XRP price analysis: Senate vote is imminent, institutional investors quietly plan

Core Points

● XRP rose 1.27% to US$1.10, key resistance at US$1.12
● Clear bill has been passed by the House, Progress has been made in the Senate Banking Committee
● The Senate procedural vote may be held from July 13 to 17, 2026
● Market analysts EGRAG CRYSTPTO and Crypto Patel both pointed out that the strategic accumulation range of US$0.85 to US$1.20 is the
● The cumulative net inflow of XRP ETF products reached US$1.48 billion. Total net assets reached US$989 million

Market dynamics

XRP closed up on Friday at US$1.10, or 1.27%. During the same period, the cryptocurrency market overall rose by 1.54%, with a total market value reaching US$2.19 trillion. Bitcoin rose 1.48% to $64,002, while Ethereum performed even stronger, rising 3.03% to $1,790.

Technical Analysis

Four-hour cycle technical analysis shows that market buying is returning, but upward momentum is still limited by US$1.12 resistance. The Relative Strength Index (RSI) was at 47.48, just below the neutral benchmark of 50. The MACD bar chart has turned positive 0.0018, and the MACD line crosses the signal line, suggesting that prices may rebound.

If it can effectively break through US$1.12, it will open the channel for an upward attack of US$1.15 and then target US$1.20. Conversely, US$1.07 constitutes a key supporting foundation. If this level falls, XRP could face downward pressure, pointing to the $1.05 or psychologically meaningful $1.00 level.

Market analyst Celal Kucuker shared his views on social media, emphasizing that "smart money accumulates when people are tired." Its technical framework defines US$0.85 to US$1.20 as the accumulation range, US$1.65 as the kinetic turning point, US$3 to US$3.5 as the macro breakthrough area, and sets the cycle target at US$15. The core view is that strategic patience trumps passive trading.

Legislative timeline for the clarity bill

The clarity bill was approved by the House of Representatives on July 17, 2025, with 294 votes in favor. The Senate Banking Committee voted 15 - 9 to advance the legislation on May 14, 2026. The Senate will resume after its recess on July 13, and procedural votes may be scheduled from July 13 to 17.

The coordination process between the House and Senate may start July 20 to 24. If both houses pass the same version, the bill could be sent to President Trump for signature before the end of August. If it is not completed on schedule, it is expected to be postponed until September.

Senate Democrats have expressed concerns about Trump's cryptocurrency investments and have called for a committee hearing to point out potential conflicts of interest issues related to the Clarification Act. Moral considerations remain the focus of controversy in the negotiations.

The proposed legislation would establish a comprehensive national infrastructure for digital asset commerce and regulation, allocating regulatory authority between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Improved regulatory clarity is expected to reduce uncertainty in XRP asset classification and promote broader market participation by institutional investors.

Expert accumulation target price

Cryptocurrency analyst EGRAG CRYSTPTO defines the range of $0.85 to $1.20 as a historically significant macro support band. According to its assessment, XRP may be pulled back to US$0.85 while maintaining long-term structural integrity. Its price targets include: $1.65 as the momentum confirmation point,$3.00 to $3.50 as the important resistance level, and $15 as the full-cycle target.

Analyst Crypto Patel has set the accumulation window between $0.70 and $1.10. Its MACD technical assessment shows that a bullish cross pattern is taking shape. Patel cited similar technical patterns that had previously predicted a price surge of more than 1000%, predicting that if XRP maintains its current support level and breaks through the $3 mark, it is expected to move towards $9 or higher.

In terms of exchange-traded fund development, XRP products recorded zero net daily inflows on July 9. Cumulative total inflows reached US$1.48 billion, and total net assets were US$989.46 million. Bitwise led the way with $308.15 million in assets under management, Canary followed closely with $252.97 million, and Franklin ranked third with $249.54 million.