<ul data-eligibleForWebStory="true">Institutional catalysts and regulatory uncertainty impacting XRP price direction.Bullish drivers include potential U.S.-listed XRP ETF approval and Ripple's CBDC partnerships.XRP's locked supply structure aims for price stability until 2027.Technical analysis points to resistance levels at $2.3 and $2.48 for potential breakout.Descending triangle pattern warns of vulnerability if support at $2.06 breaks.Bearish risks involve whale selling pressure and regulatory uncertainties like the pending $50 million SEC lawsuit settlement.Ripple's entry into stablecoin space introduces both opportunities and risks for XRP's ecosystem.Short-term price action remains uncertain due to large holders offloading significant amounts of XRP daily.Regulatory overhang persists, with delays in the SEC lawsuit settlement impacting investor confidence.Ripple's entry into stablecoin market could impact XRP's role in payment-specific functions.Market sentiment oscillating between bullish and bearish, with momentum neither strongly bullish nor bearish.