XRP Price Near $1.11 Amid Anticipation of CLARITY Act Hearing and Mixed Technical Signals

1. XRP is priced near $1.11 as traders monitor upcoming CLARITY Act hearing in Washington on July 17, 2026 Newsworthy Reliable Neutral
2. XRP remains in a long-term downtrend on weekly charts, with no reversal yet Newsworthy Reliable Neutral
3. Daily chart shows confirmed bullish divergence indicating fading selling pressure, signaling potential sideways or minor upward price movement Newsworthy Reliable Neutral
4. Critical support level for XRP is $1.10; holding above it could lead price to resistance between $1.13 and $1.15 Relevant Reliable Neutral
5. A break below $1.10 may target $1.06, and a confirmed drop below that could push XRP towards $0.92 Relevant Reliable Neutral
6. XRP token reserves are declining on major exchanges like Binance and Coinbase, indicating reduced selling availability Relevant Reliable Neutral
7. Despite declining exchange reserves, XRP price has not experienced significant upward movement yet Relevant Reliable Neutral
8. The House Financial Services Committee will hold a CLARITY Act hearing on July 17 in New York, spotlighting industry priorities ahead of final Senate vote expected between July 27 and August 7 requiring 60 votes to pass Newsworthy Reliable Neutral

Type: standard news · Analysis confidence: 95%

Used in syntheses

• XRP whales accumulate 70 million amid decreasing Binance reserves • Price consolidates near $1.12 resistance with breakout potential • XRP ETF assets fall below $1B amid regulatory uncertainty • Swift blockchain launch excludes XRP as bridge asset, challenging Ripple thesis