XRP price prediction as token surges after Ripple CEO joins CFTC advisory committee
XRP price jumped after Ripple CEO Brad Garlinghouse joined the U.S. Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee, a move seen as strengthening Ripple’s regulatory standing in Washington.
- XRP surged after Ripple CEO Brad Garlinghouse joined the CFTC’s Innovation Advisory Committee, signaling stronger regulatory engagement.
- On-chain data shows a recent spike in XRP Ledger active addresses above 30,000, pointing to renewed network activity and speculative interest.
- Technically, XRP trades near $1.46, with resistance at $1.60 and $1.74, while support stands at $1.35 and $1.20.
However, the token has since pulled back and is trading lower at press time.
Ripple CEO’s CFTC role sparks market reaction
Executives from Coinbase, Ripple and Solana were named to the CFTC’s Innovation Advisory Committee, a group focused on digital asset policy, market structure and emerging financial technologies.
The development signals deeper engagement between major crypto firms and U.S. regulators at a time when the industry is pushing for clearer oversight frameworks.
For XRP (XRP) investors, Garlinghouse’s appointment is being interpreted as a constructive step toward regulatory normalization following years of legal scrutiny.
On-chain data supports the renewed interest. The XRP Ledger active addresses chart shows notable spikes in network activity in recent weeks, including a sharp surge above 30,000 active accounts in early February.
While activity has since cooled toward the 16,000–18,000 range, the earlier spike coincided with heightened price volatility, suggesting speculative participation and renewed user engagement.
What XRP price analysis suggests
At press time, XRP is trading near $1.46 on the daily chart. The token recently rebounded from a sharp drop toward the $1.20 region but remains under technical pressure.
The Supertrend indicator (10,3) remains in bearish territory, with the trend line positioned around $1.74, signaling that the broader trend has not yet flipped bullish.
Meanwhile, the Awesome Oscillator, although still below the zero line, is printing rising green bars. This indicates bearish momentum is fading and a potential shift could be forming if buyers maintain pressure.
Immediate resistance sits near $1.60, followed by the stronger Supertrend barrier around $1.74. A daily close above that level could open the door toward the $1.90–$2.00 region.
On the downside, support lies near $1.35, with the recent swing low around $1.20 acting as critical structural support. A breakdown below $1.35 could expose XRP to another retest of that lower zone.
For now, XRP appears to be stabilizing, but a confirmed trend reversal will require a break above key resistance levels.
