The price of XRP was hovering at $1.14 on June 21, down 0.52% in the past 24 hours. The token remained confined in a narrow range after another failure to rise above $1.20. Buyers remained behind the $1.10 level, although there was little interest in trying to make a higher recovery due to weak trading volume.
Clarity Act moves closer to the president’s desk; What’s next for XRP price?
Regulatory developments continue to be an important driver of XRP price analysis. the The law of clarity It has already passed committee and awaits action in the Senate. But the bill has not yet paved a firm path to the president’s desk.
The proposal needs 60 votes in the Senate to advance. Before the August recess, supporters must muster at least seven Democratic votes. This number of votes now represents the main hurdle for lawmakers looking for more favorable encryption bills.
According to Elinor Terret, host of Crypto in America, a timeline setting the Fourth of July seems outside the realm of possibility. She mentioned ethics problems, texting problems between the House and Senate, and difficult mathematics. Senator Cynthia Lummis He also hinted at holding a vote during the August recess.
💥BREAKING: 🇺🇸 Senate leaders are holding emergency meetings next week in a last-minute effort to save the Clarity Act before time runs out. pic.twitter.com/LCcXF8FQpp
— Crypto Rover (@cryptorover) June 21, 2026
The bill could have a bigger impact on XRP than the headlines suggest. Regulation of digital assets is becoming more precise, which will support the evaluation of token settlement, digital goods and payment infrastructure by institutions.
XRP is already appearing in Treasury Department token settlement programs, although widespread adoption remains hampered by a lack of legal clarity.
Traders see XRP near $1.14 as a potential discount. However, the market is cautious because Ripple’s growth does not always translate directly into demand for XRP. RLUSD and payment Bars can continue to grow even though XRP does not move much.
Inflows from XRP ETFs reached $2.55 million with net assets approaching $1 billion
Inflows from XRP ETFs continued to be positive on June 18, receiving $2.55 million in net inflows. According to Sosovalue, the total net assets were valued at $994.81 million, which represents 1.39% of the market capitalization of XRP.
Bitwise saw $2.55 million in new inflows, while other XRP products listed had no daily inflows at all. Bitwise, Canary and Franklin led the net asset category suggesting that institutional exposure remains active when price action is weak during the day.
Is XRP price ready to break above $1.20?
At the time of writing this report, it was XRP price It was trading at $1,143 on the four-hour chart. XRP remains below the $1.20 resistance level after losing momentum from the rally that occurred in mid-June.
The chart displays a curved trend line as sellers maintain control of short-term rallies around the $1.15 level.
The RSI is at 43.80, indicating weak momentum in a neutral state. The MACD is still in a downtrend, but the red bars are starting to become less frequent.
A clean move above $1.15 could open up targets at $1.20 and $1.30. However, if the XRP price is unable to recover $1.15, it will remain below the $1.10 support. If the $1.10 level is broken, there could be more pressure to move towards $1.05.
