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XRP price stalls below $1.08 as US Senate delays CLARITY Act and technical resistance persists
The XRP token is trading in a narrow band around $1.07‑$1.09, below the $1.08 psychological support level. All major exponential moving averages (20‑day, 50‑day, 100‑day and 200‑day) sit above the current price, and the 20‑day EMA near $1.10 acts as dynamic resistance. A decisive breakout above the 100‑day EMA around $1.22 is required for a medium‑term trend reversal.
In the United States, the Senate has postponed the CLARITY Act, a bill that would permanently classify XRP as a commodity. The delay removes a regulatory catalyst that many institutional investors have been awaiting.
Ripple launched the Ripple Mint platform on 23 July, introducing the RLUSD stablecoin. Institutional activity includes Aviva Investors’ tokenized fund on the XRP Ledger and Hong Kong’s first licensed retail XRP trading venue. Upbit in South Korea has also integrated RLUSD for deposits and withdrawals.
Derivatives data show mixed sentiment: funding rates for XRP futures turned positive at roughly 0.009 %, indicating long positions are paying fees, while open interest fell to about $369.6 million, the lowest level since 2024. Whale buying has helped hold the price near $1.08, but the market remains fragile pending regulatory clarity and a break of key resistance zones.
Entities
Aviva Investors · ChartNerd · ChatGPT · Notabene · RLUSD · RLUSD stablecoin · Ripple · Ripple Labs Inc. · Ripple Ltd. · Standard Chartered · U.S. Senate · US Senate
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] XRP price fell below $1 and was trading around $1.05‑$1.07. www.finanznachrichten.de · captainaltcoin.com · criptotendencia.com
- [● 3 SOURCES] All major exponential moving averages (20‑day, 50‑day, 100‑day, 200‑day) remain above XRP’s price. u.today · coinotag.com
- [○ 1 SOURCE] ChatGPT assigns a 25 % probability that XRP will reach $3 by the end of 2026.
- [● 3 SOURCES] A symmetrical triangle pattern broke down to the downside, producing a bearish breakout candle. coinotag.com · u.today
- [○ 1 SOURCE] Ripple launched the Ripple Mint platform for banks on July 23, introducing the RLUSD stablecoin. www.finanznachrichten.de
- [○ 1 SOURCE] Funding rates on XRP futures turned positive at roughly 0.009 %, indicating long positions are paying fees. criptotendencia.com
- [○ 1 SOURCE] Analyst ChartNerd predicts XRP will drop below $1 in 2026, citing a weekly EMA death‑cross.
- [DISPUTED] The U.S. Senate is expected to vote on the CLARITY Act next week, a regulatory measure affecting XRP. www.finanznachrichten.de
- [● 4 SOURCES] XRP price fell below $1.08 support to around $1.05‑$1.07. www.finanznachrichten.de · www.kapitalmarktexperten.de · www.analyticsinsight.net
- [● 2 SOURCES] Ripple launched the Ripple Mint platform on 23 July, introducing the RLUSD stablecoin. www.finanznachrichten.de · www.coinkurier.de
- [○ 1 SOURCE] Hong Kong opened its first licensed retail XRP trading venue. www.kapitalmarktexperten.de
- [● 3 SOURCES] RSI is near 39‑43, indicating XRP is at its most oversold monthly level ever. captainaltcoin.com