XRP Price Outlook Ahead of Today’s White House Crypto Meeting — What’s Next?

XRP price hovered near $1 on Wednesday as traders monitored a White House cryptocurrency meeting and market conditions.

Bitcoin price surged above $64,200 as it recovered from a recent asset market weakness.

Ethereum was nearing the top of its consolidation zone at $1,919 while XRP was trying to settle above support.

The gathering could influence expectations surrounding regulation, market infrastructure, and federal oversight of digital assets across the United States.

White House Meeting Draws Industry Leaders

President Donald Trump will be joined by regulators and executives from among the many sectors of cryptocurrency, prediction markets, and traditional finance.

The attendees are expected to feature SEC Chairman Paul Atkins, CFTC Chief Michael Selig, Coinbase, Ripple, Gemini, Polymarket, and Kalshi.

It is said that representatives of Nasdaq, New York Stock Exchange, CME Group and DTCC are invited.

DTCC’s presence has garnered attention due to its role in processing transactions in America’s securities markets.

🚨 The biggest crypto summit in White House history is happening TODAY.

Let me explain.

President Trump is expected to meet SEC Chair Paul Atkins, CFTC Chair Mike Selig, and representatives from Coinbase, Ripple, Gemini, Polymarket, Kalshi, Nasdaq, NYSE, CME Group, and DTCC.… pic.twitter.com/E6G15alnAk

— Crypto Rover (@cryptorover) August 19, 2026

There has been no official agenda however that indicates if there will be any discussions of infrastructure projects or immediate regulatory measures.

The meeting follows a pitched battle between Congress and financial regulators as the agency attempts to pass a bill that would clarify its roles and responsibilities. 

The meeting follows a pitched battle in Congress between lawmakers and financial regulators as the agency tries to pass a bill that would clarify its roles and responsibilities.

Federal agencies have been more involved in crafting cryptocurrency policy via rules developed under existing legal authorities.

The event comes before the first CFTC Innovation Advisory Committee meeting in Washington on Thursday.

The committee will be considering issues involving regulation of cryptocurrencies, AI, prediction markets and recent activity of the CFTC in the new financial industries.

XRP Price Technical Levels Point Toward Recovery

XRP price gained 0.02% during the latest four-hour period, holding near the important $1 psychological threshold.

The token is still above the $0.99 support level, but past resistance failed to generate any significant upward action.

XRP price continued to drop in the market due to recent weakness with both $1.03 and $1.05 price levels being key obstacles on another potential rebound.

The Relative Strength Index was at 47.03, which is in an overall bearish zone, but still not in extreme bearish territory.

Meanwhile, the MACD line touched negative 0.0016, surpassing the signal line which touched negative 0.0022.

There is a positive 0.0006 histogram, indicating that the long-term bearish momentum is starting to fade despite the broader bearish market structure

To maintain $0.99 may ensure consolidation and allow one more shot at breaking above $1 in Wednesday’s headline-fueled trading.

If XRP price can break above $1.03, the momentum could be further boosted before it pushes towards the higher $1.05 resistance level.

A close above $1.05 will break the bearish chart pattern and will help to establish a better picture for a more significant short-term rally.

On the other hand, a $0.99 decline can push the token back into the downtrend and bring it into the hands of the support level at $0.97.

US XRP ETFs Record $5.81 Million in Daily Inflows

On 18 August, US XRP spot ETFs saw $5.81 million in net inflows, as investors resumed to buy the tokens. Bitwise led with $2.24 million, with Grayscale coming in with $1.94 million. 

There was no inflows reported for Canary and 21Shares, but Franklin added $1.63 million. The total net assets now stood at $941.41 million, which accounted for 1.50% of XRP’s market cap. During this trading session, the total value of trading reached $10.49 million.