Final Proposal for Clarity Act Submitted, Bitcoin and Crypto Assets Rise

The submission of the final proposal for the Clarity Act can be seen as a positive step for the cryptocurrency sector by reducing regulatory uncertainty. COIN stock closed at 175.18, down 3.1% in the last 24 hours, with an RSI of 45, indicating a neutral zone. The MACD is negative but above the signal line, suggesting weakening downward momentum. The price is trading just below the SMA20 and below the SMA50, indicating that resistance levels could be surpassed in the short term. Although the news is positive, the market reaction may be limited; a slight upward movement can be expected within 1-3 days, but the overall trend remains weak.

The submission of the final proposal for the Clarity Act could create a positive atmosphere in the short term by reducing regulatory uncertainty for crypto assets. The BTC price is trading at 77,720, just above the SMA20 and SMA50, which technically supports a slight upward trend. The RSI is at 60, not yet approaching overbought territory, while the MACD indicates positive momentum above the signal line. However, the impact of the news may be limited; the market may have already priced in some optimism. Nevertheless, in the 1-3 day horizon, an upward movement appears more likely.

The submission of the final proposal for the Clarity Act reduces regulatory uncertainty in crypto assets, creating a positive atmosphere. The ETH price has increased by 0.98% in 24 hours to $2518, slightly above the SMA20, with short-term momentum positive. The RSI at 56.8 is far from overbought territory and above the MACD signal line, supporting the bullish trend. However, the SMA50 at $2512 remains a nearby resistance; the news impact may be limited. In the 1-3 day outlook, a moderate upward movement is expected, but it is prudent to be cautious without volume confirmation.

XRP is trading at 1.3853, up 2.76% in 24 hours, and is holding just above its 20-day and 50-day simple moving averages. Although the RSI at 64.4 is approaching overbought territory, it has not yet generated a weakness signal; the MACD is above its signal line and positive. The submission of a final proposal for the Clarity Act could reduce uncertainty around US crypto regulations and support short-term risk appetite. However, the possibility that the news is already priced in and the elevated RSI suggest limited upside potential. Support should be monitored at 1.36, with resistance at 1.42.