Crypto analyst Oscar Ramos (@realOscarRamos1) has been watching XRP closely. He recently posted that the asset has spent 121 days consolidating before what he expects to be a “MAJOR Breakout,” with the CLARITY Act as the key catalyst.
The chart attached to his post tells a clear story. After a flash crash in early February, XRP entered a prolonged consolidation phase. Price action compressed between roughly $1.25 and $1.55, and all attempts to push higher have been stopped. At the time of posting, XRP trades at $1.3447, down -35.68% from its cycle highs.
So far, 121 days of $XRP Consolidation before a MAJOR Breakout led by Clarity Act. pic.twitter.com/H1zuSNKBVA
— Oscar Ramos (@realOscarRamos1) May 31, 2026
What the Chart Shows
The chart shows a descending resistance line cutting through recent highs, pressing XRP’s price lower. XRP has repeatedly held support without breaking down. The February flash crash reset the market, and since then, XRP has been coiling within this range.
Ramos identifies 121 days of that behavior as meaningful. He believes that once the CLARITY Act brings full regulatory clarity to the market, the consolidation will give way to a major breakout.
The CLARITY Act’s Progress
The Digital Asset Market Clarity Act has made real progress in 2026. The Senate Banking Committee voted 15-9 to advance the bill in May, marking a critical step toward a comprehensive regulatory framework for crypto market participants.
Markets reacted immediately after the committee vote. Bitcoin climbed to $81,965, and XRP’s brief rally above $1.50 aligned with the market’s momentum. However, this surge was short-lived because the bill still has ground to cover. It must be merged with a version already approved by the Senate Agriculture Committee, and a conflict-of-interest provision remains unresolved before a full Senate floor vote can take place.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
What’s Next for XRP?
Full Senate passage would represent the most significant regulatory development in U.S. crypto history. A presidential signature from Trump would follow, converting years of regulatory ambiguity into a defined legal framework. XRP already has full legal clarity with the SEC, and this bill further reinforces its status.
The chart shows XRP holding within the structure despite the pullback from $1.50. The consolidation Ramos identifies has not broken down. Price remains above the February lows. If the CLARITY Act clears the full Senate and reaches Trump’s desk, XRP’s 121-day base could serve as the foundation for a significant move toward much higher levels.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on X, Facebook, Telegram, and Google News
