XRP Price Prediction Ahead of July 17 CLARITY Act Hearing

XRP price traded near $1.06 on July 13, 2026, as regulatory developments returned to investors’ focus. Bitcoin price was trading at around $62,989 and Ethereum price was around $1,625 in a wider market drop. 

The total cryptocurrency market fell roughly 0.9% to $2.17 trillion within 24 hours. Traders now await a July 17 congressional hearing focused on the CLARITY Act’s potential impact on markets.

House Schedules July 17 Crypto CLARITY Act Hearing

The House Financial Services Committee will convene the field hearing at 10:00 a.m. in New York. The lawmakers called the session Building the Future of Finance: How CLARITY Act Unlocks Innovation. 

It will discuss whether market rules can sustain innovation and enhance cryptocurrency user protection. The House approved H.R. 3633 on July 17, 2025, through a bipartisan 294–134 vote. 

The move would create a federal system of digital assets and demarcate the functions of financial regulating bodies.

🇺🇸 The U.S. House will hold a hearing on the Crypto CLARITY ACT in just 4 days, on July 17. pic.twitter.com/2f3qB2yttx

— Ash Crypto (@AshCrypto) July 13, 2026

It has been proposed as 15-9, which was put forward by members of Senate Banking Committee on May 14, 2026, after negotiations. However, the legislation still requires Senate approval before reaching the president’s desk. 

Senators returned from recess on July 13, raising expectations for renewed talks in the weeks. The Senate had not set an official date to final floor vote by July 13. Thus, the hearing would build up political momentum but not necessarily pass prior to the August recess.

Polymarket Odds Put Clarity Act Passage in 2026 at Just 43%

Polymarket traders now assign a 43% chance that the Clarity Act will become law during 2026. The contract has dropped by 22 as the market lacks confidence in the contract following the months of extreme swings. 

Trading volume is approximately at $1.61 million, indicating a consistent interest in regulatory outlook. The market is settled on January 1, 2027, depending upon the final status of the legislation.

XRP Price Prediction: Can Bulls Defend the Crucial $1.07 Level?

As of the reporting, the XRP price traded near $1.08 on the four-hour chart. 

The chart indicates that there is an immediate support at $1.07 to $1.08, where buyers have already been attracted to the market.

The Relative Strength Index is close to 39.52. This stance signals a declining demand, but XRP is not in heavily oversold territory. The MACD line is less than its signal line, and the histogram is negative.

The price of XRP needs to rebound above $1.10 to alleviate short-term negative pressure and enhance market sentiment. An extended breakout of above $1.12 would create an avenue to the more powerful resistance of $1.15. 

The bearish perspective gains force when XRP price falls below $1.07, but with the growing volume and the declining momentum. In that case, traders can observe $1.04 and $1.00 as potential bottoms.