Will XRP Price Hold Key 2024 Support Level as CLARITY Act Enters Pivotal Week?

By Coingapestaff

Will XRP Price Hold Key 2024 Support Level as CLARITY Act Enters Pivotal Week?

XRP's price has dropped to test a key 2024 support level after a 35% crash over the past three months, driving bearish sentiment among traders with negative funding rates signaling a surge in short positions. This occurs as the CLARITY Act enters a pivotal week that could shift the US crypto regulatory landscape. Traders are monitoring whether XRP can hold this support amid ongoing market pressures.

Not financial advice. Do your own research before making investment decisions.

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