XRP (XRP) Daily Market Analysis 07 July 2026

XRP holds at $1.15 after Ripple's EU MiCA approval – here's the latest: • Ripple secured full MiCA CASP authorization from Luxembourg's CSSF on 6 July 2026, enabling regulated services across all 30 EEA countries • XRP rebounded 4.3% from $1.00 support to $1.18 on 6 July, but faces heavy resistance in the $1.18–$1.22 zone • Spot XRP ETFs surpassed $1 billion in AUM but show mixed demand – $1.86M net outflows on 1 July versus earlier inflows • MiCA approval is a business milestone for Ripple, not a direct XRP catalyst – price impact depends on European payment volume using the XRP Ledger • CLARITY Act momentum cooled after missed 4 July timeline, with year-end price forecasts clustering between $2 and $4