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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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