XRP Climbs Toward $1.50 As Ripple CEO Eyes CLARITY Act

Ripple is changing hands around $1.44 after bouncing strongly from the $1.31 area earlier in the week. The token gained roughly six to seven percent over the past seven days, drawing fresh attention from traders ahead of key regulatory updates. Profit taking has kept prices below recent highs, but market participants remain focused on upcoming political developments.

Ripple CEO Brad Garlinghouse recently stated that making America the crypto capital of the world is within reach, urging lawmakers to finish the job. His comments arrive less than two weeks before the Senate holds a cloture vote on the CLARITY Act on September 15. The vote requires 60 votes to advance the bill toward formal debate, meaning the outcome could heavily influence market sentiment.

Traders are watching key technical levels as the weekend approaches. Support sits firmly around the $1.35 mark, while pushing past $1.50 could open the door for a run toward $1.60. Prediction markets currently show solid interest in higher targets for the month, though broader disagreements over stablecoin and DeFi rules leave the token sensitive to macro conditions.

Keep an eye on the upcoming Senate vote and how XRP handles the $1.35 support and $1.50 resistance zones. A successful move past resistance could sustain the current bullish setup, while a failure in Congress might trigger further volatility.