Australia Advances New Regulatory Bill for Enhanced Crypto Oversight
New Regulatory Framework: Australia has introduced the Corporations Amendment Digital Assets Framework Bill 2025, integrating cryptocurrency operators into the federal regulatory structure to enhance customer protections and support industry growth.
Licensing and Compliance: The new framework requires operators holding customer assets to obtain an Australian Financial Services Licence, adhere to capital requirements, and comply with standards set by the Australian Securities and Investments Commission, with significant penalties for violations.
Support for Low-Risk Operators: A tiered approach allows low-risk operators to launch without a full licence, providing a sandbox for early-stage projects with customer balances under $5,000 and platform volumes under $10 million.
Gradual Implementation and Oversight: The structured regulatory approach aims to clarify expectations for businesses while ensuring government oversight, fostering user confidence and shaping future industry standards as the digital asset market expands.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.516 | 0.817 | 1.154 | 1.454 | 1.791 | 2.092 | 2.429 |
| Fibonacci | 0.817 | 1.06 | 1.211 | 1.454 | 1.698 | 1.848 | 2.092 |
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