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XRP Hits $1.07: ETF Freeze, CLARITY Stall & the Next Key Levels
Audio is available on Spreaker — see link below.
XRP crashes to its lowest price since August as spot ETF inflows freeze for four straight days and the CLARITY Act stalls in the Senate. We break down the key support levels, XRP's underperformance vs Bitcoin and Ethereum, and what it would take to reverse the slide.
Audio is available on Spreaker — see link below.
XRP just hit its lowest price since August, and the question now isn't whether support is under pressure. It's whether there's anything left to hold it.
The institutional safety net is gone, at least for now. Spot ETF inflows ran at zero for four consecutive days, November third through sixth.
The relative weakness here is specific to XRP, not a market-wide story. Over the past week, Bitcoin dropped three percent.
On the regulatory side, the picture is similarly unresolved. The CLARITY Act, which would classify XRP as a commodity under CFTC jurisdiction, failed a Senate procedural vote forty-nine to fifty in September.
There's a newer tension worth watching. Ripple's stablecoin, RLUSD, grew its market cap by two hundred and twenty-nine million dollars in one month.
The signal to watch is straightforward. Can XRP hold one dollar with no ETF inflows, no legislative progress, and community confidence under pressure?
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