XRP’s price has fallen back to $1.34-$1.37 following its brief August surge, with daily volatility nearly vanished according to Bollinger Bands. The market is awaiting two major events: the U.S. Senate vote on the CLARITY Act on Sept. 15 and the Fed’s interest rate decision on Sept. 16, amid resurging inflation (PPI at 5.4%) and Brent crude above $107. XRP ETF inflows have plummeted by 93%, with the market pricing in a 70% probability of a hawkish Fed stance. Historically, these anti-volatility phases have been followed by sideways drifts of 79 to 89 days for short cycles, and up to 240 days for macro cycles, potentially lasting until spring 2027.
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