XRP News Today: XRP Price Prediction and Key Levels to Watch Now

XRP price today is trading near $1.38, down about 2% to 3% over the past 24 hours. The drop follows a hawkish speech from Federal Reserve Chair Kevin Warsh at Jackson Hole.

Traders searching "xrp news today" are watching one thing closely. Can the token hold its key support zone?

Despite the pullback, XRP is still ending August with a strong monthly gain. This XRP price prediction breaks down what is driving the move, what the charts show, and what could happen next.

Why Is XRP down Today?

XRP news today is mixed. On one hand, Fed Chair Warsh delivered a hawkish inflation message on Friday. He said 54% of PCE inflation components have risen more than 3% over the past year. That raised the odds of another rate hike as soon as September.

Higher rates usually hurt riskier assets like crypto. That is a big reason why Is XRP going up today is actually the wrong question for some traders. The token slipped from near $1.47 down to around $1.38 on the news.

On the other hand, XRP news prediction chatter remains bullish for the medium term. The token is still up roughly 31% to 39% for August alone, based on CoinGecko data. So today's dip looks more like a pullback inside a bigger uptrend, not a trend reversal.

Anyone checking XRP today across social media will notice the mood is split. Short-term traders are nervous about rate hikes. Longer-term holders are pointing to ETF flows and the Clarity Act as reasons to stay patient.

XRP Price Today: Key Numbers At A Glance

Data source: derivatives exchange dashboard, as of late August 2026.

The long/short ratio staying above 2 shows traders are still leaning bullish overall. But short-term liquidations tell a different story. More longs got wiped out in the past day than shorts, which lines up with today's red candle.

XRP Price Prediction: What The Charts Say

XRP recently broke back above its 200-day exponential moving average near $1.35 for the first time since October 2025. That triggered a short squeeze that pushed prices as high as $1.70 last week.

Since then, price has pulled back toward the $1.40 to $1.45 zone, and now sits closer to $1.38. Analysts say holding the 200-day EMA around $1.35 is the line in the sand. Stay above it, and a move toward $1.60, then $1.80, stays on the table. Lose it, and a deeper correction becomes more likely.

Some chart watchers are looking much further out. One trader who correctly called XRP's move from $0.50 to over $3.30 in an earlier cycle says the token may be forming a bullish wedge breakout.

That pattern, if it plays out, points to a measured move target near $15. That is a long-term, high-risk scenario, not a near-term forecast, and it depends entirely on the pattern holding up.

A separate long-term Gaussian Channel projection puts Fibonacci-based targets near $4.98, $8.59, and $13.89 over a multi-year horizon. These are projections built on chart patterns, not guarantees.

XRP Seasonality: Does September Actually Favor Bulls?

Here is something worth knowing if you are reading XRP news prediction threads today. XRP has closed September in the green for four straight years, with gains of 46.2%, 0.42%, 7.98%, and 2.49%.

That breaks the common idea that early autumn is weak for crypto. It does not guarantee anything this year, but it is a pattern bulls keep pointing to.

The Clarity Act: The Big Catalyst Ahead

The biggest event on the calendar is the Senate vote on the Clarity Act, scheduled for September 15, 2026. If it passes, XRP would be classified as a commodity at the federal level, which would remove a major layer of regulatory uncertainty that has hung over the token for years.

President Trump has called the bill a top priority multiple times in 2026, including at the White House crypto summit. But the bill has also missed several earlier deadlines going back to February, so traders are treating September 15 with some caution rather than certainty.

Evernorth Advances $1 Billion XRP Treasury Deal Toward Nasdaq Listing

Evernorth said the SEC has declared effective its Form S-4 registration statement for the proposed merger with Armada Acquisition Corp. II, with a shareholder vote scheduled for September 30. If approved and completed, the combined company is expected to list on Nasdaq under the ticker XRPN as an XRP-focused treasury company. Evernorth previously said it had secured more than $1 billion in gross proceeds and committed capital from investors including Ripple, SBI Group, Pantera Capital and Kraken.

ETF Inflows Add A Bullish Layer

Spot XRP ETFs are on a nine-day inflow streak, pulling in about $153.54 million in August alone. That is the fourth-best month for XRP ETF inflows since launch, and funds now hold about 1.66% of XRP's circulating supply.

On August 28 alone, XRP ETFs saw $26.20 million in net inflows, with total historical inflows crossing $1.663 billion. Steady ETF demand is one reason dips have been getting bought so far this year.

This is the kind of detail that tends to get buried once the XRP latest news cycle moves on to the next headline. But inflows during a red day are usually a stronger signal than inflows during a rally, since it shows buyers stepping in even when sentiment turns.

Ripple's Other Big Move: Quantum-Proofing The Ledger

Away from price action, there is another story making the rounds in XRP crypto news circles this week. Ripple engineers are working on a four-stage plan to prepare the XRP Ledger for a future where quantum computers could theoretically break today's cryptography.

Ripple has also started an AI-only security audit of its Lending Protocol. A clean result could support XRP Ledger's growing role in decentralized finance. Neither story moves price today the way the Fed comments did, but both matter for anyone thinking beyond this week's chart.

What To Watch Next

• $1.35: the 200-day EMA and the level bulls need to defend.

• September 15: the Clarity Act Senate vote.

• September Fed meeting: where another rate hike could be decided.

• $1.60 and $1.80: the next resistance levels if support holds.

Nobody can say for certain where XRP price goes from here. The setup shows real strength this year, but rate policy and the Clarity Act vote are two events that could swing sentiment fast in either direction.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency prices are highly volatile, and past performance does not guarantee future results. Always do your own research and consult a licensed financial advisor before making any investment decisions.