XRP climbed to $1.10 on July 11, just days before the U.S. Senate is expected to hold a key procedural vote on the CLARITY Act. The bill passed the House on July 17, 2025 with 294 votes and advanced through the Senate Banking Committee on May 14, 2026 by a 15-9 margin. The Senate returns from recess on July 13, with the vote potentially taking place between July 13 and July 17. If identical versions clear both chambers, the legislation could reach President Trump's desk before September. Senate Democrats have raised concerns over President Trump's personal crypto investments creating potential conflicts of interest.
Technical Landscape: Resistance at $1.12, Support at $1.07
On the 4-hour chart, buying activity shows a moderate uptick but momentum remains capped. The Relative Strength Index sits at 47.48, slightly below the neutral 50 line, while the MACD histogram flipped positive to 0.0018 with the MACD line crossing above the signal line, signaling a possible rebound. A decisive move above $1.12 could open the path toward $1.15 and $1.20. On the downside, $1.07 serves as immediate support; losing that level could drag the price to $1.05 or the psychologically significant $1.00 mark.
Analysts Outline Accumulation Zones and Cycle Targets
Several market analysts have defined price ranges for strategic accumulation. Celal Kucuker argues that “smart money accumulates when everyone is bored,” marking the $0.85–$1.20 band as a prime accumulation zone, with $1.65 as a momentum pivot, $3–$3.5 as macro breakout points, and a cycle target of $15. EGRAG CRYPTO also views $0.85–$1.20 as a historic macro support area, noting a decline toward $0.85 would not break the long-term structure. His triggers are identical: $1.65 for renewed momentum, $3–$3.5 as major resistance, and $15 as the cycle target. Crypto Patel sets a lower accumulation range of $0.70–$1.10. His MACD-based setup shows a bullish crossover reminiscent of earlier patterns that produced gains exceeding 1,000%. Patel believes that if XRP holds current support and breaks above $3, it could reach $9 or higher.
XRP ETF Flows: Cumulative Inflows Reach $1.48 Billion
On July 9, XRP-linked exchange-traded funds registered zero net daily inflows. Cumulative inflows stand at $1.48 billion, with combined net assets totaling $989.46 million. Bitwise leads with $308.15 million in assets under management, followed by Canary at $252.97 million and Franklin at $249.54 million.