XRP Price Rebounds by 9.4%, Faces Resistance Ahead of Key September Events

XRP's price surged by 9.4% to $1.46 after breaking above a short-term downtrend line, reaching one of its largest single-day gains in recent history.

The cryptocurrency still faces resistance from the long-term zone between $1.50 and $1.80, which has been holding back its upward momentum for several months.

XRP's fundamentals have been strengthening throughout 2026, with Ripple receiving a full Crypto-Asset Service Provider (CASP) license from Luxembourg in August under the EU's MiCA framework.

Several key events are scheduled to take place in September that could impact XRP's price: an XRPL upgrade on September 11, a Senate vote on the CLARITY Act on September 15, and the Federal Reserve's interest rate decision on September 16.