Why XRP’s Best Q3 in 4 Years Will Not Save Bulls This October

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XRP posted its best third quarter in four years with a +48.1% return, settling at $1.54 and fully erasing first-half losses. However, this explosive rally created local overbought conditions that could leave bulls stuck in a consolidation phase. Historically, October is XRP’s worst month of the year, with an average return of -5.14% and a median of -2.97%. The price would need a technical pullback to the $1.30-1.40 support zone to resume a healthy uptrend.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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