XRP Price Prediction: $1.36 Re-Entry Target Locked as Bipartisan CLARITY Act Heads to Senate Floor
XRP Price Prediction: Token solidifies at $1.24 as the historic CLARITY Act clears a massive 15-9 Senate Banking hurdle, fighting macro pre-Fed pressure.
Quick overview
- XRP price has stabilized at $1.24 following the Senate Banking Committee's approval of the CLARITY Act, which aims to clarify digital asset regulations.
- The approval of the CLARITY Act is expected to permanently categorize XRP as a retail exchange asset, enhancing its appeal to institutional investors.
- Net inflows into U.S. spot XRP ETFs have surpassed $1.75 billion, indicating strong institutional demand for XRP as a compliant asset.
- Technical analysis shows a bullish trend for XRP, with a recent reclaim of the 0.618 Fibonacci level suggesting potential for further price increases.
XRP Price Prediction: Token solidifies at $1.24 as the historic CLARITY Act clears a massive 15-9 Senate Banking hurdle, fighting macro pre-Fed pressure.
On Tuesday, June 16, 2026, in the afternoon, the biggest utility asset, XRP, staged an incredibly powerful, institutional grade decoupling. During this time, XRP began to function as the best defensive asset, while most other high beta altcoin assets were getting squared.
In this afternoon, XRP rallied more than 3.5%, rising back to the $1.2475 level in a massive structural break as the majority of the crypto market sits around in limbo awaiting Washington to give its answer to the Fed’s high profile decision.
XRP took advantage of a massive break in policy that will permanently break the asset from a speculator retail asset risk profile on Capitol Hill. The primary catalyst for this buy side action this afternoon was a landmark bipartisan advance of the Digital Asset Market Clarity Act (CLARITY Act).
After a legislative standoff, the U.S. Senate Banking Committee passed the bill by 15 votes to 9 and will send the 278 page document to the main Senate floor in the latter half of June and July.
This bill was put together through an incredibly late night agreement that secured the bill to get through the Senate by Chairman Tim Scott pulling together a number of key Democratic Senators like Ruben Gallego and Angela Alsobrooks.
The bill creates a new permanent set of digital assets regulatory lanes, the commodity asset lane and the asset or security asset. Under this framework, the CFTC would have sole authority of any spot commodity asset and any asset that has its value derived from a digital asset that exists on its own decentralized blockchain, while the SEC has to limit authority to capital raising assets that are security contracts.
XRP is a clear beneficiary of this structure as the legislation includes language in which no digital asset can be determined to be an security asset after a federal court decision is ruled on, thus permanently fixing the XRP asset as a retail exchange in 2023 at the federal level.
XRP ETFs absorb $1.75 Billion as Chair Warsh opens FOMC session in June
This structural break in legal policy uncertainty has allowed for top tier multi strategy funds to completely reorient their long term allocation models which has allowed XRP to have a much higher demand base during the current macro period.
-
Regulated Capital Inflows: Net inflows into U.S. spot XRP ETFs have passed the $1.75 billion mark. There is an institutional capital allocation base that is actively using spot XRP ETFs as a mechanism to transfer assets on chain in a compliant and transparent manner for things like real world asset tokenization and corporate treasury management.
-
Fed Monetarist Vise: The Fed’s Federal Open Market Committee (FOMC) officially opens the first day of its two day policy discussion as the Fed welcomes its newest chair, Fed Chairman Kevin Warsh has been sworn in. He will likely look to push for a more strict monetarist approach to Federal Reserve monetary policy. As of today the Fed sits with an elevated consumer CPI of 4.2%, and a hot wholesale PPI of 6.5% which will likely make it even easier for Chairman Warsh to push for a stricter higher-for-longer Fed. With a tighter monetary policy, there will likely be real yields in place in the market and the dollar remains relatively strong. The market is looking to take advantage of high rates to generate a greater return, leaving little liquidity available to pure speculative altcoin assets, and allowing utility asset focused assets like XRP, that will be used in real cross border payments, to continue to outperform the sector.
-
Enterprise Scale and Stablecoins: Ripple is continuing to move more of their fiat backed stablecoin, RLUSD, out into Asia, Latin America and other regions. This increases the adoption of the stablecoin into high remittance corridors. With RLUSD moving more out into the ecosystem, this helps RLUSD liquidity to continue to get deeper, more robust into Automated Market Maker vaults on XRP ledger. This means that it becomes less risky as more RLUSD enters on chain liquidity and it protects XRP from the possibility of corrections happening in paper markets.
XRP Technical Analysis: Daily 0.618 Fibonacci Reclaim Fuels the Trend Reversal.
We’ve covered the macro fundamentals and the legislative catalyst so we now turn to the daily structure, where XRP has posted a very bullish technical setup that trend continuation books are currently trading.
-
0.618 Fib floor: From the local top swing high of $1.3688, XRP ($1.2475) corrected back to its 0.618 Fibonacci level, printing several large solid body green candles and taking back the 0.618 baseline of $1.2435.
-
Channel compression: Even though price is temporarily below the primary red trendline running down from the $1.55+ macro cycle top, the 0.618 defense has produced a very symmetrical higher low formation, indicating that the institutional accumulation algo has completely flushed out the shorts.
-
Balanced Momentum Runway: The 14 day RSI has swung right into the neutral range (50 to 60). Additionally, there is no negative momentum divergence and plenty of room left for the oscillator to climb higher until overbought territory, confirming the accumulation by the buying public (FOMO).
-
Setup Blueprint: High probability trading options are as follows:
Bullish Trade Initiation: Open long duration swing position entries here in the $1.2475 range and/or on a daily candlestick close above the mid-level dynamic resistance pivot at $1.294. Put your stops down below the structural failure level of $1.123 and aim for a rapid technical rally back to the 1.000 fib level of $1.368 or to the higher 1.272 fib extension target of $1.4495 during the start of the full Senate floor vote.
XRP has changed fundamentally. A market Fed led by Chairman Warsh will see spot volumes swing wildly in the short term, but the combination of steady spot ETF buying and the imminent federal bill passing in the CLARITY Act makes the $1.24 Fib level a great place to buy before the next major uptrend stage.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
- Read our latest reviews on: Avatrade, Exness, HFM and XM
Related Articles
Sidebar rates
Related Posts
Save