XRP Price Prediction: Momentum and $1.40 Floor to Hold

XRP price trades around the $1.40 to $1.45 range, down from the recent $1.70 peak as the token digests one of its sharpest weekly swings of the year, despite its prediction still leaning bullish.

The rally has faded, leaving traders with a much simpler question: Does $1.40 hold, or does this unwind further?The move traces back to a broken falling wedge pattern and a wave of legislative optimism.

President Trump pushed Congress on the CLARITY Act during a White House crypto meeting featuring Ripple’s Brad Garlinghouse. The Senate then moved toward a scheduled cloture vote. JUST IN: #Ripple CEO Brad Garlinghouse is now LIVE from the White House alongside President Trump.

— RippleXity (@RippleXity) August 19, 2026 Leveraged shorts were caught wrong-footed, triggering a squeeze that turned the rally into a danger zone once buyers failed to defend the $1.50 to $1.55 area.Crypto markets remain caught between regulatory optimism and traders carrying increasingly heavy leverage.