XRP Faces Major $1.43 Resistance Ahead of September Vote

XRP is currently struggling to push past a stubborn price wall at $1.43. This level has stopped rally attempts three times since late August, leaving the token in a tight consolidation range between $1.40 and $1.43. While buyers are keeping the price steady, they currently lack the power to force a clear breakout.

The next few days are critical for the asset as a series of events could change the market mood. The XRPL 3.3.0 upgrade window is expected to open around September 11, and the Senate is scheduled to vote on the CLARITY Act on September 15. Many traders view this legislative vote as the primary catalyst that could finally push the price above current resistance.

Looking at the charts, holding the $1.40 support is essential for bulls. If the price fails to stay above this line, it could drop toward the $1.30 level. However, a successful climb past $1.43 would put $1.50 in view, with further targets potentially reaching $1.68 if the legislative outcome favors the crypto industry.

For now, the market remains focused on supply dynamics following the recent escrow release of 1 billion tokens. XRP holders are waiting to see if these upcoming regulatory and technical milestones provide enough momentum to break the recent trend of horizontal trading.