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XRP climbs to $1.54 as SEC guidance leaves token classification unresolved

  • XRP climbed to $1.54 during the week.
  • XRP gained about 10%, with $1.50 support and $1.60 resistance.
  • SEC guidance covered buybacks, staking and network maintenance without classifying XRP.

XRP rose about 10% over the week to $1.54, with $1.50 serving as support and $1.60 representing resistance. The SEC released nonbinding crypto guidance covering buybacks, staking (locking crypto to earn rewards), and network maintenance. The guidance did not classify XRP, leaving its regulatory status unaddressed in the document.

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