Key Takeaways XRP registered a 1.27% gain to reach $1.10, with critical resistance positioned at $1.12 The CLARITY Act successfully cleared the House and progressed through the Senate Banking
XRP posted gains on Friday, reaching $1.10 with a 1.27% increase while the cryptocurrency market overall expanded by 1.54% to achieve a $2.19 trillion aggregate market capitalization. Bitcoin advanced 1.48% to settle at $64,002, while Ethereum demonstrated stronger momentum with a 3.03% climb to $1,790.
XRP PriceTechnical analysis of the four-hour timeframe reveals purchasing activity returning to the market, though upward momentum remains constrained beneath the $1.12 resistance threshold. The Relative Strength Index registers at 47.48, positioned marginally below the neutral 50 benchmark. The MACD histogram has shifted into positive territory at 0.0018, with the MACD line executing an upward cross above the signal line, suggesting potential price recovery.
A decisive breach above $1.12 would establish a pathway toward $1.15, subsequently targeting $1.20. Conversely, $1.07 represents the critical support foundation. Should this level fail to hold, XRP faces potential downward pressure toward $1.05 or the psychologically significant $1.00 threshold.
Market analyst Celal Kucuker shared insights via Twitter, emphasizing that “smart money accumulates when everyone is bored.” His technical framework identifies $0.85–$1.20 as the accumulation territory, $1.65 as the momentum inflection point, $3–$3.50 as the macro breakout region, and establishes a cycle objective of $15. His core thesis: strategic patience outweighs reactive trading.
Most people will buy $XRP after it breaks ATHs.
Smart money accumulates when everyone is bored.
$0.85–$1.20 = Accumulation
Patience pays. pic.twitter.com/fk8bt6FdH4
— Celal Kucuker (@CelalKucuker) July 11, 2026
The CLARITY Act secured House approval on July 17, 2025, garnering 294 affirmative votes. The Senate Banking Committee pushed the legislation forward on May 14, 2026, through a 15-9 decision. The Senate reconvenes following its recess on July 13, with procedural voting potentially scheduled between July 13 and July 17.
House-Senate reconciliation proceedings may commence during the July 20–24 period. Should both legislative chambers approve identical versions, the legislation could land on President Trump’s desk before August concludes. Failure to meet this timeline would shift expectations to September.
Senate Democrats have voiced apprehensions regarding Trump’s cryptocurrency investments and are demanding committee hearings, pointing to potential conflict-of-interest complications connected to the CLARITY Act. The ethics component continues to represent a contentious negotiation point.
The proposed legislation would establish a comprehensive national infrastructure for digital asset commerce and oversight, distributing regulatory authority between the SEC and CFTC. Enhanced regulatory clarity could diminish ambiguity surrounding XRP’s asset classification and facilitate expanded institutional market participation.
Cryptocurrency analyst EGRAG CRYPTO has designated $0.85–$1.20 as a historically significant macro support band. According to his assessment, XRP could retreat to $0.85 while preserving its long-term structural integrity. His price objectives include $1.65 for momentum confirmation, $3.00–$3.50 as substantial resistance barriers, and $15 as the complete cycle destination.
#XRP – BENT FORK
– $15 (Accumulation Band):
Right now, $XRP is sitting near the historical accumulation band around:
$0.85–$1.20
This zone has acted as macro support in previous cycles.
Can $XRP wick lower toward $0.85? Yes.
But as long as this band holds, the macro… pic.twitter.com/LQ6mMPdcUb
— EGRAG CRYPTO (@egragcrypto) July 10, 2026
Analyst Crypto Patel establishes the accumulation window between $0.70 and $1.10. His MACD technical evaluation indicates an emerging bullish crossover pattern. Patel referenced comparable technical configurations that preceded price surges exceeding 1,000%, projecting a trajectory toward $9 or beyond if XRP maintains present support levels and penetrates the $3 threshold.
Regarding exchange-traded fund developments, XRP products registered zero net daily inflows on July 9. Aggregate inflows total $1.48 billion, while combined net assets measure $989.46 million. Bitwise commands the leading position with $308.15 million in assets under management, trailed by Canary at $252.97 million and Franklin at $249.54 million.
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