The cryptocurrency Ripple (XRP) continued fluctuating around the $1 mark on the 19th (local time). Market participants are closely watching the White House crypto meeting scheduled for the same day as well as broader market trends.

[Market Sentiment... Bitcoin Recovers to $64,200]

According to overseas crypto media outlet CoinGape, Bitcoin recovered from the recent weakness in asset markets and climbed above $64,200. Ethereum neared the top of its sideways range formed at $1,919, while XRP appeared to be holding above its support line.

[White House Crypto Meeting: Who Is Attending?]

CoinGape reported that the White House meeting could influence market expectations surrounding U.S. crypto regulation, market infrastructure, and federal government oversight.

According to CoinGape's report, U.S. President Donald Trump is set to meet with regulators and industry executives from the crypto, prediction market, and traditional finance sectors. Expected attendees include U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins and U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, along with figures from Coinbase, Ripple, Gemini, Polymarket, and Kalshi.

Officials from Nasdaq, the New York Stock Exchange (NYSE), CME Group, and the Depository Trust & Clearing Corporation (DTCC) are also reported to have been invited. CoinGape noted that particular attention is on whether the DTCC, which handles trade processing in the U.S. securities market, will attend.

However, according to CoinGape, the official agenda has not yet been disclosed, and it remains unclear whether market infrastructure businesses or immediately implementable regulatory measures will be discussed.

[CFTC Innovation Advisory Committee Also Looms Amid Legislative Debate]

The meeting comes as lawmakers and financial regulators in Congress are engaged in fierce debate over legislation clarifying their respective roles and responsibilities. CoinGape reported that federal agencies have become more actively involved in shaping crypto policy through regulations established under their existing legal authority.

The event takes place one day before the first CFTC Innovation Advisory Committee meeting in Washington on the 20th (local time). According to CoinGape, the committee is expected to cover the CFTC's recent moves concerning crypto, artificial intelligence (AI), prediction market regulation, and new financial industries.

[XRP Technical Indicators: RSI at 47.03, Signs of Weakening Downward Momentum]

According to CoinGape, XRP's price rose 0.02% over the last four hours, holding near the key psychological level of $1. XRP remains above its $0.99 support line but failed to establish a clear upward trend in its previous attempts to break resistance. CoinGape noted that XRP's price continued declining amid recent market weakness, and that $1.03 and $1.05 would act as major resistance levels if it rebounds again.

According to the XRP/USDT four-hour chart cited by CoinGape, the Relative Strength Index (RSI) stood at 47.03, in an overall bearish zone but not at an extremely weak level. The Moving Average Convergence Divergence (MACD) recorded minus 0.0016, above the signal line at minus 0.0022, while the histogram registered plus 0.0006. CoinGape explained that this indicates the overall market trend remains bearish, but the prolonged downward pressure has begun to weaken.

[Price Outlook by Scenario: $0.97 to $1.05]

CoinGape's outlook by price level is as follows:

▲ If $0.99 holds: XRP may maintain its sideways trend and attempt another breakout above $1 depending on the day's major news. ▲ If $1.03 is broken: The upward momentum could strengthen, targeting the $1.05 resistance level. ▲ If it closes above $1.05: XRP could escape its bearish chart pattern, opening the possibility of a larger short-term rebound. ▲ If it falls below $0.99: XRP could enter another downtrend, potentially sliding to the $0.97 support level.

[U.S. XRP Spot ETF Records $5.81 Million in Daily Net Inflows]

According to information cited by CoinGape from SoSoValue, U.S. XRP spot exchange-traded funds (ETFs) recorded net inflows of $5.81 million on the 18th (local time). Bitwise posted the largest net inflow at $2.24 million, followed by Grayscale with $1.94 million. Franklin saw inflows of $1.63 million, while no net inflows were reported for Canary and 21Shares.

According to the same data, the total net assets of U.S. XRP spot ETFs stood at $941.41 million, accounting for 1.50% of XRP's total market capitalization, with total trading volume for the day reaching $10.49 million.

[This article is by no means investment advice. The content may merely reflect opinions, so please do not use it as a reference or resource for investment decisions. All investments are made at the discretion of each individual, and the final responsibility lies with the investor. This publication bears no responsibility whatsoever.]