Where Could XRP Price Go This September as CLARITY Act Nears?

XRP price is at $1.32, down 3% on the day as it is sliding back toward the lower end of its recent range. But the real question is whether this dip is a buying window before a regulatory catalyst, or the start of something uglier.
The pullback follows a failed attempt to hold gains from August’s rally toward $1.70, with XRP now down 7% over the past week. Ripple released 1 billion XRP from escrow on schedule and returned 700 million XRP back into escrow shortly after, a routine supply event, but one that always draws trader attention when the price is already soft.
Meanwhile, XRP Ledger activity tells a different story: cumulative transactions crossed 3 billion, with a 200% surge in on-chain volume even as spot price cooled off.
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