XRP traders are closely monitoring the $2.50 resistance level, with potential targets set between $2.74 and $2.83 if this level is breached. The price currently finds support at $1.90. This comes amid comments from SEC Commissioner Paul Atkins, who acknowledged the need for a regulatory framework that supports crypto innovation, potentially easing legal challenges and attracting institutional investors. Analysts liken the current market conditions to the 2017 accumulation phase, suggesting a significant breakout could be on the horizon.