XRP is trading at $1.43, up 1.75% over the past 24 hours. The market focus is tightening around a few clear drivers: a key window for U.S. crypto legislation, XRP’s addition to Russia’s Moscow Exchange platform, and continuing ETF inflows. On the price side, traders are closely watching the band between $1.40 and $1.50.
Two-week window for U.S. crypto legislation
Ripple CEO Brad Garlinghouse said the next two weeks are critical for crypto legislation in the United States. His direct warning was: “If it doesn't happen, the likelihood is going to drop precipitously.” The bill in focus is the Clarity Act, which could define how crypto assets are regulated.
For XRP, regulatory clarity matters because it affects how comfortable institutions are with holding the asset. The source notes that a clearer legal framework could improve institutional confidence, while a lack of progress would leave uncertainty in place. Garlinghouse’s comments also carry weight because Ripple has spent years dealing with SEC-related disputes.
MOEX adds XRP to its national platform
Russia’s Moscow Exchange, or MOEX, has added XRP to its national platform under the ticker MOEXXRP, with calculations starting on May 13. Solana, TRON, and BNB were added at the same time. The report describes the listing as a historic step.
MOEX is Russia’s main stock and currency marketplace, not a minor regional venue. XRP’s presence there is being read as a sign of broader institutional interest outside the U.S. The source also says the listing could bring more trading pairs, deeper liquidity, and access to a wider investor base.
ETF inflows continue to build
According to SoSoValue data, XRP ETFs posted a daily net inflow of $11.28 million as of May 5, bringing cumulative net inflows to $1.31 billion. Three funds accounted for the day’s additions: Canary Capital brought in $7.50 million, Bitwise added $2.68 million, and Grayscale contributed $1.10 million. Franklin and 21Shares recorded no inflows that day.
Daily traded value reached $26.81 million. Based on the figures cited in the report, the direction of money flow remains positive, and that has become one of the main supports behind current XRP market activity.
$1.35 support and $1.50 resistance stay in view
The chart setup in the source says a move above $1.45 to $1.50 could send XRP toward $1.65 to $1.70 in the short term. A cup-and-handle formation points to a medium-term target of $1.70 to $2.00. The longer-cycle projection mentioned in the article ranges from $3 to above $5.
The downside levels are just as clear. If XRP loses $1.35 support, the report says the next risk zone is $1.25 to $1.30. It also notes that a high NVT ratio may signal a cooldown, and without stronger fundamentals XRP could remain stuck between $1 and $2. For now, the market is centered on two levels: $1.35 as support and $1.50 as resistance. A clean break above the upper band could open the $1.80 to $2.10 area.