XRP is facing its toughest test yet The current price of $XRP is $1.03, marking its worst weekly performance since 2024 after it broke an important multi-year psychological support level. This is a crucial time for the asset, given that the Clarity ACT is on pause and ETF

What happened

XRP fell to $1.03, its lowest weekly price since 2024, after breaking a long‑standing psychological support level.

Confirmed

Global impact / market context

The drop tests investor confidence because the Clarity ACT, a regulatory decision that could affect XRP’s legal status, is paused and a related exchange‑traded fund (ETF) has not yet launched.

Analyst inference

With the regulatory environment uncertain and no ETF support, traders may view XRP as riskier, potentially prompting sell‑offs in other crypto assets that rely on similar approvals.

Analyst inference

What to watch

1. Whether the Clarity ACT resumes, which would clarify XRP’s legal standing and could restore price support. Proposed
2. The filing or approval of an XRP‑linked ETF, which could bring new institutional demand and lift the price. Proposed
3. XRP’s price reaction to the next major support level, indicating whether further downside pressure or a bounce is likely. Proposed

Affected assets

• XRP — XRP
• ACT — Act I The AI Prophecy

Evidence

• x.com