Fading Momentum Leaves XRP Price Trapped Near $1.40

XRP is trading at $1.40, with the price sitting just below the $1.42 resistance level as the Senate prepares for a procedural vote on the CLARITY Act.

The setup highlights a clear tension: the daily chart remains cautiously constructive, while momentum on shorter timeframes has faded.At $1.40, XRP is close to its daily pivot and caught between nearby support and price resistance.

Daily indicators show that the structure has not broken, but intraday readings point to a market that has yet to establish a decisive direction.The scheduled vote is procedural rather than a final decision on whether the CLARITY Act becomes law.

It concerns the bill’s path through the Senate and is separate from subsequent legislative steps that would be needed for a final federal framework.Senate Republicans released a revised, 630-page draft ahead of the September 15 vote.