Ripple’s native token just ended September well in the green, extending its streak that began with a minor increase in July. All eyes are now on October on several fronts. The question is: can $XRP continue its run, or will the last two October editions take their toll?
$XRP Went Hard in September
Recall that August was the cross-border token’s most successful month in over a year, when it skyrocketed by 30% from start to finish. Moreover, it had dipped to just under $1.00 mid-month, which makes its close even more impressive. $XRP entered September on a high note, not only because of the spectacular August but because it had closed all four previous Septembers in the green.
The ninth month of the year was indeed positive on a few fronts. First, the price gained just under 10%, and $XRP ended it at over $1.50. It tried to take down the $1.60 resistance on several occasions but to no avail. In addition, the spot ETFs tracking its performance marked some major wins.
