XRP USD may lose $1 support as U.S. CLARITY Act vote delayed
XRP USD is trading near $1.03 and faces technical risk of losing the $1 psychological support level after the U.S. Senate delayed the CLARITY Act vote until September. The delay removes an immediate regulatory tailwind for Ripple, contributing to a near -2% 24-hour move, with intraday trading between $1.0153 and $1.039.
Technically, XRP is at a two-year low and is approaching a support zone at the bottom of a weekly falling-wedge pattern. Monthly RSI is described as more oversold than ever. Traders are watching key levels: a bullish recovery would require a break above $1.10–$1.15, while a breakdown below $1.00 could open downside toward $0.92. Spot volume is also highlighted—buyers may need expansion above about $1.44B to sustain upside.
On the policy front, Senate Majority Leader John Thune said consideration of the CLARITY Act would resume after the August legislative recess. Meanwhile, market participants weigh this against Ripple’s reported full compliance in Europe under MiCA and CASP in Luxembourg.
Counterbalancing the headline risk, ETF flows remain supportive: spot XRP ETFs saw over $3M in inflows on the day, taking total inflows to about $1.43B since they launched in November 2025 (per CoinGlass data).
Separately, the article mentions LiquidChain’s LIQUID presale and its cross-chain liquidity infrastructure, but this is presented more as sector capital rotation than as a direct XRP catalyst.
Bearish
The news is primarily bearish for XRP USD because the U.S. Senate’s delay of the CLARITY Act removes an expected short-term regulatory catalyst, coinciding with XRP trading near a two-year low and approaching the $1 support zone. In similar past periods, when U.S. regulatory timelines slip while price is already stretched to psychological/structural supports, traders often reduce risk and wait for confirmation, increasing the chance of a support break.
However, the bearish impact is partially moderated by spot XRP ETF inflows (over $3M on the day; ~$1.43B cumulative). This can provide intermittent demand and dampen sudden selloffs, especially if ETF buyers remain consistent.
Short-term, the setup is a classic “binary” technical test: reclaiming $1.10–$1.15 would help negate the breakdown risk; losing $1 increases probability of further de-risking toward ~$0.92. Long-term, if Ripple’s Europe MiCA/CASP compliance narrative continues to reduce fundamental uncertainty, it can support eventual stabilization—but near-term price action is still likely to be dominated by the delayed U.S. legislative timeline and the market’s current weak momentum.