XRP News Today: Clarity Act Vote Leaves $XRP Price at a Crossroads

The Senate is set to vote on the Clarity Act on September 15, and that news is shaping the XRP price prediction for this week. XRP price today sits at $1.4231, up 1.69% in the last 24 hours.

Senator Cynthia Lummis confirmed the bill cleared the Banking Committee on a bipartisan 15 to 9 vote. She said the goal is to keep US leadership in digital asset rules before other countries take the lead.

That regulatory news lands right before the Fed's September 16 rate decision, giving traders back-to-back catalysts this week. Here's the latest XRP news today, along with what the charts say could come next.

Why Is XRP Up Today?

XRP is gaining despite a shaky mood across the wider crypto market. Rising oil prices tied to the US-Iran conflict have kept risk assets on edge.

Part of the answer lies in ETF demand. SoSoValue data shows XRP ETFs pulled in $1.55 million in inflows on September 8. XRP was the only fund among the top five by net assets to see money come in that day.

Whale activity also stands out. CryptoQuant data shows the XRP whale-retail spread jumped from 33% to 45.8%. That means large holders are trading far more actively than small retail wallets right now.

XRP Clarity Act News Today

The Clarity Act clearing committee is the biggest regulatory headline in XRP news today. Lummis framed the vote as a race against time, saying delays risk handing digital asset leadership to other countries.

The full Senate vote is set for September 15. A pass would mark a major step for crypto regulation and could add fuel to XRP's short-term price prediction. A delay could weigh on XRP price and the wider market instead.

XRP Fed News: Rate Cut Odds for September

The Fed meets September 16, one day after the Clarity Act vote. Rate data shows a 60.4% chance of a cut to 375-400 bps, down slightly from 63.2% a week ago. A 39.6% chance remains that rates hold at 350-375 bps.

A cut generally supports risk assets like XRP, since cheaper borrowing tends to push money into higher-risk trades. Combined with the Clarity Act vote, this makes mid-September a heavy news week for XRP.

XRP Whale Activity and On-Chain Signals

Futures volume jumped 29.22% to $4.11 billion, and open interest rose to $3.16 billion. The funding rate climbed from 0.0028% to 0.0093%, a sign that more traders want to open long positions.

Liquidations also lean bullish. Shorts lost $3.48 million over the past day, more than double the $2.08 million lost by longs. Exchange data backs this up: Binance shows a long/short ratio of 2.3025, OKX shows 2.31, and Binance's top traders lean even more long at 2.1706.

This kind of Ripple price forecast setup, where big traders skew long, often signals growing confidence.

Active addresses on the XRP Ledger spiked hard in late August, then cooled off. A crossover between the 7-day and 30-day moving averages appeared during that spike, a signal that has often come before a big price swing in either direction.

XRP Price Prediction: Key Levels to Watch

On the 4-hour chart, XRP is testing resistance near $1.4285, the 61.8% Fibonacci level. A close above this zone could open the door toward the $1.699 high from August 22, then the 161.8% Fib extension near $2.13. 

The 20-day EMA has also crossed above the 200-day EMA, a signal some traders read as long-term bullish.

The weekly chart tells a more cautious story, though. XRP has been rejected at the 50-week EMA near $1.52 for three straight weekly closes. It's also sitting just above the lower band of its weekly Gaussian Channel, a zone that has preceded major reversals in 2014, 2017, 2020, 2022, and 2024.

Chart analyst ChartNerd noted XRP has rallied 70% off its low, flipped bullish on the weekly Supertrend, and reclaimed the 20-week EMA. That mirrors the 2022 bottom, when XRP rallied 90% before stalling at the 50-week EMA and pulling back 45%.

If XRP can't clear the 50-week EMA, some analysts see a possible drop toward the $1.00 area by year-end. A firm weekly close above that EMA would be the clearest signal this downside case is off the table.

What This Means for XRP This Week

Two news events, the Clarity Act Senate vote on September 15 and the Fed rate call on September 16, sit right on top of a key technical level at the 50-week EMA. That mix of news and price prediction makes this a week worth watching closely, whichever way it breaks.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile and carry significant risk. Always do your own research and consult a licensed financial advisor before making investment decisions.