XRP Price Slumps Amid Market Pressures and Clarity Act Vote
The XRP price has dropped by nearly 8% in the past week, falling from $1.47 on September 3 to around $1.35 due to broader market pressures and anticipation of next week's Senate vote on the Clarity Act.
The key question for XRP is whether it can hold onto its current support zone between $1.34 and $1.35, or risk a break below $1.30 that could put $1.20 in focus.
On the upside, reclaiming $1.40 and maintaining above it would improve the short-term outlook, while moving above $1.52 would signal a stronger recovery.