XRP Price Outlook Ahead of Jan 15 CLARITY Act Vote

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XRP Price Outlook Ahead of Jan 15 CLARITY Act Vote

Highlights

  • XRP spot ETFs attracted $4.92M inflow, signaling investor confidence.
  • The CLARITY Act vote could define XRP’s regulatory future.
  • XRP price must hold $2.00 support or risk further downside.

XRP price dropped 0.9% in the past 24 hours as investors brace for the upcoming CLARITY Act vote on January 15. The asset has reversed sharply from its January 6 high of $2.40, currently trading near $2.05. 

XRP price could not overcome the resistance of $2.13 but fluctuated between $2.08 and $2.13 during the day.

In spite of the pullback of XRP, the overall crypto market increased by 0.6% in the past 24 hours, bringing its weekly surge of 0.73%. The market is, however, 2.32% below the monthly chart. 

The overall market capitalization remained above the $3.05 trillion retracement mark. Bitcoin price traded above $90,000 while Ethereum held near $3,000 as other assets consolidated.

Crypto Clarity Bill Heads to Senate

The latest U.S. Senate Committee notice confirms a pivotal moment for digital assets. 

Lawmakers will meet on January 15 at 10:00 AM ET to mark up the Digital Asset Market Structure and Clarity Act of 2025, also known as the CLARITY Act.

The proposed bill is set to have early momentum as indicated by its proposed markup, which seeks to offer a holistic regulatory framework to digital commodities. 

The bill specifies the oversight functions of the Commodity Futures Trading Commission (CFTC), attempts to regulate wash trading, and requires evidence of reserves.

Provided the bill is enacted, the law has the potential to remove significant compliance challenges that institutional actors face in implementing altcoins and other crypto assets on a large scale. 

Supporters of the bill believe that it will place guardrails and lead to innovation and transparency in the crypto sector.

Although the meeting is procedural, it shows that U.S. lawmakers are becoming more and more urgent to establish the legal limits of the digital asset sector. The hearing is likely to take the bill one step closer to a full Senate vote later in this year.

XRP Spot ETFs See $4.92M Inflow as Price Holds Above $2.00

The latest update from the U.S. market shows that XRP spot ETFs recorded a significant net inflow of $4.92 million on January 9.

The net inflow corresponds to approximately 2.32 million XRP added to spot exchange-traded funds. 

The price action remains correlated with investor interest, as inflows signal rising confidence in XRP-based ETF products.

Will XRP Price Hold $3.00 Support Level?

As of the reporting, the XRP price trades near $2.09 after a sharp pullback from last week’s peak.

The volume of trading has slowed, indicating decreasing momentum in the wake of the recent period of rallying.

The MACD is below the signal line, which indicates that the bearish momentum is in the short run.

The RSI is currently only around 43, which goes to show that the situation is neutral without any oversold.

Assuming that $2.00 holds, the price of XRP may make an effort to recover to 2.20, a major point of resistance.

XRP Price Outlook Ahead of Jan 15 CLARITY Act Vote
Source: XRP/USDT 4-hour chart: Tradingview

A clean break of above $2.20 can open upside targets of $2.35 and $2.50. However, losing $2.00 could expose XRP to a deeper pullback toward $1.90. Below that level, $1.80 remains the next major downside support.

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Frequently Asked Questions (FAQs)

1. What is the CLARITY Act and why does it matter for XRP?

The CLARITY Act is a U.S. bill that seeks to establish a clear regulatory framework for digital assets. It’s important for XRP because it could resolve long-standing classification issues and open the door for broader institutional adoption.

2. When will the CLARITY Act vote take place?

The U.S. Senate Committee will meet on January 15 at 10:00 AM ET to hold a markup session for the CLARITY Act of 2025.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

XRP

XRP

$2.0919 0.05% (24h)

24 Hours volume

$1.01B

Market Cap

$126.98B

Max Supply

100B

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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