XRP Trades at $1.41 With a $1.43 Wall Overhead. Can It Break $1.50 Before the Fed Decides on September 16?
XRP is currently trading at $1.41, with a $1.43 resistance level that has been a barrier since August 27. The Federal Reserve's September 16 decision on interest rates and the Senate's September 15 vote on the CLARITY Act both carry significant weight for XRP's future price. The $1.43 level is where August buyers initially broke even, and $1.50 is the next round number.
If XRP breaks above $1.43 on volume, $1.50 becomes a viable target. However, a Fed rate hike coupled with the Senate vote's failure could push XRP down to $1.35. Despite a 39% gain over the past month, XRP is still down 23% from its January 1 valuation.
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