XRP Price Faces Key Test at $1.25 Ahead of US Senate Vote

The XRP price has settled into a stable range between $1.40 and $1.45, but technical indicators suggest that the key pivot point for this cycle is actually $1.25.

This threshold marks the intersection of the middle Bollinger Band and the 0.5 Fibonacci retracement level on the weekly XRP/USD chart, which also corresponds to a crucial support zone.

According to TradingView and CryptoQuant data, large holders or 'whales' may view this price zone as a critical threshold for launching the second stage of accumulation ahead of the regulatory developments expected on Sept. 15.