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David nodded
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XRP price is trading near $1.39 with a 4% gain over 24 hours as support to forecast what could be the most crucial month in Ripple’s regulatory history. Brad Garlinghouse has once again moved the goalposts on Clarity schedule law.
Speaking at the Semaphore Global Economy Summit yesterday, Garlinghouse reiterated the end-May target for the CLARITY Act, citing the imminent resolution of the dispute over stablecoin revenues that has stalled the bill since January.
A White House Council of Economic Advisers report found that a complete ban on stablecoin revenues would cost consumers $800 million annually while adding just 0.02% to bank lending capacity. It is a result that appears to have significantly softened the opposition.
Support is no longer marginal either. Coinbase, Treasury Secretary Bessent and SEC Chairman Atkins all publicly supported the bill last week. This is the third time Garlinghouse has extended the deadline, from 80% confidence in April (announced in February) to the end of May on March 27, to reconfirming the same end-May window in Semafor.
The Senate Banking Committee is targeting late April markup. If this continues, the legislative clock will be tighter than the market expected.
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XRP Price Prediction: $10 once the CLARITY Act is passed?
XRP is strengthening, remaining above the critical $1.30 psychological support level that has served as a floor during multiple retests since March. Trading volume remains high compared to the 30-day average, indicating that accumulation is still ongoing.
The collapse of the scenario is binary, and analysts are frank about it. Dual scenario analysis identifies a bullish case heading towards $5 to $8 on confirmed passage, driven by institutional flows triggered by enduring clarity on the commodity situation.
Standard Chartered’s $8 target carries similar conditions: full legislative passage as well as a broader macroeconomic recovery. The $10 figure circulating in crypto social feeds assumes a maximum institutional rerating in the months following passage, which is possible, but not a consensus forecast.
If the CLARITY Act passes in May, XRP should test the $2 level during the third quarter when institutional desks begin allocating. Or another delay combined with an outright legislative failure could send XRP back to the $1.2 level.
Watch $1.5 as immediate resistance. A weekly close above it would shift momentum indicators to the upside towards the May trigger window.
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Bitcoin Hyper is in play while XRP waits for Congress’ timing
The upside for XRP is real, but it is trapped behind the Senate vote. For traders who have already sized their XRP position and are watching Washington for permission to move, the waiting is the hard part. Having capital idle before a binary event has a cost.
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