XRP, Will it Break $1.50 if the CLARITY Act Passes?

▲ XRP/AI-generated image ©

XRP (Ripple) has once again attempted to break through $1.46, driven by expectations for US cryptocurrency regulatory legislation and ETF fund inflows. Market analysis suggests that the review of the US cryptocurrency market structure bill, the CLARITY Act, could be a key turning point that changes XRP's long-term trajectory.

According to investment media FXLeaders on May 14 (local time), XRP is currently trading at $1.4317, up approximately 0.20% during the day. The market is focusing on the US Senate Banking Committee beginning its markup of the US cryptocurrency market structure bill, the CLARITY Act amendment, as a key positive factor. This bill aims to establish a regulatory framework for digital assets within the US, and if passed, it is suggested that it could lay the groundwork for regulated institutions to freely trade XRP like other financial products or commodities.

Market analysis indicates that expectations for the bill's passage are boosting XRP investor sentiment. FXLeaders assessed that if the Senate review concludes positively, it could provide strong regulatory clarity across the entire cryptocurrency industry. It further explained that if discussions on the bill accelerate before US lawmakers enter their Memorial Day recess, it could directly impact market sentiment.

Institutional fund flows were also interpreted as a positive sign. US XRP spot ETF fund flows have recently remained in positive territory, and on-chain data from the XRP Ledger also shows an increase in trading volume and active wallet numbers. FXLeaders reported that Ripple's continued efforts to expand its RLUSD stablecoin and global remittance and tokenized asset businesses are also increasing expectations for the expansion of the XRP ecosystem.

From a regulatory perspective, the effective weakening of the US Securities and Exchange Commission (SEC) risk was cited as a key market change. The media analyzed that with XRP's classification as a commodity officially set for March 2026, the likelihood of XRP being adopted more quickly in global payment infrastructure and remittance markets has increased. There are also expectations in the market that XRP could establish itself as a payment asset complementing existing financial networks in the future.

Technically, XRP recently surged to $1.507 and has since formed a bullish flag pattern on the 1-hour chart. The current price is above the moving average (MA) support zone of $1.412-$1.42, and the Relative Strength Index (RSI) is at a level of 55-60, remaining in the pre-overbought stage. FXLeaders suggested key resistance levels at $1.45, $1.464, and then the $1.488-$1.507 range. Conversely, key support levels were analyzed at $1.412 and $1.379.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*