XRP falls to $1.30 after CLARITY Act failure; next test at $1.26
- —XRP fell 8.9% in a day and 9.4% in a week, low around $1.27
- —Procedural vote on the CLARITY Act failed 49-50, four Republicans opposed
- —RSI fell to 46.86, MACD gave a bearish crossover
- —Key support is the EMA cluster at $1.26-1.28, then $1.20 and $1.10-1.15
Why it matters: The bill's failure and expectations of a Fed rate hike weigh on XRP; a break below $1.26 would open the way to $1.20 and lower.
Source: Cryptonews.net