XRP Could Reclaim $1.70 If U.S. Crypto Bill Brings Positive

News

XRP is approaching another major test as the U.S. Senate prepares to vote on the CLARITY Act. A positive outcome could improve sentiment around XRP and potentially give bulls the momentum needed to challenge the $1.70 area, although the move is far from guaranteed.

Why $1.70 Matters for XRP

XRP recently climbed toward $1.70 before correcting sharply. The token is now trading closer to the $1.30–$1.40 region, making $1.40 an important near-term level and $1.50–$1.70 the main resistance zone above it.

A sustained move above $1.50 could put $1.70 back into focus. However, XRP would need stronger buying pressure and favorable broader-market conditions to reach that level.

CLARITY Act Could Be the Next Catalyst

The U.S. Senate is expected to hold a procedural vote on the CLARITY Act on September 15. The bill needs 60 votes to advance and is designed to provide clearer regulatory boundaries for digital assets, including the respective roles of the SEC and CFTC.

For XRP, regulatory clarity could be particularly important because institutional investors have continued increasing exposure through U.S. spot XRP ETFs.

A positive Senate development could therefore improve sentiment across the XRP market.

XRP ETF Demand Remains Strong

U.S. spot XRP ETFs have continued attracting capital despite XRP's recent pullback.

The funds accumulated approximately $1.68 billion in net inflows since launching, while an earlier 11-session streak brought in around $170 million.

More recent data shows cumulative inflows have moved above $1.70 billion, although daily flows have moderated.

This creates an important divergence: institutional demand remains relatively resilient while XRP's spot price has struggled to maintain its August highs.

Fed Decision Adds Another Risk

The CLARITY Act isn't the only major catalyst.

The Federal Reserve is scheduled to announce its latest interest-rate decision on September 16, one day after the Senate's CLARITY Act vote.

Markets have recently increased expectations for a 25-basis-point rate hike following stronger-than-expected inflation and higher oil prices. Reuters reported that several major banks, including Goldman Sachs and JPMorgan, now expect a September hike.

A hawkish Fed could limit XRP's upside even if the crypto legislation receives positive news.

XRP Key Price Levels

Level	Importance
$1.70	Major resistance / bullish target
$1.50	Key psychological resistance
$1.40	Near-term recovery level
$1.30–$1.35	Important support
$1.20	Deeper downside support

Recent technical analysis identifies $1.30–$1.35 as an important support range, while $1.50 and $1.70 remain major upside barriers.

Bullish Scenario

A stronger bullish setup could develop if:

• The CLARITY Act advances through the Senate.
• XRP reclaims $1.40.
• Buyers push XRP above $1.50.
• ETF inflows remain positive.
• Bitcoin and the broader crypto market stabilize.

Under that scenario, $1.70 becomes a realistic technical level to watch.

A decisive break above $1.70 could potentially open the door toward $2, although that would require substantially stronger momentum.

Bearish Scenario

The bullish thesis would weaken if XRP loses the $1.30–$1.35 support zone.

A hawkish Fed combined with a disappointing CLARITY Act vote could increase selling pressure and potentially push XRP toward $1.20.

This is especially relevant because XRP has already experienced a significant correction from its August high.

What Investors Should Watch

The next few days could be critical for XRP:

1. ???????? CLARITY Act procedural vote — Sept. 15
2. ???? Federal Reserve decision — Sept. 16
3. ???? XRP's ability to reclaim $1.40
4. ???? Breakout above $1.50
5. ???? Retest of $1.70
6. ???? Continued XRP ETF inflows
7. ₿ Bitcoin's reaction to the Fed decision

FAQ

Can XRP reach $1.70?

It is possible if XRP regains $1.50 and receives support from positive U.S. regulatory developments and broader crypto-market strength. However, $1.70 remains a resistance level, not a guaranteed target.

Why is the CLARITY Act important for XRP?

The legislation could provide greater regulatory clarity for digital assets in the U.S. A positive procedural vote could improve sentiment toward XRP and other cryptocurrencies.

What is XRP's key support?

The $1.30–$1.35 zone is currently one of the most important support areas. A sustained break below it could increase downside risk.

Are XRP ETFs still attracting money?

Yes. U.S. spot XRP ETFs have accumulated more than $1.7 billion in net inflows, although recent daily inflows have slowed.

Final Take

XRP is entering a potentially important week with two major U.S. catalysts arriving back-to-back.

A positive CLARITY Act vote could improve regulatory sentiment and help XRP challenge $1.50 and potentially $1.70. But the Federal Reserve's decision the following day could either reinforce or undermine that momentum.

For now, $1.30–$1.35 support and $1.50–$1.70 resistance are the key zones to watch. The $1.70 target should be treated as a bullish scenario rather than a certainty.