U.S. Voters Show Bipartisan Support for CLARITY Act Ahead of Senate Markup
- Voter Support: A recent HarrisX survey revealed that 52% of U.S. voters back the CLARITY Act, indicating a strong consensus on crypto regulation, which could significantly influence electoral choices ahead of the upcoming Senate Banking Committee markup.
- Bipartisan Impact: The poll found that 47% of respondents would consider voting for a candidate outside their party if they supported the legislation, with this figure rising to 72% among crypto users, highlighting the potential electoral impact of crypto policy.
- Legislative Progress: The Senate Banking Committee is expected to markup the CLARITY Act during the week of May 11, with Chair Tim Scott indicating that bipartisan consensus is nearing after previous delays, signaling positive momentum for the legislation.
- Urgency of Action: Ripple CEO Brad Garlinghouse warned that failure to advance the bill within the next two weeks could jeopardize its chances in the 2026 midterm elections, emphasizing the need for timely action before campaign pressures escalate.
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Technical Analysis for CC
Technical Sentiment Analysis for Canton Network (CC). As of , Canton Network (CC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, CC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Canton Network (CC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.119 | 0.131 | 0.141 | 0.154 | 0.164 | 0.177 | 0.186 |
| Fibonacci | 0.131 | 0.14 | 0.145 | 0.154 | 0.163 | 0.168 | 0.177 |
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