XRP has defended the $1 level after dipping to $1.01, recovering toward $1.03-$1.04 amid legislative uncertainty surrounding the CLARITY Act ahead of a September vote. The token has posted the worst weekly performance among major cryptocurrencies, down 2.3% over seven days and 5.6% over the past month. Approximately $9.6 million in liquidations hit the market, with long positions absorbing most of the damage. Resistance sits between $1.06 and $1.08, while Fibonacci support near $0.97 would come into play if the psychological $1 level breaks. Prediction markets assign a 68% probability that XRP falls to $1 or below during August.
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