XRP is trading at $1.3092 on April 4, 2026, after experiencing a 27% drop in Q1 2026 despite gaining SEC commodity status, Goldman Sachs buying XRP ETFs, and Mastercard adding Ripple to its payments network. The token is testing the lower edge of a descending channel after its worst quarter in eight years.
The upcoming CLARITY Act Senate committee deadline in late April is crucial for XRP's potential recovery, with a 63% chance of it becoming law in 2026 according to Polymarket. Galaxy Digital's Alex Thorn warns that if the bill misses the April window, it is likely dead for 2026. Technical analysis shows key support levels at $1.3000 and $1.2698, while resistance levels are at $1.3500 and $1.3666.
Ripple received conditional OCC National Trust Bank approval on April 1, allowing it to hold client assets under federal rules, but XRP still fell 2.5% that day. Most analysts expect XRP to trade between $1.00 and $1.50 if the CLARITY Act does not progress, with a risk of dropping to $0.80 if the broader market worsens.
