🚨 XRP is at a critical juncture again!
On September 15, the CLARITY Act vote may become the trigger point for the next market move?
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点击进入玖玖的粉丝群XRP is currently trading around $1.40 in a tight range, but over the coming week, the market may enter a very important time window.
Because on September 15, the U.S. Senate will hold a procedural vote on the CLARITY Act, and on September 16 immediately after that there is also the Federal Reserve’s monetary policy statement.
Two major events are almost back-to-back, so market volatility could noticeably increase.👀
From a technical perspective, what XRP truly needs to break through right now is the $1.50–$1.55 zone.
If it can regain and hold above this area, the market may shift its focus back to the prior high around $1.70, and even attempt to challenge higher levels.
But if the breakout fails, then $1.35–$1.31 is the lower support area that needs close attention.
What’s even more interesting is that although XRP ETF inflows have clearly cooled off, they haven’t turned negative.
As of the week of September 4, the U.S. spot XRP ETF still recorded about $18.96 million in net inflows, and it has already maintained net inflows for 8 straight weeks, bringing cumulative net inflows to roughly $1.66 billion.
This suggests institutional interest is still there—just that the pace of inflows has slowed significantly recently.
Meanwhile, CME’s XRP futures open interest has also risen noticeably, indicating that the market’s positioning and tug-of-war over XRP’s next move is heating up.
Of course, there’s also a very wild voice in the market right now.
Analyst Dark Defender believes that XRP’s current long-term technical structure shows similarities to the periods before some major runs in 2014 and 2017, and he has set a long-term target around $18.23.
That number is extremely aggressive, but I think the key point isn’t whether $18 can be reached or not.
What’s really worth watching is this: if the CLARITY Act progresses smoothly, and combined with continued ETF inflows, XRP’s market narrative could change even further.
However, none of these three conditions has been confirmed yet: whether the bill can secure enough votes, whether ETF funds can keep maintaining positive inflows, and whether XRP can truly break above $1.50–$1.55.
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#xrp #Ripple #CLARITY法案