Market analyst Sam Daodu has outlined three possible paths for XRP over the next two weeks, arguing that the outcome hinges on near-term movement in Washington on the U.S. crypto market structure bill known as the CLARITY Act. With a narrow April window for Senate action, he says XRP could either extend its months-long consolidation or break out of its trading range. At press time, XRP was trading around $1.33.
Regulatory Timeline In Focus
Daodu expects some form of resolution on the CLARITY Act before the end of April. He notes the Senate Banking Committee has roughly two weeks to schedule a markup before midterm election dynamics begin to dominate the calendar, creating what he views as a compressed period for progress.
The analyst argues that how this window develops will likely determine XRP’s near-term direction. XRP is the native token of the XRP Ledger, a blockchain designed for fast cross-border payments.
Range-Bound Trading And Key Levels
According to Daodu, XRP has largely traded between approximately $1.28 and $1.45 for most of 2026. He identifies $1.45 as a pivotal resistance level, estimating that about 60% of the circulating supply was acquired near that price, creating a dense zone of potential “break-even” selling. If that level is cleared, he cites $1.60 as a subsequent upside target. On the downside, he views $1.28 as key support.
Three Scenarios For The Next Two Weeks
1) Bullish: Markup Scheduled Before May
- If the Senate Banking Committee sets a markup date before May, Daodu expects XRP to push higher into the event.
- He suggests that if the bill ultimately passes, inflows to XRP exchange-traded funds could increase by an estimated $4–$8 billion on top of roughly $1.2 billion he says spot ETFs have already attracted.
- Technical checkpoints: a test of $1.45 resistance, followed by a potential move toward $1.60 if that barrier is cleared.
2) Base Case: Constructive Talks, No Markup Date
- If upcoming U.S. Securities and Exchange Commission roundtables, including one on April 16, are constructive but no markup is set, Daodu expects XRP to remain range-bound.
- He anticipates any lift from the April 16 event would likely be short-lived without a firm legislative catalyst.
- Expected April finish: between $1.30 and $1.40, a modest improvement versus March’s $1.33 close but not a decisive breakout.
3) Bearish: Markup Slips Beyond May
- If a markup is delayed past May and the market interprets the holdup as more than temporary, Daodu warns of downside risk.
- He highlights potential external pressures, noting the ceasefire is set to expire on April 22 and recent diplomatic talks in Islamabad reportedly collapsed; a resurgence in tensions and oil above $110 could add stress.
- In this scenario, XRP could lose support at $1.28 and slide toward $1.15—about 13% below current levels.
Outlook
With XRP hovering near $1.33, Daodu’s framework places the emphasis squarely on the Senate’s April calendar. Whether the CLARITY Act advances, stalls, or remains ambiguous may dictate if XRP extends its 2026 consolidation or attempts a break from its established range. Regulatory developments remain pending.