XRP Hovers Around $1.30 Ahead of Crucial Vote and Interest Rate Decision

XRP is trading near $1.36 after another volatile week, with buyers defending the $1.30 area while macro and regulatory risks keep the token below stronger resistance.

The Federal Open Market Committee (FOMC) meets on September 15 and 16, with a rate hike increasingly priced into markets. The key issue may be how the Fed describes the path for interest rates after September.

A rate increase with hawkish guidance could push short-term Treasury yields and the US dollar higher, adding pressure on XRP. A more balanced message could reduce some of that pressure and give buyers another opportunity to challenge $1.40.