XRP faced a sharp selloff after the US Senate failed to advance the CLARITY Act on Sept. 15, while separate attention around the XRP Ledger’s REAL Token added another layer to the market outlook. The token fell nearly 9% over 24 hours to trade near $1.30 on Sept. 16, down from the $1.40 level it held before the procedural vote. CoinGecko data showed XRP down 8.9% over 24 hours and 9.4% over seven days, with an intraday low near $1.27 before a partial recovery.
The CLARITY Act stalled in a 49-50 procedural vote, falling short of the 60 votes required to move forward; four Republicans joined Democrats in opposition. The bill sought to establish a federal market structure for digital assets and clarify US regulatory responsibilities. Ripple said the result did not change XRP’s existing legal position, citing its 2023 court victory and a March 2026 joint SEC and CFTC interpretation that named XRP a digital commodity.
Broader market caution added pressure as traders awaited the Federal Reserve’s Sept. 16 policy decision. The US 10-year Treasury yield climbed as high as 5.041%, its highest level since July 2007, while the two-year yield reached 4.688% and the 30-year yield touched 5.401%. CME’s FedWatch tool priced a 92.7% probability of at least a 25 basis point rate increase before the decision. Bitcoin fell nearly 4% and Ethereum lost more than 6% during the selloff.
Technical levels now hinge on support between $1.26 and $1.28. XRP trades below the 20-day exponential moving average near $1.35 and the 200-day EMA near $1.35. The 50-day EMA sits around $1.28, while the 100-day EMA is near $1.26. A daily close below the 50-day EMA would put the 100-day EMA in focus, with a loss of that cluster potentially exposing $1.20 and then the $1.10-$1.15 consolidation zone. The relative strength index has dropped to 46.86 and MACD has turned negative, showing momentum has faded after XRP’s early September attempt to stay above $1.40.
Separately, XRPL activity drew attention as REAL Token announced a centralized exchange listing scheduled for September 21. The token, described as one of the larger assets on the XRP Ledger, is accessible through the XRPL decentralized exchange. However, XRP and REAL Token remain separate assets with different market structures, and REAL Token activity does not automatically create equivalent demand for XRP. A widely discussed $10 trillion XRP valuation scenario would imply a price near $179.50, but that figure remains a long-range community projection rather than a confirmed target.
