- XRP faces a crucial moment as the Senate returns and the CLARITY Act gains renewed attention.
- A key SEC roundtable this week could shape market expectations despite not being crypto-focused.
- Price remains range-bound, but a confirmed vote could drive a breakout, while delays may push it lower.
The crypto market is watching closely as the U.S. Senate resumes session after a short Easter recess. For XRP, this week could shape price direction as key regulatory events approach.
Senate Return Puts CLARITY Act Back in Focus
The Senate Banking Committee has resumed work, and the window to push the CLARITY Act forward is now open. Lawmakers have limited time to act before midterm campaigns begin to dominate the schedule.
Earlier delays were caused by disagreements around stablecoin yield restrictions and DeFi provisions. Those issues now appear resolved. Support has grown after Coinbase CEO Brian Armstrong endorsed the bill, alongside backing from Treasury Secretary Scott Bessent.
At the same time, both the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission have signaled readiness to implement the law if passed.
If approved, the bill would give XRP a permanent commodity classification under federal law. That would remove long-term uncertainty that has weighed on investor confidence.
SEC Roundtable Could Influence Market Sentiment
An upcoming SEC roundtable has drawn attention across the crypto space. While not officially focused on digital assets, it still matters for XRP.
The event will feature key figures such as Hester Peirce and Mark Uyeda, both involved in ongoing crypto policy updates.
Even though the agenda centers on market structure, traders expect indirect signals about regulatory direction. The SEC has already been working on frameworks covering token classification, custody, and DeFi.
This means that if the CLARITY Act moves forward, implementation could happen faster than expected.
XRP Price Outlook for April
XRP has been trading within a narrow range in recent months. Upcoming events could determine whether that pattern continues or breaks.
Bullish Scenario
If the Banking Committee schedules a markup vote before May, confidence could rise quickly. XRP may test resistance near $1.45. A breakout could push the price toward $1.60, especially if institutional inflows increase.
Base Scenario
If discussions continue without a confirmed vote date, XRP may remain range-bound. Prices could stay between $1.30 and $1.40 through the end of April.
Bearish Scenario
If delays extend into May, sentiment may weaken. Combined with rising geopolitical tensions, XRP could fall below $1.28 and move closer to $1.15.
Can the CLARITY Act Finally Move XRP
April presents one of the strongest setups XRP has seen this year. Regulatory clarity, political backing, and market anticipation are all aligning.
However, timing remains critical. A confirmed markup before May could support a breakout. Without it, XRP may continue to react more to global events than policy progress.
For now, the market is watching closely. The next two weeks could decide whether XRP finally breaks out or stays locked in its current range.
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