XRP Price Stagnates Near $1.40 Ahead of CLARITY Act Procedural Vote

XRP is trading at $1.40, hovering just below the $1.42 resistance level as the U.S. Senate prepares for a procedural vote on the CLARITY Act. While daily chart indicators remain constructive, momentum on shorter timeframes has weakened. The upcoming vote is a procedural step to advance the bill, which requires 60 votes in the Senate. The legislation aims to establish a federal digital-asset market framework and includes revised ethics provisions regarding digital asset issuance by public officials.