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XRP nears $1 as US Senate delays Clarity Act, sparking debate on buying opportunity.

Market News
08 Aug 2026
UToday
View Source
Bearish
XRP nears $1 as US Senate delays Clarity Act, sparking debate on buying opportunity.

XRP's price dropped to $1.02 after the US Senate postponed the Clarity Act vote until September 2026, causing uncertainty in the market. This delay has led to a sell-off, pushing XRP close to the psychological $1 level, which traders are watching closely as a potential buying zone. Technical indicators suggest a possible short rebound, but a further drop below $1 could test deeper support levels around $0.95 or even $0.66. Investors face a choice between viewing a price dip as a risk or a rare chance to buy XRP at a discount amid ongoing demand in global payments.

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XRP holds steady near $1.36 ahead of key Senate vote on crypto law and Fed rate decision this week.

XRP holds steady near $1.36 ahead of key Senate vote on crypto law and Fed rate decision this week.

XRP traded around $1.36 as investors awaited two major events: a Senate cloture vote on the CLARITY Act scheduled for September 15, requiring 60 votes to proceed, and the Federal Reserve's rate announcement on September 15-16, with a high chance of a...

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XRP could outperform Ethereum by 306% based on technical analysis of XRP/ETH ratio.

XRP could outperform Ethereum by 306% based on technical analysis of XRP/ETH ratio.

Crypto analyst Dark Defender projects that XRP could significantly outperform Ethereum, with the XRP/ETH ratio potentially rising about 306% from its current level. This forecast is based on an Elliott Wave technical pattern targeting a fifth-wave ex...

Analyst Insights
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17 hours ago
Machine learning forecasts XRP at $1.29 by Oct 2026, signaling a slight dip from current prices.

Machine learning forecasts XRP at $1.29 by Oct 2026, signaling a slight dip from current prices.

A machine learning model predicts XRP will trade at an average price of $1.29 on October 1, 2026, slightly down 3.61% from its current price of $1.34. Different AI models show varied forecasts, with the most bullish predicting $1.43 and the most bear...

Technical Signals
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XRP nears breakout with potential 20% gain amid tightening triangle pattern and key regulatory vote.

XRP nears breakout with potential 20% gain amid tightening triangle pattern and key regulatory vote.

XRP's price is consolidating within a tightening descending triangle pattern on the hourly chart, squeezing into a narrow $1.34–$1.36 range. This setup suggests a potential breakout soon, targeting a 20% rise to around $1.60 if key resistance levels ...

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