XRP is trading flat around $1.36, down slightly over the past 24 hours, even as Ripple's RLUSD stablecoin continues expanding its institutional footprint across the Middle East, having previously secured recognition as an Accepted Fiat-Referenced Token within Abu Dhabi Global Market by the region's Financial Services Regulatory Authority. XRP spot ETFs have posted nine consecutive days of net inflows totaling roughly $644 million, yet the price itself remains stuck below key moving averages with an RSI reading of 46 — a classic case of capital flowing in without triggering a breakout.
All eyes are now on tomorrow's Senate vote on the revised CLARITY Act, since XRP's long-term price action remains more tied to U.S. regulatory clarity on its legal classification than to any single stablecoin approval. Traders are treating XRP as a genuine "wait and see" story, with a decisive move above resistance needed to shift sentiment meaningfully.
#XRP #Ripple #RLUSD #CLARITYAct #CryptoRegulation
All eyes are now on tomorrow's Senate vote on the revised CLARITY Act, since XRP's long-term price action remains more tied to U.S. regulatory clarity on its legal classification than to any single stablecoin approval. Traders are treating XRP as a genuine "wait and see" story, with a decisive move above resistance needed to shift sentiment meaningfully.
#XRP #Ripple #RLUSD #CLARITYAct #CryptoRegulation
