Ripple Just Got Full MiCA Authorization in Europe But Fed’s Hawkish Tone Is Keeping XRP Capped at $1.10

In the latest XRP News, XRP price is trading at $1.07, down 0.57% in the last 24 hours, as the asset continues to wrestle with the $1.10 resistance that has capped three consecutive sessions of attempted recovery.

The setup looks deceptively calm on the surface, but the macro and on-chain picture underneath tells a more complicated story. Whether this range resolves with a clean break or a reversal depends on factors that are moving fast right now.

The Federal Reserve held rates steady in the 3.50%–3.75% range, but Fed Chair Kevin Warsh’s hawkish post-meeting tone, insisting the Fed “will deliver the 2% target”, reinforced a risk-off undertone across liquid assets.

BREAKING: Fed Chair Kevin Warsh says the Fed didn't need to raise rates today because the bond market already did the job for it.

Here's what he said:

– Inflation is still above the Fed's 2% goal. The Committee says it will deliver price stability, no exceptions.

– There is no… pic.twitter.com/jkw990Knge

Despite that headwind, on-chain data from Santiment shows mid-tier holders (10,000–100,000 XRP) lifting their cumulative share to 11.9% of total supply, up from 11.64% on July 1, while the 100,000–1M XRP cohort climbed to 11.75% over the same window.

Ripple also secured full MiCA Crypto-Asset Service Provider authorization in Europe this week, a regulatory milestone with direct implications for institutional XRP payments flowing across the EU. Perpetual futures open interest sits at 2.27 billion XRP, just below this week’s peak of 2.29 billion.

The combination of a hawkish Fed, a technically capped chart, and a meaningful regulatory unlock creates a binary setup worth examining closely.

Discover: What traders are pricing for the Fed’s next move on Kalshi

XRP is trading at $1.07, pinned below the Bollinger Band midline near $1.10 and every key exponential moving average.

The 50-day EMA at $1.13 converges with the upper Bollinger Band around $1.14, creating a dense overhead zone that has rejected every intraday push so far. The 100-day EMA at $1.21 and the 200-day EMA at $1.41 confirm the broader structural trend still leans lower. Those levels are not in play unless near-term momentum shifts materially.

Momentum reads soft. Daily RSI hovers near 45, technically neutral but drifting toward weak. MACD is fractionally negative, signaling fading bullish attempts rather than any fresh accumulation pulse. Trading volume and open interest below this week’s high both undermine the idea that a breakout is imminent.

$1.00 remains the primary support level traders are watching. A close below it invalidates the current recovery thesis outright.

MiCA follow-through driving institutional flow, open interest expanding above 2.29 billion, and XRP clearing $1.10 with volume opens a run toward $1.13 to $1.14.

Range-bound consolidation between $1.05 and $1.15 continues while the market waits on ETF flow headlines and any exchange listing catalysts, the more likely near-term path. A daily close below $1.00 signals distribution is winning and the mid-tier accumulation data becomes irrelevant.

Discover: Live odds on the Fed’s next rate decision

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