Soloway Sees 50-100% Rally for XRP on Clarity Act Passage

Gareth Soloway, a technical analyst on The Paul Barron Show, expects XRP to rally by 50% to 100% if regulatory clarity arrives this fall.

The analyst cited XRP's recent dip below $1 as a key technical signal, noting that the move 'pierced a dollar' and triggered stop losses from retail traders, producing a flush of liquidations.

Soloway identified support at $0.96 and $0.97, adding that buyers stepped in on the day he reviewed the chart. He also referenced a longer-term wedge pattern on the XRP chart that already broke out.

The analyst tied his most aggressive price targets directly to the passage of the Clarity Act, which could allow Ripple to move forward with initiatives held back pending regulatory certainty.