XRP price is down 0.81% over the past 24 hours, settling near $1.33 as bearish pressure re-emerges across altcoins. The token failed to defend the $1.40 support area, triggering a new technical breakdown.
The weakness seen in other cryptocurrencies has been exacerbated by broader market consolidation. Bitcoin price fell below $67,000, and Ethereum price Down to less than $2,000, after a short-lived recovery attempt.
The Clarity Act was halted due to controversy over stablecoin returns
Lawmakers have renewed discussions on the proposal The law of claritywhich seeks to limit oversight of cryptocurrencies in the United States. The bill seeks to define what authority will be between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Several controversial provisions remain without full committee approval. The scope of regulations and enforcement powers as well as compliance levels remain controversial among policy makers.
The biggest challenge is regulating the rules that control stablecoin payout programs. Industry participants say debate over reward mechanisms has paralyzed legislative progress for more than a year.
Although the White House and several senators have expressed their opinion on establishing regulations on the use of stablecoins, there are still divisions within Congress. These differences have delayed progress on creating a unified framework for digital assets.
Senate Democrats recently held a closed meeting to reassess outstanding concerns associated with the legislation. This gathering marks their first official move since the coding process was postponed last month.
Some industry leaders remain hopeful that the settlement will unlock progress in the coming months. Speculation has spread that President Donald Trump may sign a final framework by April 3. Others expect broader approval to extend to April 2026 if negotiations continue. Until a clearer regulatory direction emerges, XRP and the broader altcoin market may remain under cautious pressure.
The XRP ETF sees inflows halting as assets approach $933 million
The XRP ETF recorded no daily net inflows as of March 27, indicating a pause in new capital movement. Cumulative inflows reached a high of $1.21 billion, indicating continued investor participation.
Net assets were recorded at 933.33 million, equivalent to 1.15% of XRP market capitalization. Trading volume reached 18.03 million during the session. Bitwise, Franklin and Grayscale fell, with shares closing lower today on major US exchanges.
Can XRP price recover towards $1.45 despite bearish technical signals?
the The price of XRP has fallen to $1.32 during Sunday’s 4-hour session, extending its recent corrective move.
Technical charts show that XRP is still under selling pressure. Price action has identified new lows and lows. This trend is an indicator that downward momentum will continue to dominate the structure.
The 4-hour RSI is at 36. This reading has kept XRP near the oversold zone.
Meanwhile, the MACD indicator stands at a negative value. These signal lines remain below the zero point. This arrangement indicates a decline in the upward movement and the continuation of downside risks.
If XRP price regains $1.38, the next upside target will be at $1.45. A sustained break above this level could open the way towards $1.55. Conversely, failure to hold $1.30 may accelerate losses. In this scenario, traders will closely monitor the $1.25 and $1,200 support areas.
