momentum returns.
Key Technical Levels to Watch
From a technical perspective, XRP traders are closely monitoring:
Support: $1.85–$1.90 zone
Resistance: $2.05, followed by $2.25
A sustained reclaim above $2.00 would likely signal renewed bullish momentum
As long as higher-timeframe structure remains intact, current weakness may be viewed as a corrective pullback rather than a trend reversal.
Bottom Line
XRP is under pressure in the short term as legislative delays weigh on sentiment, but the medium- to long-term setup remains favorable. Regulatory clarity may be taking longer than hoped, yet underlying adoption, ETF flows, and structural demand continue to support a bullish outlook.
Patience remains key — once policy momentum resumes, XRP could quickly regain lost ground
