Ripple Drops to Monthly Low After CLARITY Bill Fails

After the CLARITY bill failed in the US Senate, XRP fell below $1.30 to a monthly low. This article examines legal implications, ETF inflows of $1.7B, key support/resistance levels, and likely price paths for Ripple.

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Ripple Drops to Monthly Low After CLARITY Bill Fails

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Ripple tumbles after CLARITY bill setback

Ripple's XRP slid sharply after the CLARITY crypto-market bill failed to pass in the US Senate. The token fell more than 8% to trade below $1.30, marking a monthly low as cumulative delta volume swung to -10.5 million — a clear sign of mounting sell pressure and short-term investor unease.

Legal status unchanged, says CEO

Despite the legislative setback and the delayed prospect of clearer regulation, Ripple's legal standing has not changed, according to CEO Brad Garlinghouse. Institutional demand remains visible: XRP-focused ETFs have accumulated over $1.7 billion, underscoring ongoing interest from larger market participants even as retail sentiment cools.

Market outlook and key technical levels

Short-term price action looks range-bound unless a decisive breakout occurs. AI-based projections point to a likely oscillation between support at $1.25 and resistance near $1.50. A sustained break above $1.50 could open the door to a retest of the local high around $1.70. Conversely, fading ETF inflows and continued market weakness could push XRP back toward $1.20.

What traders should watch

Two variables will be critical to reducing selling pressure and restoring confidence: maintaining the $1.25 support and continued inflows into XRP ETFs. Monitoring on-chain metrics, ETF flow updates, and regulatory headlines will provide the fastest signals for directional shifts.

Bottom line

The failure of the CLARITY bill delays regulatory clarity, but it does not alter Ripple's operational position. For traders and investors, the near-term narrative hinges on ETF demand and whether bulls can defend $1.25. Until a clear breakout or breakdown occurs, expect heightened volatility and range-bound trading in XRP and broader crypto markets.

Zoya Akhtar
"I’m Zoya, and crypto is my playground. I dive deep into blockchain trends, DeFi, and how digital assets shape our future economy."

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