XRP traders are heading into a busy week. The token is still trading near $1.44 after recovering from a softer stretch. Price action looks calm on the surface, but several events could shake things up. The CLARITY Act vote is drawing attention from the XRP community. The Federal Open Market Committee meeting and new U.S. inflation data are also on the calendar. Together, they may shape risk appetite across crypto.
Price Structure Remains Above Key Averages
XRP remains above its 20-day EMA at $1.3647, its 50-day EMA at $1.2659, and its 200-day EMA near $1.3553. That keeps the broader setup leaning positive, though not aggressively so. Immediate resistance sits between $1.45 and $1.50. A daily close above that band would give buyers more room. The next major level is $1.5459, which aligns with the 0.786 Fibonacci resistance. If XRP clears that, $1.60 and $1.70 come into view. On the downside, $1.40 to $1.41 is the first area to watch. A drop below $1.355 to $1.343 would weaken the current structure.
Derivatives Show Less Conviction
Open interest tells a more careful story. It surged above $10 billion during the July rally, but it fell sharply as XRP weakened. By September 7, open interest was near $3.13 billion. That is a big drop from the earlier peak. Fewer large positions can lower liquidation risks, yet it also suggests traders are less convinced about the next move. Spot flows offer a slightly better signal. Outflows dominated from November to February, but flows became more balanced from March onward. By September 9, XRP saw a $7.32 million net inflow. That hints buyers may be returning, though one day of data is not enough to confirm a trend.
CLARITY Act and Macro Data Draw Focus
The CLARITY Act has become a key talking point before September 15. Supporters argue it could clarify how the SEC and CFTC divide oversight of digital assets. That discussion has spread across X and Reddit. Still, the vote is not the only event that matters. The FOMC meeting and CPI report could move the dollar, Treasury yields, and broader risk demand. If inflation data shifts rate expectations, crypto may react quickly.
What Comes Next for XRP
For now, XRP sits in a pivotal range. Buyers need to defend $1.40 to $1.41 and push through $1.50. A clean break could open $1.5459, then $1.60 and perhaps $1.70. If $1.40 fails, XRP may test the 20-day EMA at $1.3647. A break under $1.355 to $1.343 would turn the outlook cautious. The week ahead may decide whether the current calm turns into a breakout or another pullback.
