XRP (XRP) Jumps 6% to $1.45 as Cooling US Jobs Data Bolsters Fed Rate-Cut Bets

Whales Add 380 Million XRP

XRP's role as a cross-border settlement asset has been in focus as the token climbed more than 6% over the past 24 hours, changing hands near $1.45 at press time and reversing most of a late-August pullback that had dragged it back to the $1.36–$1.37 zone. The August rebound itself was sharp — XRP briefly approached $1.70 before profit-taking set in — and the retreat tracked broader market volatility rather than any token-specific shock. Beneath the price swing, accumulation has quietly continued. On-chain data shows wallets holding between 1 million and 10 million XRP added roughly 380 million tokens during the recent stretch, a signature of large holders using weakness to build positions instead of distributing into strength. Institutional channels tell the same story: cumulative net inflows into spot XRP ETFs reached approximately $1.57 billion as of late August, a capital base that marks the shift from purely retail-driven trading toward regulated, portfolio-based ownership. A recent holder survey underlines how early the cycle may still be — 67% of respondents said they hold no cryptocurrency at all, yet 60% expect prices to keep rising through the end of 2026 and plan to build positions over the coming year, a belief-action gap that leaves substantial demand on the sidelines. Regulation is the next scheduled catalyst. The US Senate votes on cloture for the CLARITY Act on September 15, a procedural milestone our Ripple CEO crypto-capital coverage examined in detail, and traders are treating it as a live sentiment driver. The variables that matter into mid-September are ETF fund flows, whale holdings and the pace of US rulemaking; together they will decide whether the token retests its August high or consolidates first. For readers tracking the broader narrative, our XRP coverage hub aggregates the full picture.

Fed Dovish Turn Fuels the Move

The spark for this session's advance was macro, not crypto-native. Fresh US labor-market data landed soft on both fronts: weekly jobless claims printed 206K against the 205K consensus, up from 203K the prior week, while ADP private payrolls expanded just 38K versus the 47K economists expected — a double miss flagged in a labor-market data post on X that strengthened the case for a Federal Reserve rate cut. Risk assets caught a broad bid on the repricing, and XRP was among the strongest majors on the session. Rate-cut odds have swung all week, and that volatility is spilling directly into altcoin market price action. Participation looks genuine rather than a thin pump: 24-hour volume held near $4 billion, and a market capitalization around $91 billion keeps XRP firmly among large-cap leaders. The chart, however, still shows unfinished business. Price is rebounding off the lower boundary of a descending triangle that dates back to August's $1.70 peak, and the $1.35–$1.38 support band — the zone that absorbed the heaviest historical volume — has so far held, with the 200-day EMA providing a further cushion at $1.33–$1.35. The roadmap traders are watching is straightforward: holding above $1.34 sets up a retest of $1.55, and a clean break opens the $1.60–$1.90 range. A slip below $1.30, by contrast, would risk a deeper correction, particularly if upcoming jobs data re-ignites risk aversion. ETF-flow speculation continues to revive far loftier targets among bulls, though that timeline stays firmly speculative. Newcomers building a position into the volatility can consult our guide to the Best Crypto Exchanges for venue selection and custody basics, and the same macro-liquidity cycle that lifted spot demand historically feeds through to DeFi activity as risk appetite broadens. Readers tracking the market in real time can follow live spot and futures prices on Binance.

a labor-market data post on Xhttps://x.com/coinbureau/status/2095490964576219630?ref_src=twsrc%5Etfw

COINOTAG Composite: $1.40 Shelf at 92/100

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.3967 support at 92/100 — driven by the confluence of a Flip R→S, Fibonacci 0.382, the Pivot Point and an LVN — while the immediate $1.4544 barrier scores 69/100 (Flip S→R, HVN, MACD cross) and the $1.6999 swing-high resistance carries 70/100 from Fibo 0.000, Donchian Upper and the swing high. Spot at $1.4534 (+6.44%) sits directly on that first resistance, with RSI at 66.63 and a bearish MACD signal warning of near-term churn. Crypto exchange derivatives aggregate a 0.0059% funding rate, $1.04 billion open interest and a 2.55 long/short account ratio (71.8% long) — a crowded-long tilt against a Greed reading of 74/100. Bullish case: hold $1.3967 and rotate toward $1.70. Invalidation: a daily close below $1.3967 opens the $1.3147 support (63/100).