XRP Whales Eye $1.25 Threshold Ahead of Crucial Regulatory Vote

The XRP price has stabilized in the $1.40, $1.45 range after a period of growth that briefly pushed it to $1.70.

As the market takes a temporary pause, analysts are focusing on the $1.25 level as a critical threshold for large investors.

According to TradingView and CryptoQuant data, the $1.25 mark serves as the main support zone on the weekly XRP chart, where the middle Bollinger Band and the 0.5 Fibonacci retracement level intersect.

The accumulation of positions by large holders, or 'whales,' around this price may be related to regulatory developments expected on Sept. 15, when the US Senate is scheduled to vote on the CLARITY Act.