Why Ethereum, XRP and Solana Prices Are Up Today

Crypto Market Update: Why Ethereum, XRP and Solana Prices Are Up Today

Lokesh GuptaPublished:
September 4, 2026

Ethereum, XRP, and Solana prices are up today as traders digest fresh Fed comments and weak US jobs data. Each coin is sitting right at a technical level that could decide what happens next.

Bitcoin, Ethereum, and XRP have all logged weekly gains. Traders are now watchingFriday’s Nonfarm Payrolls reportfor the next big move.

Behind the scenes, two other events are shaping sentiment. One is aFederal Reserve rate decision. The other is a Senate vote on crypto rules.

Why Are Crypto Prices Up Today?

Fed Governor Christopher Waller said Thursday he could support holding interest rates steady at the Fed’s next meeting if inflation keeps cooling. That comment gave bitcoin and other risk assets a lift.

The move followed soft jobs numbers. Weekly jobless claims came in at 206,000, a touch above forecasts. ADP private payroll data showed just 38,000 new jobs, well under the 47,000 expected.

Weak labor data usually raises hopes for lower interest rates. Lower rates tend to send money into riskier assets like crypto.

Not everything pointed to a slowdown, though. The ISM Services Index came in at 55.4, beating the 54.3 forecast. That means the services side of the economy is still growing even as hiring cools off.

What Are the Odds of a Fed Rate Cut in September?

According to CME Group’s FedWatch tool, markets now see close to a 50% chance the Fed holds rates steady at its September 16, 2026 meeting. That’s up from about 40% the day before.

Friday’s jobs report is the next big test. A weak print could add fuel to the current rally.

There’s also a political angle. The Senate has a procedural vote scheduled for September 15 on the CLARITY Act, a bill that would set clearer rules for digital assets.

That vote sits just one day before the Fed decision, so the middle of September could bring a lot of price movement at once.

Solana Price Prediction: Can SOL Hit $150?

Solana is trading near $100 after breaking out of a long-term descending channel. That kind of move is often read as an early sign of a trend change.

More recently, SOL has formed a short-term descending flag or wedge on the daily chart. This pattern can lead to a bullish continuation, but only if the $98 to $100 zone holds as support.

Crypto analyst Ali Martinez saysSolana’s market structure is turning bullish. He believes traders still on the sidelines may be missing an early entry before the next leg up.

Martinez has floated $150 as a longer-term target for SOL. That call depends on Solana clearing nearby resistance and holding its breakout. It’s one analyst’s view, not a promise.

What Are Solana’s Key Price Levels This Week?

• A break above $104 to $105 could open the door to $110 to $112

• Past that, resistance sits around $118 to $120

• A strong volume breakout above $120 could eventually aim for $135 to $140

• A break below $98 could send SOL down to $94 to $95, and possibly $90

Solana heads into the month with some real strengths behind it. App revenue has hit record levels, a testnet upgrade is live, and the chart shows a clean technical breakout.

At the same time, recent ETF outflows and a tight resistance band near $104 to $105 mean SOL still has work to do. The $150 target from analysts stays out of reach unless SOL clears that zone first. Traders will likely spend this week watching whether the $100 support level holds.

XRP Price Prediction: Is $2 Realistic This Month?

XRP broke through daily resistance and is now showing a bullish breakout structure. Price has reclaimed a key moving-average zone and is holding above the breakout area.

The chart pattern looks like a bull flag, following XRP’s sharp move from around $1.00 up to the $1.55 area, then a period of calmer consolidation.

XRP is currently trading around $1.44 to $1.45. Recent technical analysis flags $1.35 to $1.40 as an important support zone to watch.

If XRP holds above $1.43 to $1.45 and then breaks $1.55 on strong volume, the next targets become $1.70 and then $1.90, with a longer measured-move target near $2.17 to $2.19. The bullish case would weaken if XRP closes a daily candle below $1.35.

Analyst Ali also points to a separate accumulation zone between $1.31 and $1.38, where more than 4.8 billion XRP tokens changed hands. An hourly close above $1.38, he says, could confirm a bullish flag breakout and put $2 back on the table.

None of these levels are locked in. XRP needs a clean break and hold above its prior descending channel, not just a brief wick through it, for the bullish case to gain real confirmation.

Can XRP Price Hit $2 This Month?

A move to $2 is possible but far from guaranteed. It would likely need a clean breakout above $1.43 on strong volume, plus supportive news from Friday’s jobs report, the Fed meeting, or the CLARITY Act vote.

If XRP instead loses the $1.33 to $1.35 support zone, a drop toward $1.27 becomes more likely. Traders following theXRP price predictionthis month should keep an eye on Friday’s payrolls data, the September 15 Senate vote, and the September 16 Fed decision, since any one of the three could shift XRP’s direction.

Ethereum Price Prediction: Next Stop $3,000?

ETH is forming a bullish flag on the daily chart after breaking out from the $1,850 to $1,900 zone. Price is now consolidating near $2,500 to $2,550, with the rising 20 EMA around $2,350 acting as dynamic support.

A daily close above $2,550 could open the door to the next leg higher, toward $2,800 to $3,000. The measured move from the flag pattern points to an extended target around $3,150 to $3,250.

If ETH loses the $2,350 to $2,400 support zone, the bullish setup weakens, and a deeper pullback becomes more likely.

Overall, theEthereum price predictionfor this stretch leans toward a possible breakout above $3,000, but only if the $2,550 level is decisively reclaimed first.

Bottom Line

ETH, XRP, and SOL are all trading near important technical levels this week. Each one has a bullish case building, but each also has a support zone that needs to hold.

The next few days carry a lot of scheduled catalysts. Friday’s jobs report, the September 15 CLARITY Act vote, and the September 16 Fed decision could all move prices quickly in either direction.

Crypto markets can shift fast, and support levels don’t always hold just because a chart pattern suggests they should.

Disclaimer:This article is for informational purposes only and does not constitute financial, investment, or trading advice. Past performance and technical chart patterns do not guarantee future results. Always do your own research before making any investment decisions.

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