XRP Price Prediction as CLARITY Act Approval Odds Surge After Trump’s Ethics Concession

Ripple (XRP) price is up slightly today after Senate Republicans tabled their final text of the CLARITY Act before the cloture vote takes place on September 15.

President Trump has also reportedly agreed to the revised ethics provision, with the development causing a surge in the CLARITY Act approval odds on prediction markets.

XRP price trades at $1.38% today, September 14, after gaining by 2% in 24 hours.

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CLARITY Act Approval Odds Rise Ahead of Cloture Vote

Data from Polymarket shows that there is a 33% chance that the CLARITY Act bill will get approved by the US Senate. The odds had dropped to 14% on September 8.

CoinGape prediction markets also show that there is a 32% chance that the CLARITY Act will become law in 2026, with the shifting odds pushing Bitcoin, Ethereum and XRP prices higher.

The rising odds come after President Trump agreed to the latest version of the bill that included new provisions on ethics rules that had previously deterred Democrat Senators from voting for the bill.

As CoinGape reported, the new text includes a provision that requires relevant officials to abandon their crypto-related financial interests. It has also introduced a “circuit breaker” where federal regulators can intervene if there are massive inflows to stablecoins.

These new provisions have drawn criticism, with pro-XRP lawyer John Deaton, who is vying to become the Massachusetts Senator under the Republican Party, saying that the new laws suggest the banking industry has captured Republican leaders.

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XRP Long Positions Surge Ahead of CLARITY Vote

Data from CoinGlass shows that the XRP funding rate has changed from negative to positive ahead of the CLARITY Act cloture vote.

The long/short reading has also risen from 0.98 to 1, suggesting that short accounts are no longer dominating the market.

The increased number of long accounts has caused a 3.17% increase in XRP’s open interest to $2.93 billion at the time of writing.

Analyst Forecasts XRP Price Rally to $1.60 as ETF Inflows Persist

Analyst Ali Charts notes that the price of XRP is facing an obstacle at $1.38. He notes that if the price can move above this obstacle, it could reach the psychological resistance at $1.60.

However, the analyst noted that this bullish forecast for XRP price will depend on whether the token can defend the support between $1.31 and $1.35, where 2.29 billion tokens were previously traded.

The bullish outlook comes on the back of rising inflows to XRP ETFs. Data from SoSoValue shows that there were $18.98 million in inflows to XRP ETFs in the week between September 7 and September 11.

The move to $1.60 could also occur amid rising network activity after the XRP Ledger set a new record with 3,254 transactions in a single block after the activation of the fixCleanup3_3_0, as earlier reported by CoinGape.

XRP Price Forecast as Key Resistance Breaks

XRP price has been creating a double bottom pattern on the four-hour chart. The price has also moved above the double bottom’s resistance at $1.37.

If XRP can now defend this price at $1.37 as support, the price could reach $1.42 in the near term.

There is also uncollected liquidity above the current price that could act as a magnet that pulls the XRP price up to the September 11 high of $1.43.

The MFI reading of 63 confirms that the momentum is favoring bulls. This reading also shows that the buying pressure is outpacing the selling pressure on the four-hour timeframe.

The AO bars that are green and have turned positive also support a bullish forecast that the price of XRP could reach $1.42.