Ripple has secured preliminary Crypto Asset Service Provider approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). XRP itself is trading at the $1.10 price level, down by 3% today as the whole crypto market collapses.
This Luxembourg approval positions Ripple to operate across the entire European Economic Area under MiCA’s harmonized framework. It’s a structural shift that goes well beyond a single jurisdiction win.
The CSSF green-light also covers Ripple’s path toward a full Electronic Money Institution license, enabling regulated crypto payment services and CASP-type activities across EU member states. Ripple itself framed the approval as foundational for the “next wave of regulated digital payments” across Europe.
This is no doubt a regulatory milestone, although the XRP price has not been priced in just yet.
Discover: The Best Crypto to Diversify Your Portfolio
Can XRP Price Hit $2.00 After the Luxembourg Regulatory Catalyst?
XRP’s 24-hour range has been broken as a liquidation cascade hits the crypto market. It is now trading at $1.10 and has failed to maintain its $1.18 range from last week. Volume is down from its usual above $2 billion to just $1.5 billion.
Although the price is currently holding above the $1 zone, the current market is not looking good for major alts, not just XRP. Immediate support sits at $1.05 for now, and a clean break below that level risks a retest of the $1.00 line.
On the upside, resistance stacks tightly at $1.15, then $1.20, or the last zone that represents the major local high and has acted as a ceiling for a few sessions. Our analysts think that reclaiming a descending weekly trendline above $1.15 would open the path toward $1.25, with $1.30 flagged as a prior liquidity cluster.
If XRP can hold the $1.10 support, and clear $1.25 on sustained volume, regulatory follow-through could drive a move toward $1.30. However, a daily close below $1.00 could collapse the structure and shift focus back to the $0.90 region. The 50-day EMA holding is the single most important condition to monitor this week.
Discover: The Best Token Presales
LiquidChain Targets Early-Mover Upside as XRP Tests Key Resistance
XRP’s regulatory momentum is real, but the trade is now happening at a $1.10 entry with $2 as the aspirational target; that’s just less than 100% upside against an asset with significant overhead resistance and a market cap already deep in the billions. Traders chasing the next liquidity layer at a different risk/reward profile are looking elsewhere. The question is where early-stage infrastructure exposure actually sits right now.
LiquidChain ($LIQUID) is an L3 infrastructure project building what it calls a Unified Liquidity Layer, fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The architecture allows developers to deploy once and access all three ecosystems simultaneously, which solves a fragmentation problem that has quietly cost DeFi protocols measurable volume for years
POV: You read the about section on the LiquidChain site.
https://t.co/vqvBcdSQYC pic.twitter.com/UKD6iXNK8i
— LiquidChain (@getliquidchain) June 22, 2026
The presale is currently priced at $0.01472, with $850K raised to date. Key features include Single-Step Execution, Verifiable Settlement, and Deploy-Once Architecture across chains.
Research LiquidChain before the presale ends.
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
The post XRP Price Prediction: Ripple Secures Preliminary Luxembourg CASP Approval appeared first on Cryptonews.
