๐จ US Crypto Week May Fuel XRP Interest โ Is a Breakout Brewing? ๐ง
This week marks a turning point for crypto in the U.S., as the House of Representatives kicks off โCrypto Weekโ with major legislation on deck:
๐ณ๏ธ Bills Under Discussion:
CLARITY Act โ Clear regulatory rules for digital assets
GENIUS Act โ Framework for innovation in blockchain
Anti-CBDC Surveillance State Act โ Ban on Central Bank Digital Currency to protect privacy
House Financial Services Chair French Hill says the goal is bold:
> โTo make the U.S. the crypto capital of the world.โ ๐๐ฅ
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๐ก Why It Matters for XRP: Ripple stands to benefit directly from these developments:
Rippleโs USD-backed stablecoin RLUSD would thrive with stablecoin clarity
XRP could see increased demand via Ripple Payments Network expansion
Regulatory clarity removes long-standing overhang on Ripple Labs
House Rep Bryan Steil puts it simply:
> โA stablecoin framework + CBDC ban ensures the U.S. wins the Web3 race.โ
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๐ XRP Technical Picture
๐ Price currently pulling back after recent rally
๐ RSI dipping from overbought zone at 77 โ Sign of cooling momentum
๐ Key support:
50-day EMA near $2.34
March high at $2.47
May top at $2.65
๐ MACD remains in buy signal since June 28 โ the bulls arenโt out yet
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๐ Watch These Triggers:
๐ August 1 โ U.S. import tariffs kick in โ Possible macro market volatility
๐ If US lawmakers pass any of the crypto bills, XRP could surge on clarity
๐ A rebound above $2.80 could signal breakout continuation toward $3+
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๐ง Bottom Line: XRPโs short-term outlook hinges on U.S. legislative momentum.
This is more than hype โ itโs a regulatory reset moment.
Will XRP break out โ or fade into consolidation?
