XRP Falls -2.5% to 41.36: Can XRP Price Rebound This Week?
Ripple XRP trades at $1.36 as of September 1, down -2.5%, and the token is running out of room to disappoint. Down 21% from its August 22 peak of $1.7, the question hanging over trading desks isn’t whether XRP fell, as that’s settled; it’s whether Friday’s jobs data hands it a way back up.
US non-farm payrolls (NFP) data due this week is expected to show roughly 58,000 jobs added with unemployment holding near 4.1%, a print that would signal a soft landing and likely keep XRP range-bound between $1.4 and $1.7.
Bloomberg’s Chief US Economist Anna Wong has floated a weaker scenario, even flagging “a certain probability of recording negative growth,” which would change the calculus entirely. Layered on top: Ripple’s scheduled release of 1 billion XRP from escrow today adds a supply variable right as the market digests the jobs number.
Rate-sensitive assets don’t move in isolation, and XRP’s next leg likely hinges on whether the Federal Reserve’s mid-September decision leans dovish or hawkish. That macro backdrop is now colliding with a token-specific supply event, a combination worth unpacking before deciding where the range actually sits.
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