XRP Price Stuck Below Breakeven as Market Awaits Next Directional Cue
XRP price has struggled to reach its breakeven point of $2 for holders who bought above that level, currently sitting at around $1.29.
The recent U.S. Senate vote blocking progress on the CLARITY Act sent XRP down nearly 10% in a single session before it stabilized near $1.30.
Ripple has stated that the vote does not change XRP's current legal standing, but the episode highlights how sensitive this asset remains to Washington's legislative calendar.
The market is currently pinned between immediate support at $1.28 and resistance near $1.31, with Binance showing roughly $4.1 billion in 24-hour volume.