XRP's Fate Hinges on Key Price Level Ahead of CLARITY Act Vote

XRP is trading at $1.38, below the key price level of $1.50 that traders are watching closely.

A procedural vote in Washington on the CLARITY Act could impact XRP's price, with a clean reclaim of $1.48-$1.51 potentially opening the door to higher prices, including targets of $1.60-$1.68 and even $2.00 according to some models.

However, analysts are also cautioning that a failed cloture vote or a hawkish Federal Reserve surprise could send XRP back toward $1.31, invalidating the near-term bullish structure.