XRP Price Prediction: XRP Finally Breaks $1.50 On Senate Vote Then Pulls Back To 100 EMA
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The CLARITY Act cleared the Senate Banking Committee 15-9 and heads to the Senate floor, a regulatory development that could boost crypto adoption for XRP though two Democratic senators warned their support is not guaranteed. XRP spiked to $1.55 on the news then pulled back to $1.4691 on May 15, with the 100 EMA at $1.4945 now the key technical level for continuation. XRP spot ETFs pulled $18.52M in inflows on May 14, bringing cumulative inflows to $1.37B and total net assets to $1.25B, indicating ongoing funding demand.
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- CLARITY Act passed the Senate Banking Committee 15-9 with bipartisan support, now heading to the Senate floor to be merged with the Agriculture Committee version
- XRP spiked to $1.55 on the news before pulling back, with the 100 EMA at $1.4945 now the key level to hold for the move to have continuation
- XRP spot ETFs pulled $18.52M in daily inflows on May 14, pushing cumulative total to $1.37B as total net assets hit $1.25B
XRP trades at $1.4691 on May 15, giving back the CLARITY Act spike after tagging $1.5000 intraday, as the bill clears the Senate Banking Committee with a 15-9 vote and heads to the floor with two Democratic senators warning their support there is not guaranteed.
XRP Daily Chart: $1.50 Tagged and Rejected
The daily chart shows XRP finally breaking above the $1.49 to $1.50 resistance zone that cappe…
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