
"But "passes in May" can mean two very different things. Committee passage is the realistic May outcome and could unlock a short-term breakout. Full Senate passage in May-a much harder lift given the five working days before Memorial Day recess-would unlock something much bigger. Where the XRP price goes depends on which version of "May passage" plays out."
"The bill has five steps left before becoming law: a Senate Banking Committee markup, a 60-vote Senate floor vote, reconciliation with the Senate Agriculture Committee version (which passed January 29 on a party-line 12-11 vote), reconciliation with the House version that passed in July 2025, and a presidential signature. The first of those steps is what's moving this month."
"That said, a full Senate passage in May is a much harder ask. The Memorial Day recess starts May 21, leaving only five working days for the full Senate to act after a May 14 committee vote. Floor procedure typically takes two to three weeks. So, squeezing it in would require fast-tracking the bill with no senators objecting-and given the opposition still in play, that's not realistic."
"Since April 17, XRP has been forming a cup-and-handle pattern -a setup that often signals a breakout. The price is at $1.42 with the $1.45 wall directly overhead. The handle has held between $1.37 and $1.43, with the neckline at $1.50. Here are two scenarios the could be headed in May depending on the markup outcome."
“May passage” can refer to either Senate Banking Committee approval or full Senate passage. The bill has five remaining steps: Senate Banking Committee markup, a 60-vote Senate floor vote, reconciliation with the Senate Agriculture Committee version passed January 29, reconciliation with the House version passed in July 2025, and a presidential signature. Committee passage is the realistic May outcome and could enable a short-term breakout. Full Senate passage in May is harder because Memorial Day recess begins May 21, leaving only five working days after a May 14 committee vote, and floor procedure typically takes two to three weeks. XRP has formed a cup-and-handle pattern since April 17, trading around $1.42 with resistance near $1.45 and a neckline near $1.50. If committee passage breaks resistance, a move toward $1.70 to $2 is possible.
#xrp-price-analysis #clarity-act #us-senate-legislative-process #technical-analysis-cup-and-handle #memorial-day-recess-timeline
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