Crypto analyst Steph Is Crypto said in a recent video that XRP is testing a key resistance area and could climb to $2.30 if that level breaks. In his view, $1.42 is the resistance traders are watching right now, while $1.37 is the support that needs to hold. He based the call on several factors, including regulatory developments, exchange supply data, and Google search activity tied to XRP. The analyst noted that XRP search interest has formed a higher low for the first time in 90 days, which he said may point to a shift in retail sentiment from bearish to bullish. He also highlighted Binance’s current XRP balance of 2.62 billion tokens, the highest in 69 days. On regulation, he pointed to Senator Elizabeth Warren’s strong opposition to the CLARITY Act and a response from former Ripple CTO David Schwartz to Senator Josh Hawley’s opposing vote. According to the analyst, regulatory uncertainty is likely to keep shaping XRP price expectations until the bill is passed.
According to Techub News, crypto analyst Steph Is Crypto said in his latest video that XRP is facing a key resistance level, and the token could rise to $2.30 if that barrier is broken.
He said $1.42 is the main resistance level at the moment, while $1.37 is the support level that needs to hold.
Search activity and exchange balances are in focus
Steph Is Crypto said XRP search interest on Google has formed a higher low for the first time in 90 days, a pattern he said could signal that retail trading sentiment is shifting from bearish to bullish.
On exchange supply, he noted that Binance currently holds 2.62 billion XRP, the highest balance seen in 69 days.
Regulatory uncertainty remains part of the setup
On the regulatory side, U.S. Senator Elizabeth Warren has strongly opposed the CLARITY Act. Former Ripple Chief Technology Officer David Schwartz also responded to Senator Josh Hawley’s opposing vote.
The analyst said regulatory uncertainty will continue to affect XRP price expectations until the bill passes.
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