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The price of XRP is trading at $ 1.37, down to 3.1% in the last 24 hours, and the disappointing part is that there are no recent bullish predictions by the supporters.
Goldman Sachs became the largest buyer of the XRP ETF. Mastercard integrated Ripple in its payment program on March 11. Ripple collected 1.3 billion XRP at the beginning of March. The price has not decreased. But one regulatory event could change all that, and it’s hanging by a thread in the Senate.
The CLARITY Act would classify XRP as a digital asset under federal law, placing it on the same legal footing as Bitcoin and Ethereum. The bill passed the House 294-134 with nonpartisan support, but stalled in the Senate over funding.
Uncertainty about the plan continues in the growing crypto market, and Galaxy Digital has warned that the bill must clear the committee by the end of April, or it may die in 2026. This deadline is only a few weeks away.
With major headwinds still to come and the technology slowing down, the price of XRP needs to be watched carefully before we assume that the expensive CLARITY Act has already been bought.
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XRP Price Prediction: Can Ripple Break $1.51 Before Senate Deadline?
XRP declined sharply at $1.60 earlier this week, sealing a bearish pin that resulted in a one-day decline of 3.3%, according to Finance Magnates experts. The price is now consolidating around $1.37, with the 50-day SMA sitting at $1.43 acting as a quick resistance.
The RSI reads 50, neutral, but very low. The sentiment dashboard shows 26 out of 30 technical indicators for analysis.
The critical low is $1.27, the 23.6% Fibonacci retracement level. Protection of the level opens the way back to $1.51. A failure sends the price to $1.11–$1.13, analysts look to the downside.
Long bull thesis, Elliott Wave Targets of $5 then $27, subject to regulatory clarity before any further moves are made. That is the meaning of “if.”
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Bitcoin Hyper Attracts Early Leads as XRP Tests Critically
For those watching XRP drop below resistance as the Senate deadline nears, the risk/reward calculation will shift. In today’s current market, 2x from XRP requires billions in new capital. Even XRP’s most aggressive intentions remain thwarted by its current size. The first entry-level games offer a different entry profile.
Bitcoin Hyper ($HYPER) is in the first Bitcoin Layer 2 and Solana Virtual Machine (SVM) integration, combining Bitcoin security with features that developers say surpass Solana alone. This work addresses three major drawbacks of Bitcoin: slow expiration, high fees, and lack of smart contracts.
Presale has raised more $32 million at the current price of $0.0136and the amount available on the main APY for early participants.
This article is for informational purposes only and does not constitute financial advice. Crypto assets are immutable. Always do your research before investing.
