XRP price hovered at $1.14 on June 21, down 0.52% over the past 24 hours. The token remained trapped in a tight range after another failed push above $1.20. Buyers remained behind the $1.10 level, though there was little interest in attempting a higher recovery due to weak volume.
CLARITY Act Nears President’s Desk; What’s Next For XRP Price?
Regulatory developments continue to be a significant driver in XRP price analysis. The CLARITY Act has already passed committee and is awaiting action in the Senate. But the bill has yet to clear the firm path to the president’s desk.
The proposal needs 60 Senate votes to move forward. Before the August recess, supporters have to goad at least seven Democratic votes. That vote tally is now standing as the major obstacle for legislators looking for more expedient crypto bills.
According to Eleanor Terrett, host of Crypto in America, a timeline that specifies July 4th seems like it is out of the realm of possibility. She mentioned ethics problems, text problems between the House and the Senate, and the challenging cloture math. Senator Cynthia Lummis has also hinted at 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 the clock runs out. pic.twitter.com/LCcXF8FQpp
— Crypto Rover (@cryptorover) June 21, 2026
The bill could have a bigger impact for XRP than the headlines suggest. Digital asset regulation becomes more precise, which will support the assessment of tokenized settlement, digital commodities and payment infrastructure by institutions.
XRP is already showing up in tokenized Treasury settlement pilots, though widespread adoption remains hindered by a lack of legal clarity.
Traders see XRP near $1.14 as a possible discount. However, the market is cautious as Ripple’s growth doesn’t always translate directly to XRP demand. RLUSD and payment rails could continue to grow despite XRP not moving much.
XRP ETF Inflows Hit $2.55M as Net Assets Near $1B
XRP ETF inflows continued to be positive on June 18, picking up $2.55 million of net inflows. According to Sosovalue, total net assets were valued at $994.81 million, representing 1.39% of the market cap of XRP.
Bitwise saw $2.55 million in new inflows, while the other listed XRP products had no daily inflows at all. Bitwise, Canary and Franklin led the net asset category which indicates that institutional exposure is still active when price action has been weak on the day.
Is XRP Price Ready for a Breakout Above $1.20?
At the time of writing, the price of XRP was trading at $1.143 on the four-hour chart. XRP remains below the $1.20 resistance after losing momentum from the mid-June spike.
The chart displays a curved trendline as sellers are maintaining control over short-term rallies around the $1.15 level.
The RSI is at 43.80, indicating weak momentum in the neautral condition. The MACD is still in a downtrend, but red bars are starting to become less frequent.
A clean move above $1.15 could open targets at $1.20 and $1.30. But, in case the XRP price does not manage to recover $1.15, it will stay under $1.10 support. If $1.10 is broken, there could be more pressure moving toward $1.05.
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