XRP has in the CLARITY Act a possible catalyst to break through the $1.50 mark
This law seeks to define how digital assets are classified in the US and could reduce some of the uncertainty surrounding Ripple Labs’ cryptocurrency.
XRP, Ripple Labs’ cryptocurrency, has moved back toward a zone that for much of 2026 caused it problems: the $1.50 level. The point isn’t that the number is round, but that the price tried to surpass it on multiple occasions during the year and, when it managed to do so, struggled to remain above it.
The daily candlestick chart shows this clearly. Since February, XRP has had difficulties in that range in early February, at the end of March, between late April and early May, and more recently at the end of August, when it once again broke above $1.50 before pulling back.
That’s why the test is to break through that zone and turn it into support. If XRP manages to do so, it would move past a barrier that has been capping the price for months and would open room for the continuation of the move.
This time, moreover, it reaches that resistance with its own catalyst that wasn’t present in the previous attempts: the vote on the CLARITY Act in the United States, an initiative that could change expectations regarding the asset’s regulatory treatment.
$XRP #newsdaily
This law seeks to define how digital assets are classified in the US and could reduce some of the uncertainty surrounding Ripple Labs’ cryptocurrency.
XRP, Ripple Labs’ cryptocurrency, has moved back toward a zone that for much of 2026 caused it problems: the $1.50 level. The point isn’t that the number is round, but that the price tried to surpass it on multiple occasions during the year and, when it managed to do so, struggled to remain above it.
The daily candlestick chart shows this clearly. Since February, XRP has had difficulties in that range in early February, at the end of March, between late April and early May, and more recently at the end of August, when it once again broke above $1.50 before pulling back.
That’s why the test is to break through that zone and turn it into support. If XRP manages to do so, it would move past a barrier that has been capping the price for months and would open room for the continuation of the move.
This time, moreover, it reaches that resistance with its own catalyst that wasn’t present in the previous attempts: the vote on the CLARITY Act in the United States, an initiative that could change expectations regarding the asset’s regulatory treatment.
$XRP #newsdaily
