XRP, Will it break $1.50 if the CLARITY Act passes?

▲ XRP/AI-generated image ©

XRP (Ripple) has once again attempted to break above $1.46, driven by expectations of US cryptocurrency regulation bills and an influx of ETF funds. Market analysis suggests that the review of the US cryptocurrency market structure bill, the CLARITY Act, could be a key turning point that changes XRP's long-term trajectory.

According to investment media FXLeaders on May 14 (local time), XRP is currently trading at $1.4317, up approximately 0.20% during the day. The market is focusing on the US Senate Banking Committee's commencement of markup on the CLARITY Act amendment, a US cryptocurrency market structure bill, as a key positive factor. This bill aims to establish a regulatory framework for digital assets in the US, and if passed, it could lay the groundwork for regulated institutions to freely trade XRP like other financial products or commodities.

Market analysis suggests that expectations for the bill's passage are boosting XRP investor sentiment. FXLeaders assessed that if the Senate review concludes positively, it could provide strong regulatory clarity across the cryptocurrency industry. It also explained that if discussions on the bill accelerate before US lawmakers enter the Memorial Day recess, it could directly impact market sentiment.

Institutional fund flows were also interpreted as a positive sign. US XRP spot ETF fund flows have recently remained in positive territory, and on-chain data from the XRP Ledger also shows an increase in transaction volume and active wallet numbers. FXLeaders reported that Ripple's continued efforts to expand its RLUSD stablecoin and global remittance and tokenized asset businesses are also raising expectations for the expansion of the XRP ecosystem.

From a regulatory perspective, the weakening of the US Securities and Exchange Commission (SEC) risk was cited as a key market change. The media analyzed that with XRP's classification as a commodity officially set for March 2026, the likelihood of XRP being adopted more quickly in global payment infrastructure and remittance markets has increased. The market also anticipates that XRP could establish itself as a payment asset that complements existing financial networks in the future.

Technically, XRP recently surged to $1.507 and has since formed a bullish flag pattern on the 1-hour chart. The current price is above the 1.412-1.42 dollar moving average (MA) support zone, and the Relative Strength Index (RSI) is at 55-60, remaining in the pre-overheated stage. FXLeaders suggested key resistance levels at $1.45 and $1.464, followed by the $1.488-1.507 range. Conversely, key support levels were analyzed at $1.412 and $1.379.

*Disclaimer: This article is for investment reference only and is not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*