XRP Holds Firm at $1.06 Pivot as XLM Faces Pressure Ahead of CLARITY Act Deadline

Cryptocurrency markets remain active as US cash equities begin trading. XRP holds steady above its key $1.06 pivot level, while XLM faces growing pressure ahead of the CLARITY Act deadline.

XRP gained 4.33% against XLM in the past seven days, with a divergence indicating market participants are distinguishing between the two payment tokens.

Analyst Ali Martinez has identified $1.06 as the 'make-or-break zone' for XRP, with potential targets of $1.35 and $1.64 if it holds above this level, or a possible decline to $0.80 and potentially $0.62 if it falls below.

Cautious positioning remains in focus, with a long-to-short ratio of 0.75 for XRP compared to 0.68 for XLM, and significant weakness in XLM funding.