XRP Price Prediction – XRP Stalls at $1.31 With $1.91 Upside or $1.20 Downside in Focus

Highlights:

• XRP is range-bound, signaling a wait-and-see approach among investors.
• Traders are cautious amid uncertainty around a possible escalation or ceasefire in Iran.
• Upcoming SEC roundtable on the Clarity Act adds to market uncertainty. 

XRP (XRP), like the rest of the market, is relatively quiet today. When writing, XRP was trading at $1.31, down by 2.63% in the day. Trading volumes are also relatively stable intraday, down a negligible 8.89% to stand at $1.64 billion.

This shows that the average holder is not looking to sell, and that most people who would have panicked are already out of the market. It also means that new investors are choosing to wait on the sidelines for clarity in direction. The cautious approach is mainly driven by geopolitics and an important SEC roundtable later in the month. 

XRP Calm as Markets Await Developments In US-Iran War

On the geopolitical front, there is an uneasy calm between the US and Iran at the moment. Yesterday, April 6, markets rallied after news that several countries had tried to broker a 45-day truce between the two warring sides.

However, towards the end of the day, multiple reports indicated that Iran had rejected all the ceasefire proposals. This has triggered a situation of relative calm as the markets await to see whether Trump will make good his threat to obliterate Iranian energy infrastructure and bridges today.

"The Iranians look at this proposal from the point of view from a country that is not conceded defeat…or willing to surrender…"

Iran has put forward its 10‑clause plan after rejecting a US ceasefire proposal sent via Pakistani officials. Al Jazeera's Mohamed Vall reports. pic.twitter.com/callKxaael

— Al Jazeera English (@AJEnglish) April 7, 2026

There is also the risk of Iran reciprocating such attacks and putting the entire Middle East in darkness. If such attacks begin, markets could crash even further in the short term, especially for risk-on assets such as XRP. However, if the two sides continue the ongoing restraint until a ceasefire is agreed, risk-on assets could see more momentum. In such a case, XRP could push higher in the short term. A real end to the war, based on a concrete ceasefire, could send XRP rocketing to new highs in the short- to medium-term. 

Upcoming SEC Roundtable On CLARITY Also Holding XRP Price Back

Outside of geopolitics, the SEC will be holding a roundtable on the Clarity Act on April 16. If, from the roundtable, signals emerge that the Clarity Act could soon become reality, the cryptocurrency market could rally. That’s because it is expected that over $2 trillion will enter the market with this law in place.

🚨The CLARITY Act is in its final phase.

Banks are briefed.
Crypto firms are aligned.
A revised deal is on the table — decision expected late April.

It’s no longer if… it’s when.
And when it hits — capital moves fast. pic.twitter.com/SJOw21wzk5

— Skipper | XRPL (@skipper_xrp) April 6, 2026

Since institutional capital increasingly flows into the top altcoins. As such, if it passes, XRP would be among the cryptocurrencies that attract the most attention from institutional capital. This could see it rally to new highs in the short- to medium-term.

Leveraged Traders Choosing to Stay Away Until Uncertainties Reduce

Overall, until there is some movement on both the geopolitical and regulatory fronts, XRP will continue to trade in a stable range. That’s because leveraged traders may be unwilling to trade large amounts amid ongoing uncertainty. Recent price action triggered by the US President’s utterances has led to massive price moves in short periods. This has triggered multi-million-dollar liquidations, followed by continued range-bound trading.

The caution amongst leveraged traders is most evident in the CoinMarketCap sentiment tracker, which currently sits at fear. That said, XRP core fundamentals remain strong. Once many of the issues driving the market overhang pass, XRP could make a significant move to the upside.

Technical Analysis – XRP Price Loses Momentum After Breaching Critical Support

On 27 March, XRP broke through the $1.34 support. However, momentum failed, and XRP has since been consolidating below this support. If macro factors push bears into a momentum trade, a correction to $1.20 could follow.

If the macro environment improves and XRP bounces back above $1.34, a bullish reversal could send XRP rallying to $1.91 in the short term. Whichever of these two scenarios plays out largely depends on the rapidly evolving geopolitical landscape.