XRP Soars 9.4% as Resistance Zone Looms
XRP's price surged by 9.4% to $1.46 after breaking above a short-term downtrend, with the cryptocurrency holding onto key support level of $1.36.
The next target price for XRP is $1.54, but it needs to break through the long-term resistance zone between $1.50 and $1.80 to confirm a larger uptrend.
Three key events in September could impact XRP's price: the XRPL 3.3.0 version upgrade on September 11, the Senate vote on the CLARITY Act on September 15, and the Federal Reserve's interest rate decision on September 16.