XRP price started a recovery wave above $1.3380 and $1.340. The price is now 
consolidating and might aim for a fresh move above $1.3550. XRP price started 
a recovery wave above the $1.340 zone. The price is now trading above $1.3380 
and the 100-hourly Simple Moving Average. There is a key bearish trend line 
forming with resistance at $1.3550 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move up if it settles 
above $1.360. XRP Price Holds Support XRP price remained supported above 
$1.3220 and started a recovery wave, like Bitcoin and Ethereum. The price was 
able to climb above $1.3350 and $1.340 to enter a short-term positive zone. 
There was also a move above the 38.2% Fib retracement level of the downward 
move from the $1.3963 swing high to the $1.3222 swing low. However, the bears 
are active near the $1.350 zone. There is also a key bearish trend line 
forming with resistance at $1.3550 on the hourly chart of the XRP/USD pair. 
The price is now trading above $1.340 and the 100-hourly Simple Moving 
Average. If there is a fresh upward move, the price might face resistance near 
the $1.3550 level and the trend line. The first major resistance is near the 
$1.360 level. A close above $1.360 could send the price to $1.3680 or the 
61.8% Fib retracement level of the downward move from the $1.3963 swing high 
to the $1.3222 swing low. The next hurdle sits at $1.380. A clear move above 
the $1.380 resistance might send the price toward the $1.3880 resistance. Any 
more gains might send the price toward the $1.40 resistance. Another Drop? If 
XRP fails to clear the $1.3550 resistance zone, it could start a fresh 
decline. Initial support on the downside is near the $1.3380 level. The next 
major support is near the $1.3220 level. If there is a downside break and a 
close below the $1.3220 level, the price might continue to decline toward 
$1.3120. The next major support sits near the $1.280 zone, below which the 
price could continue lower toward $1.2650. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. 
Major Support Levels – $1.3380 and $1.3220. Major Resistance Levels – $1.3550 
and $1.3680.

XRP Price Pressures Resistance, Bulls Eye Upside Break

A dispute over stablecoin rewards — not sweeping disagreements about crypto 
itself — is what&#8217;s holding up one of the most significant digital asset bills 
in US history. Related Reading: XRP Faces No Immediate Quantum Threat As Only 
0.03% Supply Seen At Risk: Analyst Banks And Crypto Firms Clash Over 
Stablecoin Yields At the center of the standoff is a narrow but contentious 
question: should third-party firms like Coinbase be allowed to pass stablecoin 
yields on to their customers? Banks say no, warning it could drain deposits 
from traditional financial institutions. Crypto companies say yes, arguing 
it&#8217;s essential to staying competitive. That single point of friction has 
stalled the CLARITY Act in the Senate for months, even as the Trump 
administration pushes hard for a vote. Treasury Secretary Scott Bessent went 
public Tuesday with a blunt message — Congress needs to move now, before 
Senate floor time runs out. According to reports, Bessent described the 
situation as urgent, saying &#8220;time is scarce, and now is the time to act.&#8221; He 
framed the legislation not just as a financial policy matter but as a national 
security concern, arguing that economic security and national security are one 
and the same. The U.S. Treasury Secretary is weighing in on the push to pass 
crypto market structure legislation in a new @WSJ op-ed.@SecScottBessent 
framed it as a national priority, saying “economic security is national 
security,” and argued the Clarity Act is the cornerstone to bringing… — 
Eleanor Terrett (@EleanorTerrett) April 9, 2026 Adoption Numbers Add Weight To 
The Push The case for urgency isn&#8217;t just political. Data shows that roughly 
one in six Americans already holds some form of digital asset. Major banks and 
financial institutions have either launched crypto-related products or applied 
to do so. Blockchain technology, according to Bessent, has worked its way into 
payments, settlements, and the trading of real-world assets at a scale that 
regulators can no longer ignore. The global crypto market swung between $2 
trillion and $3 trillion in value over the past year alone — a range that 
reflects both the size and the volatility of the industry. That backdrop gives 
the push for a regulatory framework added weight, especially as traditional 
finance continues to wade deeper into the space. Senator Cynthia Lummis joined 
Bessent&#8217;s call, saying the conditions for passing the CLARITY Act are as good 
as they&#8217;ve ever been. &#8220;We have the administration, the momentum, and we&#8217;ve 
made bipartisan progress,&#8221; she said. A Senate markup of the bill is expected 
sometime in April, though similar deadlines have slipped before. Related 
Reading: Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For 
Upgrades White House Study Adds Fuel To Banking Debate A White House analysis 
recently found that the risk of deposit flight from allowing stablecoin 
rewards is, by its own description, &#8220;quantitatively small.&#8221; Under the GENIUS 
Act framework, stablecoin issuers are barred from paying yields directly. The 
CLARITY Act, however, would open the door for third-party distributors to do 
it instead. Some banking members pushed back on the White House findings, 
arguing the analysis overlooked key funding risks beyond deposit levels. 
Featured image from Getty Images, chart from TradingView

Bessent Presses Congress On Crypto Rules As Senate Clock Ticks Down

However, it could cost users between $75 and $150 per transaction in GPU 
computing power, limiting its practical use.

Bitcoin can be made quantum-safe without a protocol upgrade: Researcher

Even when the DGFIP, France’s tax watchdog, has no way to verify the data 
submitted, the French National Assembly passed an article establishing that 
contributors should disclose funds over 5,000 € held in self-custody, 
affecting wallets like Metamask, Phantom, and even Ledger. Key Takeaways: The 
French National Assembly passed a bill forcing users to report […]

France Advances Law Mandating Self Custody Funds’ Disclosure

Ethereum price extended gains above $2,250 before it started a downside 
correction. ETH is now consolidating above $2,120 and might aim for a fresh 
increase. Ethereum started a decent upward move above the $2,220 zone. The 
price is trading above $2,180 and the 100-hourly Simple Moving Average. There 
is a declining channel forming with resistance at $2,225 on the hourly chart 
of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it 
stays above the $2,140 zone. Ethereum Price Holds Uptrend Support Ethereum 
price remained stable above $2,165 and started a decent upward move, like 
Bitcoin. ETH price climbed above the $2,180 and $2,220 resistance levels. The 
bulls pumped the price above $2,250. A high was formed at $2,273 before the 
price started a downside correction. The price dipped below $2,220. There was 
a spike below the 50% Fib retracement level of the upward move from the $2,060 
swing low to the $2,273 high. Ethereum price is now trading above $2,180 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,140, the price could attempt another increase. Immediate resistance is seen 
near the $2,200 level. The first key resistance is near the $2,225 level. 
There is also a declining channel forming with resistance at $2,225 on the 
hourly chart of ETH/USD. The next major resistance is near the $2,265 level. A 
clear move above the $2,265 resistance might send the price toward the $2,320 
resistance. An upside break above the $2,320 region might call for more gains 
in the coming days. In the stated case, Ether could rise toward the $2,400 
resistance zone or even $2,450 in the near term. Another Decline In ETH? If 
Ethereum fails to clear the $2,225 resistance, it could start a fresh decline. 
Initial support on the downside is near the $2,165 level. The first major 
support sits near the $2,140 zone or the 61.8% Fib retracement level of the 
upward move from the $2,060 swing low to the $2,273 high. A clear move below 
the $2,140 support might push the price toward the $2,110 support. Any more 
losses might send the price toward the $2,060 region. The main support could 
be $2,020. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing 
momentum in the bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below 
the 50 zone. Major Support Level – $2,140 Major Resistance Level – $2,225

Cryptocurrency price in SEK