XRP Consolidation May Last Months Ahead of CLARITY Act Vote and Fed Decision

XRP is currently trading near $1.35 as its volatility falls sharply ahead of the CLARITY Act vote and Federal Reserve decision.

The market's low volatility could be a sign that XRP is entering another period of consolidation, which has occurred in previous cycles lasting around 79 to 89 days or even up to 236 days.

Historical patterns suggest that the current setup could last for months before a major move, but it's also possible that the token may remain range-bound until early 2027.

The CLARITY Act vote and Fed decision are expected to be key catalysts in breaking the current low-volatility setup, with the legislation aiming to establish clearer rules for digital assets and define the regulatory responsibilities of the SEC and CFTC.