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XRP hits 20-month low near $1.05 amid downtrend; key $1 level and Senate vote on CLARITY Act could shift its fate.

Technical Signals
26 Jun 2026
Crypto news
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Neutral
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XRP has fallen over 70% from its July 2025 peak of $3.66 to a 20-month low near $1.05, trading in a year-long downtrend marked by lower highs and lows. The critical $1 psychological level now defines its near-term outlook, with support at $0.85 and $0.70 if broken. Despite the price drop, institutional investors continue accumulating XRP via ETFs, creating a paradox of rising demand amid falling prices. The upcoming Senate vote on the CLARITY Act, which could classify XRP as a commodity and unlock billions in ETF inflows, is a major catalyst. XRP's next moves hinge on whether it holds $1, the outcome of the CLARITY Act vote, Bitcoin's price direction, and if institutional buying can counter the downtrend.

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