XRP steadies near $1.10 as ETF inflows pause and CLARITY Act hopes rise

The XRP token is trading in a tight range around $1.10‑$1.12, with key support at $1.00‑$1.10 and resistance near $1.17. Technical indicators show mixed signals: the RSI hovers near neutral, while moving‑average clusters suggest bearish pressure remains.

Spot‑XRP ETFs have accumulated about $1.48 bn of net inflows since launch, but recent data show zero net inflows for the week of July 14, indicating institutional caution. The first $1.5 bn of inflows included significant participation from retail and hedge‑funds; Goldman Sachs has sold its $153.8 m holding, while Standard Chartered estimates another $4‑$8 bn could flow in if the U.S. CLARITY Act passes.

Legislative activity on the CLARITY Act accelerated, with Senate leaders planning to introduce the bill in coming weeks after months of negotiation. Proponents argue the bill would provide clear regulatory guidance for digital assets, while some Democrats raise concerns over ethical rules.

Sentiment measures show a five‑week high in bullish commentary for XRP, with a 3.02 : 1 ratio of positive to negative mentions. On‑chain data indicate a 28.6 % rise in service‑tagged transactions, reflecting growing use by payment providers and custodial services. Whale accumulation continues, but price momentum remains limited, keeping XRP below its recent highs.