XRP recorded a 1.27% increase on Friday, reaching $1.10, as the broader cryptocurrency market advanced 1.54% to a total capitalization of $2.19 trillion. Bitcoin closed at $64,002 after a 1.4
XRP recorded a 1.27% increase on Friday, reaching $1.10, as the broader cryptocurrency market advanced 1.54% to a total capitalization of $2.19 trillion. Bitcoin closed at $64,002 after a 1.48% rise, while Ethereum demonstrated greater strength, gaining 3.03% to $1,790.
In the four-hour timeframe, technical analysis shows a moderate uptick in buying activity for XRP, but momentum remains limited below the key resistance at $1.12. The Relative Strength Index currently stands at 47.48, slightly under the neutral 50 line, pointing to a cautious market environment. The MACD histogram flipped positive at 0.0018, with the MACD line crossing above the signal line to suggest a possible price rebound.
Should XRP decisively move above the $1.12 barrier, it could aim for $1.15 next, followed by $1.20. On the downside, $1.07 acts as immediate support. Failure to maintain this level may push the price towards $1.05 or even the psychologically important $1.00 threshold.
XRP holders face a critical resistance at $1.12, with $1.07 as key support; a breakout could set sights on $1.20, while a dip might test $1.00.
Several market analysts have outlined price bands where they see strategic accumulation opportunities for XRP. Analyst Celal Kucuker argued that, “smart money accumulates when everyone is bored.” He marks the $0.85–$1.20 range as a prime accumulation zone, with $1.65 as a momentum pivot, $3.00–$3.50 as macro breakout points, and a cycle target set at $15. Kucuker’s approach emphasizes the value of patience rather than reactive trading.
EGRAG CRYPTO, another well-followed analyst, views $0.85–$1.20 as a historic macro support area. According to his analysis, a decline toward $0.85 does not compromise XRP’s long-term structure. He points to $1.65 as a trigger for renewed momentum, with $3.00–$3.50 acting as major resistance, and $15 as a cycle target.
Crypto Patel positions the accumulation range slightly lower, between $0.70 and $1.10. His MACD-based technical setup indicates a bullish crossover, referencing earlier similar patterns that led to gains exceeding 1,000%. Patel believes that maintaining current support and breaking above $3 could send XRP to $9 or higher.
Mini dictionary: MACD (Moving Average Convergence Divergence), a trend-following technical indicator that shows the relationship between two moving averages of a security’s price, widely used to identify changes in momentum and potential price reversals in crypto markets.
AnalystAccumulation RangeMomentum PivotMacro BreakoutCycle TargetCelal Kucuker$0.85–$1.20$1.65$3–$3.5$15EGRAG CRYPTO$0.85–$1.20$1.65$3–$3.5$15Crypto Patel$0.70–$1.10–$3+$9+Smart money, according to Celal Kucuker, accumulates in the $0.85–$1.20 range, setting ambitious targets up to $15 for the cycle if key levels are reclaimed.
The CLARITY Act, a legislative proposal to establish a regulatory framework for digital assets, cleared the House on July 17, 2025, with support from 294 representatives. The Senate Banking Committee advanced the bill on May 14, 2026, by a 15-9 vote. The Senate, set to reconvene from recess on July 13, could hold a key procedural vote between July 13 and July 17.
Should both the House and Senate approve identical versions of the bill, it may reach President Trump’s desk before September. The process, however, faces opposition from Senate Democrats, who have raised concerns about President Trump’s personal investments in cryptocurrencies and potential conflicts of interest.
If enacted, the CLARITY Act would build a comprehensive national structure for digital asset commerce, sharing regulatory oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This could clarify asset classifications such as XRP’s and allow broader institutional participation.
Mini dictionary: The CLARITY Act is a proposed US federal law designed to provide clear guidelines for the regulation and oversight of digital assets, distributing responsibilities between the SEC and CFTC.
Recent data shows that exchange-traded fund (ETF) products linked to XRP registered no net daily inflows on July 9. Accumulated inflows have reached $1.48 billion, and combined net assets now total $989.46 million. Bitwise leads the field with $308.15 million in assets under management, followed closely by Canary and Franklin at $252.97 million and $249.54 million, respectively.
ETF ProviderNet Assets ($ million)Bitwise308.15Canary252.97Franklin249.54The post XRP rises to $1.10 as Senate vote on CLARITY Act nears, analysts eye $1.20 appeared first on COINTURK NEWS.
