Bitcoin Gains New Bull Signal as Fisher Transform Prints Key Crossover
XRP Price Outlook After CFTC Pushes Crypto Rules Following CLARITY Act Setback
XRP price rose 6% to $1.38 over 24 hours, following a broad cryptocurrency recovery led by Bitcoin.
Bitcoin price climbed above $80,000, strengthening risk appetite and lifting tokens that often follow wider market moves.
The overall market cap of the crypto sector rose 4.79% to $2.75 trillion, fueled by positive sentiment by regulatory moves for key cryptocurrencies.
In the rebound, ETC maintained its price above $2,500, while SOL rose by more than 10% along with the bull market.
CFTC Sends Crypto Framework for White House Review
The Commodity Futures Trading Commission (CFTC) proposed cryptocurrency market rules to the White House for a preliminary regulatory review.
The move follows the failure of the CLARITY Act to move in Senate, leaving legislation in limbo.
The filing initiates an executive review process, and does not imply the proposed framework has been finalized.
It shows that regulators are committed to continuing to regulate digital assets as they are now and that lawmakers are still talking.
BREAKING: 🇺🇸 CFTC sends new crypto market rules to the White House for review just days after the CLARITY Act failed to advance in the Senate.
— Bull Theory (@BullTheoryio) September 18, 2026
The development can have a significant effect on the attitude towards XRP, as it would provide transparency and clarity in cryptocurrency trading and regulation by the federal government.
However, XRP’s near-term future will continue to hinge on Bitcoin’s performance and the broader market rally.
XRP Price Rebounds Toward $1.40 as Momentum Strengthens
The XRP Price traded at $1.3824 on September 18 after recovering sharply from the $1.30 region.
XRP price has broken above the $1.35 support and is moving towards the next resistance at $1.40.
A confirmed 4-hour breakout above $1.40 could give support to the ongoing bullish formation. The price of XRP may then attempt to break the next resistance level of $1.4
If XRP price continue to break higher above $1.45, the major $1.50 resistance zone will be tested. That price level has been XRP’s rejection point numerous times in the last rally.
But a further failure at $1.40 may give a bit of blow to the near-term recovery. The price could revert to $1.35 again before making another attempt to break out.
The Relative Strength Index was up to 61.23 on the latest pull back. As per the current reading, there are signs of strengthening momentum, but without entering into overbought conditions for XRP
The MACD line rose above the signal line, indicating a strengthening of the momentum. The green histogram bars were extended on the most recent bull run.
Open Interest Jumps 8.68% as Trading Volume Hits $4.96B
The trading volume rose to $4.96B, up 7.17% from the previous market session today, indicating the strengthening of the trading activity. Open interest also rose by 8.68% to $2.99B, indicating greater market involvement in derivatives today.
Overall, the increases indicate that trading activity was higher and traders increased their holdings. As exposure grows, however, the volatility could rise on a loss of momentum or sudden liquidation of leveraged positions.
