XRP Price Prediction as CLARITY Act Odds Slide to 62% Before May 14 Vote

"XRP rallied to yesterday, climbing over 7% in a week. The move came on a trading volume spike that pushed the price above the $1.45 resistance. The XRP price is currently hovering around $1.46, slightly above the $1.45 resistance level, which has been rejecting rally attempts since the U.S.-Iran war started in late February."

"Polymarket odds of a CLARITY Act passage in 2026 spiked to nearly 80% last week and briefly tagged 90% intraday over the weekend. But the odds have fallen back to 62% as banking trade groups rejected the stablecoin compromise. With the Senate Banking Committee markup three days away, XRP's next move could depend on what happens on Thursday."

"However, the same uncertainty showing up on Polymarket is keeping XRP's breakout in check-yesterday's push above $1.45 stalled at $1.50, with the bears immediately stepping in. With banks reopening the fight three days before the vote, Thursday becomes binary. Either the markup clears the committee and holds the breakout, or it stalls and sends XRP back into the $1.30-$1.45 range it's spent most of 2026 trapped in."

"Opening statements on Thursday morning will set the tone-Republican hedging means trouble. The amendment count in the first 30 minutes is the next tell. A flurry of strip amendments means banks have peeled off Republican votes. Then there's the first contested vote margin. A 12-11 or 13-10 keeps the bill on track, while a wider margin, or a banking-aligned amendment passing, means the compromise is unraveling in real time."

XRP climbed more than 7% over a week, breaking above $1.45 resistance on a volume surge and trading near $1.46. The breakout is being constrained by uncertainty around the CLARITY Act, where Polymarket odds for passage in 2026 rose near 80% and briefly reached around 90% before dropping to 62% after banking trade groups rejected a stablecoin compromise. With a Senate Banking Committee markup scheduled for Thursday, XRP’s next direction may depend on whether the markup clears and holds the breakout or stalls and returns price action to the $1.30 to $1.45 range. Committee approval would still require full Senate action, 60 votes, and reconciliation with the House before a targeted July 4 signing.

Read at 24/7 Wall St.