XRP (XRP) Price: Holds Near $1 Ahead of White House Crypto Meeting

TLDR

• XRP price sits near $1, holding above the $0.99 support level as bearish momentum fades.
• A White House crypto meeting today could shape US regulatory expectations for digital assets.
• SEC Chair Paul Atkins, CFTC Chief Michael Selig, and firms like Coinbase and Ripple are expected to attend.
• US spot XRP ETFs pulled in $5.81 million in net inflows on August 18.
• XRP faces resistance at $1.03 and $1.05, with a drop risking a slide to $0.97.

XRP price traded close to $1 on Wednesday. Traders were watching a White House crypto meeting alongside broader market moves.

Bitcoin climbed above $64,200. That marked a recovery from recent weakness across digital asset markets.

Ethereum sat near $1,919, close to the top of its recent trading range. XRP, meanwhile, worked to hold its ground above $1.

President Donald Trump is expected to meet with regulators and industry executives today. The gathering could influence how the US approaches crypto oversight going forward.

Attendees are expected to include SEC Chairman Paul Atkins and CFTC Chief Michael Selig. Executives from Coinbase, Ripple, Gemini, Polymarket, and Kalshi are also expected to join.

Who Else Is Attending the Meeting

Representatives from Nasdaq, the New York Stock Exchange, CME Group, and DTCC were reportedly invited too. DTCC’s involvement drew attention because of its role in processing US securities transactions.

Crypto analyst Crypto Rover called it the biggest crypto summit in White House history in a tweet posted Wednesday. He listed the same group of attendees, from Trump and the SEC and CFTC chairs to Coinbase, Ripple, Nasdaq, and DTCC, framing the meeting as a major moment for the industry.

No official agenda has been released. It remains unclear if infrastructure projects or new rules will come up for discussion.

The meeting follows ongoing friction between Congress and financial regulators. Lawmakers have been working on a bill meant to clarify regulatory roles for digital assets.

A separate event, the first CFTC Innovation Advisory Committee meeting, is set for Thursday in Washington. That committee will look at crypto, AI, and prediction market rules.

XRP Technical Levels and ETF Flows

XRP price rose 0.02% over the latest four-hour period. It held above the $0.99 support level despite failed attempts to push higher.

The Relative Strength Index read 47.03, placing XRP in bearish territory but not at extreme lows. The MACD line sat at negative 0.0016, above the signal line at negative 0.0022.

XRP Price on CoinGecko

A positive histogram reading of 0.0006 suggests bearish momentum is easing. Holding $0.99 could give XRP another chance to clear $1.

A break above $1.03 could open the door toward $1.05. Clearing that level would mark a shift away from the recent bearish pattern.

A drop below $0.99 could send XRP back toward $0.97 support. US spot XRP ETFs saw $5.81 million in net inflows on August 18.

Bitwise led with $2.24 million, followed by Grayscale at $1.94 million and Franklin at $1.63 million. Canary and 21Shares reported no inflows that day.

Total net assets across XRP ETFs reached $941.41 million, equal to 1.50% of XRP’s market cap. Trading volume across these funds hit $10.49 million during the session.

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