XRP Price: $1.35 Support, a Senate Showdown, and a Fed Hike - XRP’s Big Week Explained
TLDR
- XRP traded near $1.35–$1.36 on Monday ahead of two major events this week
- The Senate votes on the CLARITY Act cloture on September 15, requiring 60 votes to proceed
- President Trump met with advisers Friday to discuss ethics language in the crypto bill
- The Fed announces its rate decision Wednesday, with a 90% chance of a quarter-point hike
- XRP resistance sits at $1.37–$1.40, with support at $1.33 and the 200-day EMA near $1.354
XRP was trading around $1.36 on Monday, holding above its key moving averages as traders watched two major events approaching this week. Bitcoin sat near $77,000, Ethereum near $2,490, and Solana close to $100.
The week’s first catalyst is a Senate procedural vote on the CLARITY Act, scheduled for September 15 at 2:15 p.m. ET. This is a cloture vote — meaning it only opens the door to debate, not a final law. It requires 60 votes to pass, and Republicans hold just 53 seats, meaning they need at least seven Democrats on board.
Crypto Rover, a well-known crypto analyst on X, posted about the meeting: “BREAKING: President Trump reportedly met with advisers to discuss the CLARITY Act ahead of Tuesday’s crucial Senate vote.” The post drew wide attention as traders weighed the political outcome.
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