XRP (CRYPTO: XRP) is trading at $1.35 as regulatory momentum picks up amid fresh capital flowing back into XRP investment products. The CLARITY Act is gaining serious traction in the Senate, and the broader crypto market is recovering from the extreme fear that dominated Q1.
After a rough start since January’s spike to $2.40, every XRP rally attempt has been rejected at the $1.40-$1.50 range. XRP investors are now watching to see if the conditions will improve enough to spark a breakout. With several catalysts converging in April, here is our take on whether XRP is a good buy at $1.35.
What is Driving XRP’s Price Momentum Right Now?
A few things are currently driving XRP’s momentum in April. Below are the three key factors supporting XRP’s recovery.
The CLARITY Act
The push for the CLARITY Act is now a major talking point in the crypto market and one of XRP’s biggest drivers. The U.S. Treasury Secretary and the heads of the SEC and CFTC are strongly backing the bill and calling on Congress to move things quickly. Q1 saw the Senate tied up in two approval meetings in January and March due to disagreements about stablecoin yields, but those tensions are starting to ease.
A recent report by the Council of Economic Advisers has revealed that banning stablecoin yield barely affects banks. The White House recently reached a consensus on the issue, which explains why Coinbase’s CEO is now on board. Right now, the CLARITY Act’s approval chances have significantly improved. All eyes are on the Senate Banking Committee’s discussion and markup for the bill after discussions resume on April 13. Many expect the CLARITY Act to pass soon, with Polymarket traders now pricing passage at around 55%.
Growing Interest
As regulatory clarity improves, institutional interest in XRP products is gaining ground. CoinShares reported that net inflows on ETFs, Trusts, and ETPs recently reached $119.6 million. This brought XRP’s year-to-date inflows to around $159 million, representing roughly 7% of total assets under management. In fact, XRP’s weekly inflows amounted to 53% of all crypto funds, and its strongest weekly inflows since December 2025.
Moreover, cumulative ETF inflows are currently above $1.2 billion, with total net assets around $955 million according to SoSoValue. Even with occasional outflows, the inflow pattern shows that buyers are still entering XRP products despite the price decline in Q1.
U.S.-Iran Ceasefire Agreement
The two-week ceasefire agreement between Iran and the U.S. has supported XRP’s push above $1.35, but the deal is shaky. Israel’s latest strike in Lebanon and tensions around the Strait of Hormuz have weakened the effects of the ceasefire.
If the ceasefire holds and oil tankers resume operations, a drop in oil prices would ease the macro pressure that has been weighing on the entire crypto market. If Bitcoin keeps rallying on the back of that, XRP and other cryptocurrencies would likely follow.
Where XRP Could Be Headed From $1.35
Based on current market conditions, XRP’s price prediction can be broken down into three possible scenarios:
Bullish Prediction: $1.60-$2.80
If the CLARITY Act advances as the Senate resumes discussions and the U.S.-Iran ceasefire holds, XRP could break above $1.60. But to achieve this outcome, the crypto must first clear the $1.45-$1.50 resistance levels. And if regulatory and geopolitical factors remain favorable in the long-term, XRP can realistically hit Standard Chartered’s $2.80 prediction before year end.
Base Prediction: $1.35-$1.40
This scenario could play out if the push for the CLARITY Act stalls and the U.S-Iran ceasefire escalates again. This would weaken the market sentiment and cause XRP to trade within $1.35 and $1.40. XRP would re-enter the consolidation phase, which it has been attempting to break out from since Q1.
Bear Prediction: $1.30-$1.15
If the U.S.-Iran ceasefire stalls, and the CLARITY Act fails to reach the Senate by May, XRP could fall to $1.30 or lower. And if it fails to hold the support at $1.30, XRP could further drop toward $1.15.
Is $1.35 Actually a Good Entry for XRP Right Now?
The events coming up in the next few weeks will decide XRP’s price direction. If the CLARITY Act moves quickly through the Senate and geopolitical tensions remain stable, XRP could push beyond key resistance levels and break above $1.60. In this case, an entry at $1.35 would be a good position to capitalize on the market momentum and recoup losses from Q4 2025 and Q1 2026.
The CLARITY Act markup schedule is the most important trigger to watch. A confirmed markup date alone would likely move the XRP price before the vote even happens. So, keeping an eye on the Senate Banking Committee after April 13 is more important than watching XRP’s daily chart. On the other hand, delays in the CLARITY Act approval and worsening geopolitical tensions could leave XRP stuck below $1.35, and that could potentially push it lower toward $1.15.
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