XRP Eyes $1.50 as Senate Vote and Fed Decision Loom

XRP has been trading at around $1.42 on September 9, up roughly 38% from its August close and about 5.3% from its September 2 close.

The token's recent price action puts $1.50 within reach, but it still needs to break through a nearby resistance level of $1.4821 before reaching that target.

A successful Senate cloture vote on the CLARITY Act and a steady Federal Reserve interest-rate decision could give XRP room to extend its gains, while a rate hike or hawkish guidance from the Fed could make it harder for the token to break through its recent high.