XRP Price Prediction: New Crypto Bill Could Give XRP the Same Legal Status as Bitcoin – What Happens If It Passes?

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Alejandro Arrieche

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Alejandro Arriechebitcoins Verified

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Dec 2024

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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has…

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A new draft of the Clarity Act in the United States could be a game-changer for XRP, potentially classifying it alongside Bitcoin (BTC) and Ethereum (ETH) as a non-security asset.

This shift would mark a major regulatory win for XRP and strongly support a bullish XRP price prediction, as it clears the way for greater institutional adoption.

However, this new piece of legislation would give them “non-ancillary” status, meaning that they will get the same treatment as BTC and ETH.

All tokens that have gotten their own exchange-traded product (ETP) will enjoy this treatment. Although this does not have an immediate impact on the price of XRP, it does provide further regulatory clarity for institutions that want to embrace cryptos and include them in their portfolios and treasury strategies.

Bitcoins XRP Price Prediction: The 200D EMA Is The Key Resistance to Watch

Wall Street’s interest in XRP has been accelerating ever since the first ETF linked to this token was launched in the U.S. Data from SoSoValue shows that these funds have pulled in over $1.5 billion in assets in just a couple of months.

bitcoins xrp price chart
Source: TradingView

XRP booked a strong gain yesterday after 7 consecutive days of losses. The daily chart shows a clear rejection of a move above the 200-day exponential moving average (EMA), making this the key resistance to watch if the price keeps rising.

A move above this line could push XPR back to $3.20. The Relative Strength Index (RSI) just hit the 14-day moving average and, depending on what the oscillator does next, it will confirm the price’s future trajectory.

Meanwhile, the token may still drop to $1.95 if bearish momentum gains traction.

Investors are increasingly paying attention to new projects and top crypto presales like Bitcoin ($HYPER) as institutional adoption accelerates. With more than $30 million raised in a short period, this Solana-based layer-2 chain for BTC seems to have popped up on their radar already.

Bitcoins Bitcoin Hyper ($HYPER) Helps BTC Holders Earn Passive Income Easily and Safely

Bitcoin Hyper ($HYPER) is opening the door for Bitcoin holders to finally earn yield, stake, and access DeFi without ever leaving the Bitcoin network.

Built as a side chain using Solana’s high-speed architecture, Bitcoin Hyper lowers fees and boosts transaction speeds, solving the biggest barrier to Bitcoin’s growth beyond store-of-value.

For the first time, BTC holders can tap into DeFi apps, payment platforms, and meme coin launchpads directly through Bitcoin Hyper, unlocking real utility and passive income on the world’s most secure blockchain.

bitcoins bitcoin hyper crypto presale

As more people begin using this new Layer-2, demand for its native token $HYPER is expected to grow rapidly.

That’s why the project has already raised $30.50 million in record time, with early investors jumping in before momentum hits full speed.

To buy $HYPER at the discounted presale price, simply head to the official Bitcoin Hyper website and link up a compatible wallet (e.g. Best Wallet).

You can either swap USDT or SOL for this token or use a bank card instead.

Visit the Official Bitcoin Hyper Website Here


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