XRP Price Prediction: $1.37 Post-Vote Pullback — 60 Senate Votes and the Build Now Housing Bundle Are the Next Tests
XRP changed hands at $1.3728 in trading on May 19, dipping from a post committee-high of $1.55 in a healthy retracement of the channel.
Quick overview
- XRP traded at $1.3728 on May 19, down from a high of $1.55, indicating a healthy market retracement.
- The CLARITY Act passed the Senate Banking Committee with a 15-9 vote, aided by a housing bill co-sponsored by Elizabeth Warren to secure necessary Democratic support.
- This week saw record inflows into XRP ETFs, with over 38.9 million XRP added, reflecting growing investor interest ahead of the Senate vote.
- If the CLARITY Act passes, projected ETF inflows could drive XRP prices to between $3 and $5, significantly impacting market dynamics.
XRP changed hands at $1.3728 in trading on May 19, dipping from a post committee-high of $1.55 in a healthy retracement of the channel. The CLARITY Act passed through the Senate Banking Committee 15-9 on May 14. The next hurdle is 60 votes on the floor of the Senate and the mechanism that Tim Scott built into the bill to get those votes is a housing bill co-sponsored by Elizabeth Warren.
The Vote Nobody Fully Understands: Kennedy’s Amendment and Warren’s Housing Bill
All 13 Republican senators voted for the bill in the committee vote. The 15-9 result included a separate vote on an amendment. A unanimous Republican vote plus two Democratic crossovers locked in the margin. Louisiana’s John Kennedy was the last Republican who voted for the bill. He said he would support the bill the day before on condition that the bill removes the word co-conspirators from one section, and that his Build Now Act housing bill be included in the CLARITY Act package. Warren’s name also appeared on the co-sponsorship list for the Build Now Act, a bill co-sponsored by Elizabeth Warren, the committee’s ranking member and most vocal critic of the CLARITY Act.
Including the housing bill in the CLARITY Act package gives Democratic senators cover to vote for the bill on the floor of the Senate, if voting no means opposing additional funding for housing projects in their home states. That is the mechanism Tim Scott built into the package to make the CLARITY Act bill move from 15 committee votes to 60 votes on the floor necessary to get past the filibuster in the Senate floor.
And the most important detail about this story of the CLARITY Act bill. This week (May 11 to 15) was the week with the largest amount of XRP inflow on record in an XRP ETF in the last 20 weeks. +38.9 million XRP flowed into XRP ETFs in week 20 vs. +24.2 million XRP in week 19. Bitwise was the top ETF in XRP ETFs in cumulative amount by amount in the run. Franklin also recorded its largest one-day XRP inflow in an ETF since its inception on May 11. Cumulative AUM in XRP ETFs remained at more than $1.28 billion as of Friday close.
The markets priced the Senate Banking Committee outcome before the voting took place, which accounts for the dip to $1.37, a classic sell the news trade that leaves room for accumulation in preparation of the final Senate floor vote. According to Polymarket, odds that CLARITY Act bill will pass the Senate and reach the President’s desk in 2026 increased from 62% to 73% following the committee vote. The odds are now 73% because the Warren housing bill is being included in the CLARITY Act bill, and that is the factor that changed the calculus for the seven Democrats.
XRP Technical: Channel Support at $1.379 to $1.395
The XRP 4-hour chart shows a good pattern for retracing a flag pattern after the impulse leg in price from $1.3439 to $1.5498. A retracement to the trend line of the channel between $1.379 and $1.395 is supported by the higher lows in price action and RSI showing positive divergence between $1.380 and $1.395 at 45 to 55 on the RSI 4-hour chart.
Price Resistance: $1.4257 to $1.4542, $1.5049, $1.5498
Price Support: $1.3798 (channel trend line), $1.3501, $1.3439 (base)
Trade setup: Buy the pullback to $1.385 | Price target: $1.425 to $1.454 | Stop loss: below $1.379. The $3 billion sell order wall above $1.45 remains until sustained institutional inflows, triggered by full Senate passage, absorb it.
FAQ: XRP May 19, 60 Senate votes, Senate floor timeline, $3 to $5 Price target
How did the Build Now Act housing bill increase the number of votes to 60 for the CLARITY Act bill?
The Build Now Act bill has Elizabeth Warren listed as a co-sponsor of the housing bill. Warren is also listed as a co-sponsor of the Build Now Act, which is a housing bill, and the most vocal opponent of the CLARITY Act. By including a housing bill in the CLARITY Act bill package, Democrats can vote yes on the CLARITY Act bill in the Senate because they are also voting in favor of the housing bill for their states. To get 60 votes in the Senate, Scott needs only seven Democrats to vote yes on the CLARITY Act bill, so that the bill passes. Warren’s listing as co-sponsor of the housing bill means the vote will be bipartisan because the bill is not just a pro-crypto bill and a pro-XRP bill, it includes other things that are a benefit to many states and to many people, a vote for the housing bill is a vote for the CLARITY Act bill, which also includes the housing bill and is therefore bipartisan and will get passed in the Senate. Tim Scott needs only seven Democratic votes to get to 60. But having the housing bill co-sponsored by Elizabeth Warren on the Build Now Act makes the seven votes achievable by structural design in the Senate, so the bill is designed by Tim Scott to receive seven votes from Democrats in the Senate.
When does the Senate floor vote take place for the CLARITY Act bill?
The focus now is whether it can get to 60 votes in the Senate before the Senate goes on recess for the summer. The White House wants to get it signed into law by July 4. The Senate usually schedules floor votes two to four weeks after committee votes, meaning early to mid-June is the most likely time for the Senate floor vote, with the most probable time for the vote to occur being early to mid June. If the bill gets to the Senate floor before June 30, July 4 would be possible with the White House because a conference committee resolution will be needed to resolve differences between the two bills.
What is XRP price target on the CLARITY Act passing the Senate?
Once the CLARITY Act passes the Senate and is signed into law, $3 billion to $5 billion in ETF inflows are projected to occur in XRP ETFs. These inflows result from investors who are buying XRP to deposit into the ETF, with ETFs being required to use the federal commodity classification as their benchmark. If the federal commodity classification is confirmed by the SEC, then ETF inflows would total between $3 billion to $5 billion, a level of demand that is sufficient to take XRP beyond the $1.45 to $1.50 price zone and remain above that range for an extended period. According to Standard Chartered, if the CLARITY Act is signed into law, then ETF inflows into the ETFs could total $4 billion to $8 billion, driving XRP price to between $3 to $5. If XRP reaches $3 to $5 by December, then XRP could reach $4 to $8. If $3 to $5 is reached by December, then the $8 price target will require $10 billion in cumulative ETF inflows, with Tier 1 bank XRP settlement on the XRPL for cross-border payment and settlement being a catalyst for the $10 billion in XRP ETFs to be deployed.
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