XRP, the fourth-largest cryptocurrency, is now trading around $1.39 as May begins, on a bullish note. With the CLARITY Act approaching, investors are now watching closely for the next move.
As the overall crypto market is also moving upward, with a total market cap sitting at $2.64 trillion, largely driven by Bitcoin’s recent breakout.
Will XRP see a breakout in May?
The CLARITY Act, which passed the House with a strong 294–134 vote in July 2025, has been stuck in the Senate Banking Committee since then.
The earliest it can move forward is the week of May 11, with the May 21 Memorial Day break acting as a key cutoff. If this window is missed, the midterm election schedule could delay the bill further.
Some senators have warned that if the bill does not pass the Senate by the end of May, the next real chance may not come until 2030.
The bill is also important for XRP. Right now, XRP’s commodity status comes from a joint SEC and CFTC opinion, not a law. The CLARITY Act would make this status official in federal law, meaning it cannot be easily changed later.
On the ETF side, XRP ETFs led the entire sector last week, pulling 53% of the $224 million that flowed into crypto funds globally. That’s already significant institutional interest, and it’s happening before the bill is even signed.
Looking at past data, XRP has been strong in May, with an average return of around 23% over the last decade. This makes it one of its best months of the year.
This time, the setup also looks positive. XRP has already moved above its April high with a 2% gain early in May, showing early strength.
The overall crypto market is also improving, led by Bitcoin’s recent breakout, which usually supports altcoins like XRP.
XRP is showing a strong recovery as it regains upward momentum on the chart. The chart highlights a symmetrical triangle pattern, where the price is getting squeezed between support and resistance.
According to analyst Ali Martinez, this setup often leads to a strong move. Based on the pattern, XRP could see a 26% price move once it breaks out.
Right now, the key levels to watch are $1.40 as support and $1.5 as resistance. This range is acting like a no-trade zone, as the price can move up and down quickly without a clear direction.
If XRP breaks and closes above $1.45, the next target could be around $1.82. On the downside, if it drops below $1.35, the price may fall toward $1.00.
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