XRP price at a crossroads: rebound to $2.14 meets Senate crypto bill and a $2.22 test
XRP rose 4% to $2.14 in early New York trading Wednesday after swinging between $2.05 and $2.18. U.S. senators unveiled draft legislation late Monday to clarify crypto regulation, proposing new rules for stablecoins and giving the CFTC oversight of spot crypto markets. Technical analysts flagged $2.10 as key support, with resistance near $2.22. Some traders remain cautious amid choppy price action.