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Ripple’s native token XRP traded at $1.35 on April 11, posting a slight daily gain and a 3% rise over the week. Traders kept XRP near $1.35 as attention turned to a busy period for Congress and US crypto policy, with the CLARITY Act emerging as a key focus.
US Congress is scheduled to reconvene on April 13 after a two-week recess. Market participants are watching the date closely because the CLARITY Act may return to the agenda during the coming week. The Senate Banking Committee could also review changes to the bill before another vote takes place.
This process has kept XRP in focus because Ripple’s token has often reacted to US crypto policy developments and broader market sentiment tied to regulation.
Recent support for the CLARITY Act from financial officials, White House economists, and some lawmakers has increased expectations for heightened activity across digital assets. Traders said XRP could see stronger price swings if lawmakers move the discussion forward, noting that market reactions to policy headlines can be swift.
Alongside the policy watch, analyst EGRAG CRYPTO shared a new long-term outlook for XRP. The analyst said the chart structure suggests multiple possible targets across different time frames.
EGRAG wrote that the targets are “NOT random numbers” and described them as “harmonic targets from different scales.” The analyst listed a non-logarithmic measured move in the $4 to $7 range, along with larger expansion targets at $13 and $27.
The post also referenced a macro repricing case of $100 and a measured move of $225. EGRAG said that “$225 is TA… it’s a SYSTEM SHIFT bet,” placing the higher target in a separate category from the near-term projections.
Market attention has centered on the fact that even the lower end of the $4 to $7 range would require a sharp move from current levels. Commentary around the forecast said the framework is based on a broad multi-year structure rather than a short-term setup.
The post also pointed to similar past analysis by the same analyst, including a prior call that placed XRP at $27 by August 2027.
This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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