Crypto
XRP Price Dips Amid Market Volatility, Clarity Act Uncertainty
The price of XRP has declined by nearly 8% over the past week, falling from around $1.47 on September 3 to approximately $1.35.
This drop comes amidst a broader downturn in the crypto market and heightened uncertainty surrounding the Clarity Act, which is set for a Senate vote next week.
To recover, XRP needs to hold onto its support zone of $1.34-$1.35; if it breaks below $1.30, the token may see prices dip towards $1.20.
XRP has been trading in a narrow range since August 22, struggling to surpass the $1.45-$1.52 area while buyers continue to defend support near $1.34.